Financials & Economy
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Famous Brands posts 31% sales rise in Africa region in FY22
SOUTH AFRICA – Famous Brands, Africa’s leading branded food services franchisor, has reported a 31% system-wide sales increase in its African operations, for the year…
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Unilever Ghana bullish on future after managing to turn a profit in 2022
GHANA – Unilever Ghana, one of Ghana’s largest consumer goods companies, has announced its plans to get back on track as it strengthens its commitment…
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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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Uganda’s dairy sector eyes to become country’s largest revenue earner
UGANDA – Uganda’s largest dairy producer, Pearl Dairy, has urged stakeholders in the milk value chain to invest rightly in the sector to realise its…
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Tanzania imports 52,000 tonnes of pork annually, new data from Tapifa shows
TANZANIA – The Tanzanian Association of Pig Farmers (Tapifa), has released data that show Tanzania heavily depends on pork imports to meet the demand of…