Investments News

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Over 4,000 Zambeef jobs on the line

ZAMBIAOver 4,000 jobs at Zambeef Product Plc are at stake following the influx of cheap imported beef on the local market which has also negatively affected the growth of local processors, producers and farmers in the country, a senior official has said.

Flour Mills divests from Unicem

NIGERIA – In pursuit of the company’s strategy and focus on the growth of its core food and agro-allied businesses, Flour Mills of Nigeria Plc (FMN) has divested its interest in United Cement Company of Nigeria Limited (Unicem) to its current partner, Nigeria Cement Holding (NCH), a 50 per cent affiliate of Lafarge Africa Plc.