BizNews BizNews Radio

Hipster Flies help SA biotech company take flight - Dominique Malan Maltento

Loading player...
Maltento, a pioneering biotech company based in Cape Town, has successfully concluded a capital raise of £3.3 million (R63.78 million) from Sand River Venture Capital. The funding injection will enable Maltento to significantly scale up its business, which centers around farming black soldier flies for animal feed. Operating from their factory located in Epping, Cape Town, Maltento is currently shipping more than 15 tonnes of processed black soldier fly larvae to the United States every month. Dominic Malan, the Commercial Director and Co-founder of Maltento told Biznews that highlighting the gut health and hypoallergenic benefits of insect protein rather than focusing solely on the origin and the insects could shift the narrative and encourage the adoption of insect-based products among humans- Linda van Tilburg  Learn more about your ad choices. Visit megaphone.fm/adchoices
18 May 2023 10AM English South Africa Investing · Business News

Other recent episodes

NdB Sunday Show | Mzo Mpolase: How low can SA go?

In today's NdB Sunday Show with Chris Steyn, Political Analyst Mzo Mpolase slams President Cyril Ramaphosa's latest utterance on the looming loss of AGOA. "You're running a country here, you're not running some ANC ideological office. This is the fate of the economy, the fate of many jobs, which you…
25 Oct 9AM 27 min

BN Edge | Mini-budget unpacked, with Finance Minister Enoch Godongwana

Two days after telling Parliament that South Africa had emerged from the fiscal wilderness, Finance Minister Enoch Godongwana gave up part of his weekend to explain what that did and didn't mean. He conceded the tax burden had reached levels no finance minister should be comfortable with, and that growth…
25 Oct 9AM 20 min

BN Edge | Lesaka is facing hard questions. Ali Mazanderani is answering them

Lesaka grew out of Net1, whose subsidiary's social grants contract ended up before the Constitutional Court. Now it wants to take deposits from the same grant recipients it lends to. In a follow-up to their strategy conversation, Alec Hogg put the harder questions to executive chairman Ali Mazanderani: who carries…
23 Oct 8AM 37 min

BN Edge | Donald MacKay unpacks the bureaucratic black hole in SA trade

A tariff investigation in South Africa is meant to take six months. Donald MacKay, whose XA Global Trade Advisors released its latest import duty report this week, told Alec Hogg the average had stretched to 40 months, and that the oldest open case was old enough to start school. He…
23 Oct 7AM 24 min
All episodes