May 2023
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Bubs Australia purge CEO, Founder Kristy Carr amid executive reshuffle
AUSTRALIA – Bubs Australia Limited, a global producer of baby food, dairy products, and infant formulas, has expelled its Chief Executive Officer and founder, Kristy…
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Ethiopia seeks self-sufficiency in sugar production
ETHIOPIA – Ethiopia, a landlocked country in the Horn of Africa, has outlined an ambitious plan of increasing sugar production from the current 3.6 million…
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JBS shares decline by 10% after disappointing first quarter performance
USA – The Brazilian food giant, JBS, has reported a more than 10% decline in the company’s shares after it posted a wider-than-expected first-quarter loss…
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Tanzania to revamp ailing Njombe Milk Factory Company
TANZANIA – Tanzanian government has revealed that concerted efforts are being carried out to completely revamp Njombe Milk Factory Company to meet the country’s increasing…
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Two new mills to be installed in Nzoia Sugar Company to boost production
KENYA – Speaking on behalf of the Kenyan Government, National Assembly Speaker Moses Wetang’ula said the government will install a new and modern mill at…