Nigeria’s rice importation dropped by 95% in two years – Minister
NIGERIA – The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, says rice...
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Day: December 11, 2017
Kenya and Mexico ink maize 2018 import deal
KENYA – Kenya has inked a government-to-government deal with Mexico set to see the country...
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Flour Mills formally applies for US$111 million in rights issue
NIGERIA – Flour Mills of Nigeria Plc at the weekend submitted formal application to the...
Read MoreCarrefour seeks regulator nod to lock out rivals in Kenyan malls
KENYA – Carrefour has rattled the market with a new push to lock out competition from prime locations in Nairobi. The retailer, run by franchise holder Majid Al Futtaim Holding, now wants to stop rivals from gaining...
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Innscor Africa’s quarterly revenue down as bird flu hits income
ZIMBABWE – Diversified industrial conglomerate Innscor Africa Limited’s revenue for the...
Read MoreTanzania Breweries reports drop in profits in half year
TANZANIA – Tanzania Breweries Limited (TBL) net profit has declined further in the six months ending September, this year, despite increase in sales and production. TBL said in financial statement that its net profit has...
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