Day: November 9, 2016

KENYA – Retail giant Nakumatt is set to sell a 51 per cent stake in its Tanzanian unit for an undisclosed amount as it follows through a recently announced plan to retire its debt load.

ZAMBIA – Superior Milling Company Limited has called on Government to come up with a policy that will allow the export of value-added maize to contribute to revenue inflow.

SOUTH AFRICA – McDonald’s has been in the country for nearly 21 years and is making marketing and strategy changes as it looks to compete with newer fast-food brands.

SOUTH AFRICA – McDonald’s has been in the country for nearly 21 years and is making marketing and strategy changes as it looks to compete with newer fast-food brands.

SOUTH AFRICA – McDonald’s has been in the country for nearly 21 years and is making marketing and strategy changes as it looks to compete with newer fast-food brands.

SOUTH AFRICA – Japan’s Ajinomoto and PepsiCo are among bidders seeking to buy a stake in African dairy and drinks company Promasidor in a deal that would give them access to its distribution network across the continent, sources told Reuters.

SOUTH AFRICA – Japan’s Ajinomoto and PepsiCo are among bidders seeking to buy a stake in African dairy and drinks company Promasidor in a deal that would give them access to its distribution network across the continent, sources told Reuters.

KENYA – Mumias Sugar extended its net losses for the full year ended June 2016 by two per cent to Sh4.73 billion. This was attributed to “an acute shortage of quality cane particularly in the fourth quarter”.

KENYA – Mumias Sugar extended its net losses for the full year ended June 2016 by two per cent to Sh4.73 billion. This was attributed to “an acute shortage of quality cane particularly in the fourth quarter”.