Day: September 29, 2014

Investors tap into new cities in mall development

NIGERIA – A new dimension to the growth of the retail segment of the property market in Nigeria is fast evolving, with local and international investors shifting focus from the traditional cities of Abuja, Lagos and Port Harcourt to other locations where demand and consumer spend are seen to be growing.

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Coca-Cola Nigeria appoints new PR agency

NIGERIA – Coca-Cola Nigeria Limited has announced the appointment of The Quadrant Company as the new public relations consultants to steward her corporate and beverage brands, effective from September 2014.

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Mumias in Sh5bn debt talks

KENYA – Mumias Sugar Company is in talks with seven banks to restructure Sh5 billion of debt to free up cash flow as the miller seeks to return to profit.

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Sugar sector to contribute 411mw of electricity, more jobs

NIGERIA – The Executive Secretary of the National Sugar Development Council, NSDC, Dr. Lateef Busari, has said that the sugar sector could contribute 411 megawatts of electricity to the national grid in line with the Federal Government’s quest to boost energy supply in the country.

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