LATEST NEWS

Rebasing: Nigerian economy now worth N81tn

NIGERIA – The National Bureau of Statistics (NBS) has revised the size of Nigerian economy to about N81.009 trillion following it latest final rebasing of the country’s Gross Domestic Product (GDP), using the Expenditure Approach between 2010-2013.

Alpha Omega gets new equipment

ZIMBABWE – Alpha Omega Dairy expects to increase production of its Munandi Lacto four-fold to two million litres per month from next month following the arrival of new equipment to be commissioned “soon”.

‘Cadbury Nigeria’s brand losing market share’

NIGERIA – Cadbury Nigeria Plc’s flagship brand, Bournvita may be losing its market share to Nestle Nigeria’s Milo, following the uninspiring performance recorded by the former in its half year results for the period ended June 30, 2014, a report has stated.

‘Cadbury Nigeria’s brand losing market share’

NIGERIA – Cadbury Nigeria Plc’s flagship brand, Bournvita may be losing its market share to Nestle Nigeria’s Milo, following the uninspiring performance recorded by the former in its half year results for the period ended June 30, 2014, a report has stated.

United Refineries gets $15m boost

ZIMBABWE – Bulawayo-based fast moving consumer goods company United Refineries Ltd, says capacity utilisation has increased to 65 percent on cooking oils from as low as 30 percent boosted by a $15 million capital injection from a new investor.

United Refineries gets $15m boost

ZIMBABWE – Bulawayo-based fast moving consumer goods company United Refineries Ltd, says capacity utilisation has increased to 65 percent on cooking oils from as low as 30 percent boosted by a $15 million capital injection from a new investor.

Katsande exits Nestle

ZIMBABWE –  Nestle Zimbabwe Limited (Nestle) managing director Kumbirai Katsande is set to step down from the helm of the Swiss multinational local unit at the end of September after a four-year stint.

Katsande exits Nestle

ZIMBABWE –  Nestle Zimbabwe Limited (Nestle) managing director Kumbirai Katsande is set to step down from the helm of the Swiss multinational local unit at the end of September after a four-year stint.

KFC to open more branches

ZIMBABWE – International fast-food retail giant KFC is planning to open more branches in Zimbabwe, in a development that will result in employment creation in the country.

KFC to open more branches

ZIMBABWE – International fast-food retail giant KFC is planning to open more branches in Zimbabwe, in a development that will result in employment creation in the country.