Financials & Economy
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Woolworths registers growth in SA food business steered by 45.4% growth in online sales
SOUTH AFRICA – South African retail giant Woolworths, has reported a marginal rise in turn-over of 1.4% in the full year ended June 2022, to…
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a2milk reaps big from China’s mother-and-baby stores and domestic e-commerce in FY2022
CHINA – Premium branded dairy nutritional company, a2milk Company, has reported strong sales of its infant milk formula in China via both mother-and-baby stores and…
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Bubs Australia sees US as potential market for growth, confident of permanent approval from FDA
US – Infant-nutrition manufacturer Bubs Australia has expressed confidence in profiting more in the US market once approved by the US regulator to supply products…
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Spur Corporation’s sales back at pre-pandemic levels posts 32.5% growth in revenue
SOUTH AFRICA – South Africa headquartered fast–food chain operator, Spur Corporation, has reported 32.5% growth in revenue to R2.4 billion (US$141.3m) in the year ended…
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Low sales volumes impact Oceana Group’s interim earnings registering 11% dip in revenue
SOUTH AFRICA – Africa’s largest fishing company, Oceana Group, experienced a difficult first half with revenue declining by 11% to R3.179 billion (US$189m) and gross…