Browsing: Food & Drink

Agriculture The Xinavane sugar refinery. Photo: Tongaat Hulett
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South African sugar producer Tongaat Hulett, which operates two sugar plantations in Mozambique, is entering talks with its creditors after warning investors it made a $90 million loss over the last year - a drastic turnaround from the $44 million profit the company made the year [...]

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Business The building site for CDM's new brewery in Marracuene, currently home to a small restaurant serving CDM beer. Photo © Alexandre Nhampossa / Zitamar News
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Mozambican brewing company Cervejas de Moçambique (CDM), part of the giant AB InBev group, has started building its new brewery on land sold to it by a Frelimo general in a process expedited by the governor of Maputo Province, Raimundo Diomba.

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Agriculture A Dadtco mobile cassava processing facility
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The company supplying cassava to Mozambican brewer CDM to make its Impala beer is expanding into producing cassava flour, after working to help curb a disease that has threatened the country’s cassava production. Majority South African-owned Dadtco Philafrica started processing cassava in [...]

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Business The shuttered former Usave store in Dondo, Sofala. Photo © Raindinho Geriano
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UPDATE, 15 November 2018, 09:20: Shoprite has confirmed it has closed the Usave store in Dondo, "but no firm decisions have yet been made on the other two Usave branches in the country." South African supermarket chain Shoprite is closing  a number of its smaller retail outlets in [...]

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Business A part of Afritex Ventures' fishing fleet. Photo: Afritex Ventures
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A tuna fishing company based in Beira - part-owned by the Mozambican military’s investment arm which was involved in the $2 billion ‘hidden debts’ scandal - expects to sell 2,000 tonnes of tuna this year, while the EMATUM fleet sits rusting on the edge of [...]

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Business CDM beers Manica and 2M. Photo © Tom Bowker / Zitamar News
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Mozambican brewing company Cervejas de Moçambique (CDM) is planning to invest $180 million in a new brewery that it will build by October next year, according to the company’s chairman, former minister and senior Frelimo member Tomaz [...]

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Business The Agua Vumba plant in Manica province.
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A Portuguese investment company has finalised the acquisition of a stake in Mozambican mineral water company Água Vumba from controversial businessman Jamú Sulemane Hassan. Strongeagle, run by two former executives [...]

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Business Crates of CDM beer piled up in Maputo. Photo © Timothy Haccius / Zitamar News
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Mozambique’s national brewing company, Cervejas de Moçambique (CDM), plans to build a new brewery close to the one currently being built by rival Heineken, in the district of Marracuene just north of the capital, Maputo.

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