South Korea’s biggest company posted an operating income of 9.3 trillion won ($8.3 billion) for the three months ended March. Samsung Electronics Co.’s profit for the first quarter rose 44% …
Manufacturing & Consumer Goods
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AfricaManufacturing & Consumer GoodsNestleWestern Africa
Nestle Nigeria plc to train journalist in Lagos on nutrition and climate
Nestle an FMCG company that specialises in food and drink processing has reaffirmed its commitment to training Journalists in Lagos, especially those on the Nutrition, Climate and Environment beats. The …
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BusinessEastern AfricaManufacturing & Consumer Goods
Kitui Flour Mills eyes EAC market in expansion plan
Kitui Flour Mills is banking on strong distribution capabilities in its next phase of growth as it looks to expand its presence in the East Africa market. The ‘Unga wa …
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BusinessManufacturing & Consumer GoodsSouthern Africa
Exeo Capital buys stake in Wellness Warehouse holding company
Pan-African alternative investment firm, Exeo Capital, has announced an investment into Maia Group through the firm’s food and agribusiness fund, Agri-Vie Fund II. The Maia Group, established by Simon Alston …
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AgricultureManufacturing & Consumer GoodsNestleSouthern AfricaSpotlight
Nestle South Africa says Nescafe Ricoffy beans now 100 per cent responsibly sourced
South Africa’s most loved instant chicory and coffee extract, Nescafe Ricoffy, has announced that it now uses coffee beans that are 100% responsibly sourced. Nestlé is committed to implementing responsible …
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BusinessManufacturing & Consumer GoodsNestle
More than beans: Nestle recycles cocoa fruit waste to replace sugar in chocolate
That ticks several boxes with health- and environmentally-conscious consumers. As confectionery groups scramble to reduce added sugar, chocolate sweetened with cocoa fruit pulp is about to hit supermarket shelves with …
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BusinessManufacturing & Consumer GoodsNewsSouthern AfricaTrending Today
South African Breweries cancels $165 million financial investment after the recent alcohol ban
South African Breweries, part of Anheuser-Busch InBev, has cancelled the sum of 2.5 billion rand ($165 million) of investment earmarked for 2021 following a third local ban on alcohol sales …