Tag Archives: Clover Industries

South Africa’s Clover Industries to launch low-sugar Tropika

South Africa’s largest dairy fruit juice maker, Clover Industries said on Tuesday it would soon introduce Tropika Slender, a low-sugar and low-calorie variant of its bestselling beverage, Tropika, as it seeks to protect its market against a government sponsored sugar-tax that is to come into effect in April 2017. Clover has about 80% market share of South Africa’s dairy fruit juice sector.

South Africa’s Clover Industries to quit Nigeria

South Africa’s Clover Industries, makers of a wide range of food and beverage products has announced that it will no longer invest in Nigeria due to the financial crisis caused by the fallen oil price.

“The current financial crisis experienced in Nigeria which is fueled by the low oil price is a further cause of concern, thus the group has decided to withdraw from future investments in Nigeria,” the company said in a statement.