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Turnaround boosts Ububele profit
04 March 2011
"ALTX-listed Ububele Holdings boosted gross revenue by 10% and its gross profit by 13% in the six months to December, attributing its success to the world's population growth and food demand."
Please click here to read the full article that was published in the Business Day of 3 March 2011.
SPOTTED IN A CAPE TOWN LOCAL NEWSPAPER
09 November 2010
Last week the attached article was spotted in Die Burger, a local newspaper in Cape Town. The picture is a wonderful showcase of many fruit and vegetable products supplied by Ububele’s Just Fruit and Veg business to Foodco, the new supermarket established by GAME. (See news item dated 02 November 2010)
>Read more
JUST FRUIT AND VEG
02 November 2010
Not to be outdone by Ububele Dairy Products, Just Fruit and Veg has also a new noteworthy addition to their customer base.
Much has been publicised in the media about the imminent deal between America’s Wal-Mart and South Africa’s Massmart. Ububele’s stakeholders are informed that Ububele will also be indirectly in this ”mix”!
The wholly owned Ububele subsidiary Just Fruit and Veg has entered into an agreement to supply the newly formed Foodco supermarkets inside GAME stores. GAME, of course, is a wholly owned subsidiary of Massmart. Deliveries commenced on 27 October 2010 to the first GAME/Foodco store at NI City, near Cape Town. The planning is to commission the next GAME /Foodco on 01 December 2010. A third supermarket has also been announced already.
Just Fruit and Veg’s offering to GAME/Foodco is a comprehensive basket of pre-packaged fruit and veg.
A positive spin-off is the creation of 5 new jobs.
Ububele Diary Products (UDP) secures supply contract with KAUAI
01 November 2010
We are proud to announce that UDP has entered into a supply contract with KAUAI whose stated mission it is "to have products that are recognized by global consumers and our employees as tasty, healthy, natural, affordable and convenient - in an environment that reflects the natural elements of our products".
Ububele Dairy Products will supply 3,500 x 5Lt tubs of frozen yogurt per month. The frozen yogurts will form the basis for the making of smoothies in all KAUAI’s stores country wide.
Another important outflow from this deal is that an extra three jobs have been created for packers/fillers.
In and around the World Cup
22 June 2010
At Ububele we have also “felt it” from the word go what with the vuvuzelas, flags and huge support for our national soccer team Bafana Bafana. Check out the collage of world cup photos hereunder – excited staff members at the various Ububele subsidiaries showing their support whilst not missing a beat producing wonderful ice creams, yogurt, superior quality fruit and vegetables products and crop protection compounds, amongst other things.
Whilst we were giving our team our whole hearted support, Ububele remained hard at work. Congratulations are in order for both our food factories at Ububele Dairy Products and Just Fruit and Veg. Both factories have just passed with flying colours comprehensive audits conducted by some of the top retail companies in South Africa.
UBUBELE STRENGTHENS ITS GREEN RESOLVE
12 April 2010
 It is with great pleasure that the Board announces that it has commissioned Stephan Roux, an existing Executive Director, to drive the Ububele Group’s environmental sustainability practices and performance. At Ububele we know that being an efficient and profitable business and being a good steward of the environment are goals that can work together. Furthermore, we accept that there are very clear business and legal reasons for taking measures to reduce both direct and indirect environmental impacts. The areas in which Stephan will streamline existing policy and goals are:
Stephan has done a fair bit of research and is very passionate about this part of the business’ sustainability activities. He is assured of the Boards complete backing.
AN INTERESTING QUOTE:
12 April 2010
“Civilization cannot begin without agriculture. Only with full bellies can people find other endeavours to occupy their time!” Anonymous.
Ububele releases interim results for December 2009
23 March 2010
Ububele's maiden interim results as a listed company after its reverse listing into Milkworx, showed a gross revenue of R295.6 million and gross profit of R85.9 million.
EBITDA came in at R16.2 million.
Operating profit was R15.1 million.
Net attributable profit amounted to R15.4 million.
In addition, headline earnings on a per share basis was 0.19cps.
Outlook
Management looks forward to a year of further value enhancing for its shareholders and feels that Ububele is poised to take advantage of improved market conditions and to continue the company's growth in its respective markets.
Click here for the full results.
Ububele has listed on the AltX!
09 November 2009
The Board of Ububele Holdings Ltd is proud to annouce the successful listing today of the company on the JSE's AltX.
Please click here to view an edited version of the video recording of the proceedings.
Heavenly Promises
13 October 2009
Just Fruit & Veg recently joined forces with NGO Heavenly Promises, Chevron and The Western Cape Social Development Department to provide daily meals to HIV/Aids sufferers in Du Noon informal settlement.
Heavenly Promises is a group of home-based caregivers for people with HIV/Aids in Du Noon informal settlement, Cape Town.
The volunteers that run the NGO Heavenly Promises, visit around 50 homes a week and give people infected with HIV/Aids at least one meal per day.
Heavenly Promises received a brand new kitchen on Friday, 28 September 2009. The kitchen and appliances were donated by Chevron.
A home-based care givers programme has been develop by the Western Cape Social Development Department.
Just Fruit and Veg contribute fresh vegetables to Heavenly Promises as part of the soup ingredients.
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