Campbell Soup reports double digit growth in Q3 net to US$2.24bn
USA – Campbell Soup’s net sales during the third quarter of fiscal year 2020 increased…
Financials & Economy
Nigerian palm oil processing firm Presco reports 15% decline in Q1 profit
NIGERIA – The Nigerian Stock Exchange listed palm oil processing firm, Presco Plc has reported…
UAE and KSA food & beverage market to surpass US$80bn in 2020
UAE – The United Arab Emirates (UAE) as well as the Kingdom of Saudi Arabia…
Financial market infrastructure group admits Flour Mills’ US$77.5m commercial papers
NIGERIA – FMDQ, Africa’s first vertically integrated financial market infrastructure group, through its subsidiary FMDQ Securities…
Delta Corporation reports 480% rise in revenue despite significant economic constrains
ZAMBIA – Delta Corporation Limited, leading manufacturer and marketer of both international and locally produced beverages…
Famous Brands unveils road map to sustain improved performance
SOUTH AFRICA – South African restaurant franchisor, Famous Brands has rolled out a three-year strategic…
Nampak registers 17% decline in half year revenue to US$372.4m
SOUTH AFRICA – Africa’s largest packaging manufacturer, Nampak, has reported a drop in revenue by 17%…
Swedish agribusiness coop secures funds to expand operations in Ukraine
UKRAINE – Lantmännen Axa, a leading producer of breakfast cereals in Ukraine that is owned…
Kenyan tea exports dip by 6% in the first quarter affected by the Covid-19 pandemic
KENYA – Kenyan Tea exports in the first quarter of the year 2020 fell by…
Illovo Sugar Malawi earnings decline by 75% affected by country’s ailing sugar industry
MALAWI – Illovo Sugar Malawi, the Malawian subsidiary of pan-African sugarcane grower and sugar producer has…