Financials & Economy
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Namibian Breweries reports 14.1% jump in revenue backed by volume growth in South Africa
NAMIBIA – Namibia Breweries Limited’s (NBL), Namibia’s leading beer maker, has reported a 12% rise in overall sales volumes in the year ended June 2022,…
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International Breweries turns to profitability, reports 102% growth in half-year earnings
NIGERIA – International Breweries, Nigerian subsidiary of AB InBev, has printed impressive top and bottom-line performance in the first half of 2022, overturning the losses…
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Fonterra reports 11% revenue growth in full year 2022, records highest payout to farmers
NEW ZEALAND – Multinational dairy cooperative Fonterra has reported an 11% growth in group revenue, to NZD23.4bn (US$13.53bn), for the 2022 financial year, and a…
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Louis Dreyfus net income mounts despite market difficulties
NETHERLANDS — The Louis Dreyfus Co. (LDC) said its segment operating results increased by 56% to US$1.375 billion for the six-month period ended June 30,…
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International Holding Co. eyes minority stake in Colombia’s largest food company Grupo Nutresa
COLOMBIA- International Holding Co., an Abu Dhabi investment company, is seeking to acquire a small equity share in Grupo Nutresa, Colombia’s largest food company. International…