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Tuesday, September 26, 2023
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Tag: Financials

JBS denotes another quarterly loss as CEO gives promising prospects

August 16, 2023August 17, 2023

USA – JBS, one of the world’s leading meat processing companies, has booked a loss in the year’s second quarter…

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Financials & Economy LATEST NEWS Meat, Poultry & Fish WORLD NEWS 

Ingredion’s ability to adjust production to meet shifting consumer demand pays off handsomely in Q2

August 15, 2023August 15, 2023

USA – Ingredion, an American food and beverage ingredient provider, has recorded robust profit growth from its operations in the…

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Financials & Economy LATEST NEWS Supplier News & Innovations WORLD NEWS 

Nestlé raises organic sales outlook with strong second quarter results

August 1, 2023August 3, 2023

SWITZERLAND – Nestle, Swiss multinational food and drink processor and the world’s largest food company by revenue, has posted organic…

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Beverages Dairy & Infant Foods Financials & Economy LATEST NEWS Meat, Poultry & Fish WORLD NEWS 

Atlas Copco triumps low order intake to report double digit revenue growth 

July 20, 2023July 20, 2023

SWEDEN – Global supplier of compressors, vacuum solutions and air treatment systems, construction equipment, power tools and assembly systems Atlas…

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LATEST NEWS Supplier News & Innovations WORLD NEWS 

Almarai records 7% rise in profit on higher sales

July 19, 2023July 19, 2023

SAUDI ARABIA – One of the Middle East’s largest dairy companies, Almarai has reported a 7% rise in the second…

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Dairy & Infant Foods Financials & Economy LATEST NEWS WORLD NEWS 

Liberia fisheries sector contributes 12% to GDP

July 18, 2023July 20, 2023

LIBERIA – Liberia’s fisheries sector is now contributing approximately 12% of the country’s  Gross Domestic Product (GDP)  that comes from…

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AFRICAN NEWS Agriculture & Agribusiness Financials & Economy LATEST NEWS Meat, Poultry & Fish 

Dairibord reports 28.5 million litres of utilised raw milk, records 40% increase in revenue

July 6, 2023July 6, 2023

ZIMBABWE – Zimbabwean dairy processing giant, Dairibord Zimbabwe Limited (DZL) has reported a total of 28.5 million litres of utilised…

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AFRICAN NEWS Dairy & Infant Foods Financials & Economy LATEST NEWS 

RCL Foods warns against another profit slump

July 6, 2023July 6, 2023

SOUTH AFRICA –  RCL Foods Ltd, a South African food processor and milling company, has issued another profit slump warning…

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AFRICAN NEWS Financials & Economy LATEST NEWS Meat, Poultry & Fish 

MeatCo reports 86% meat production increment

June 27, 2023June 27, 2023

NAMIBIA – The Namibian Meat Corporation, MeatCo has recorded a 86% increase by slaughtering 16,200 cattle in the first quarter…

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AFRICAN NEWS Financials & Economy LATEST NEWS Meat, Poultry & Fish 

Uganda sets 25% tariff on imported refined sugar

June 13, 2023June 13, 2023

UGANDA – Uganda Revenue Authority (URA) has announced a new 25% tariff set on imported refined sugars amid the abuse…

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AFRICAN NEWS Beverages Financials & Economy LATEST NEWS Sugar & Confectionery 

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Africa Dairy & Drink Summit & Expo – November 23-24, 2023 – Dar es Salaam, Tanzania

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AFMASS Nigeria Food Expo – November 2024 – Lagos, Nigeria

 

MOST RECENT POSTS

  • The Wine Group promotes Mike Donich to COO in fresh round of executive appointments
  • Fonterra reports impressive FY23 results with US$952M profit, strong dividend
  • JBS initiates US$62M investment in cell-based meat R&D centre to boost efficiency, competitiveness
  • Dairy Farmers in Nakuru County to benefit from feeds conservation training
  • Cage aquaculture thrives in Africa despite risks

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Afmass, Eastern Africa’s Most Influential Food Industry Trade Show is back

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