In a bold move to consolidate its dominance in the alcoholic beverages sector, Nigerian Breweries Plc has successfully completed the full acquisition of Distell Wines and Spirits Nigeria Limited, expanding …
Manufacturing
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CBN Reports Sustained Growth in Nigeria’s Economic Activities
The Central Bank of Nigeria (CBN) has reported that Nigeria’s economic activities continued their upward trajectory for the second consecutive month, signalling gradual recovery and renewed optimism among businesses. In …
- Business and EconomyManufacturingManufacturing & Consumer GoodsNigeriaTrending Today
Manufacturers Association of Nigeria (MAN) Hails Diesel VAT Waiver, Questions its Duration
by Joy Vivianby Joy VivianThe Manufacturers Association of Nigeria (MAN) has praised the Federal Government’s recent decision to waive the 7.5 percent Value Added Tax (VAT) on Automotive Gas Oil (AGO), commonly known as …
- BusinessFinance & ServicesManufacturingSouth Africa
SA’s largest sugar producer gets money from IDC to complete it’s milling season
SA’s largest sugar producer, Tongaat Hulett, has received an undisclosed sum from the Industrial Development Corporation (IDC) to help it complete its milling season and do maintenance. Tongaat was place …
- Banking, Finance & InvestmentBusinessEconomyManufacturingNigeria
Nigeria manufacturing activity increases in November
Nigeria’s purchasing manager index (PMI), which assesses the overall health of the manufacturing sector including the direction it is headed, saw further improvement in November as demand for goods swelled and …
- EnergyInformation & TechnologyManufacturingSouth AfricaTelecommunications
Reunert witnesses R844 million increase in revenue and operating profit
Reunert has released its preliminary annual results, reporting increases in revenue and operating profit of 16% and 17%. It also saw a 10% overall increase in profit. Among Reunert’s interests …
- BusinessEconomyFinance & ServicesManufacturingNigeria
SON seeks industry support to reduce the influx of substandard products
The Director General of Standards Organization of Nigeria (SON), Mallam Farouk Salim, has called for collaboration between stakeholders in industrial and manufacturing business to collaborate with SON to reduce the …
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Morocco Vows to Deliver Low-Cost Green Electricity to industries.
In a bid to offset soaring fossil fuel prices and meet decarbonization targets, Morocco has reiterated its vow to deliver low-cost green electricity to industries. “The government is working on …
- BusinessEconomyManufacturingMoroccoTechnology
Canadian Elcora and gold lion to Start mining manganese in Morocco
Elcora, a Canada-based mining company focused on extracting electric car (EV) batteries metals, announced on Tuesday that it is preparing a ‘comprehensive’ extraction plan for manganese under the “Atlas Fox …
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Honor, Oppo, and Xiaomi launches a flagship handsets taking on Samsung in South Africa
While Samsung is the most dominant smartphone brand in South Africa, companies like Honor, Oppo, and Xiaomi have recently released flagship handsets they hope will help them compete with the …