Food and Beverages Business News Features

TRU-CAPE, the marketers of 12 million cartons of apples and pears a year, has delivered its 10 millionth carton to the Shoprite/Checkers group.

When businessman and entrepreneur Marcel van der Merwe opened the country’s first ever frozen yoghurt store in Stellenbosch in June 1989, few could imagine that some 20 years later, the product would be gaining ground in South Africa and abroad.

The first six months’ performance by KWV since its unbundling shows growth of 12.3% in sales volumes, with the South African market being the strongest performer at 14.1% revenue growth.

Business confidence levels have improved in South Africa, and a GDP growth rate of over 3% is forecast for 2010. Boosted by an upturn in consumer spending on food and drink, South Africa is set to surpass pre-recession demand.