Financials & Economy
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South Africa based RFG Holdings reports 21% revenue growth despite piling costs
SOUTH AFRICA – South Africa’s leading producer of fresh, frozen and long-life convenience meal solutions, RFG Holdings, has delivered strong revenue growth of 20.9% to…
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Zomato positive about growth despite losses tripling to US$46m in Q4
INDIA – India’s largest food delivery, dining and restaurant discovery service Zomato has expressed confidence in its growth trajectory despite its fourth-quarter losses becoming three…
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Elopak upgrades net zero targets as quarterly revenues surpass US$252m mark
NORWAY – Elopak, a leading global supplier of carton packaging and filling equipment, has updated its near and long-term, company-wide emission reduction targets as part…
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Zimbabwe’s largest dairy processor Dairibord records 55% growth in top-line performance
ZIMBABWE – Zimbabwe’s leading milk processor, Dairibord Holdings, has recorded a 48% jump in sales volumes, the highest in five years. The jump to 94.2…
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Astral Foods expects to more than double its interim headline earnings
SOUTH AFRICA – Astral Foods Limited, South Africa’s leading integrated poultry producer, expects its earnings a share for the six months ended March 31, to…