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Financials & Economy
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Kenyan meat exporters face US$7.3M losses as Middle East conflict disrupts trade
Exports halted due to Iran-Israel conflict; hundreds of tonnes of meat stuck in storage.
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Maple Leaf Foods forecasts EBITDA of up to US$394M in 2026 as growth pace slows
Company points to macroeconomic pressures even as it expands its focus on the United States market.
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Dangote Sugar Refinery Plc cuts losses in 2025 as revenue surges to US$432.6M
Dangote Sugar sharply reduced its 2025 losses as revenue climbed, supported by higher prices, improved volumes, and ongoing investments in local sugar production.
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Champion Breweries profit surges 119% to US$1.14M in 2025
Profit was supported by strong sales growth, margin expansion and the strategic acquisition of Bullet beverage brands across African markets.
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Shoprite Holdings reports 7.1% rise in half-year revenue to US$8.5B
Online grocery delivery and continued store expansion contributed to overall growth.