Sasko owner Pioneer Foods, which is in the middle of a takeover by PepsiCo, says exports into the rest of Africa have taken strain because of the protectionist policies of other governments on the continent.
The group, also the owner of the Ceres and Spekko brands, said volatile currencies and constrained consumers markets in other African countries depressed export volumes.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.
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