Financials & Economy
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Rwanda based Bralirwa Limited reports 15.4% full-year revenue growth
RWANDA – Bralirwa Limited, the largest brewer and soft beverage company in Rwanda, has reported a 15.4% growth in revenue to Rwf 123.5 billion (US$120m)…
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Oceana Group flags earnings dip in half-year results linked to low sales volumes
SOUTH AFRICA – Fishing giant Oceana Group, which owns Lucky Star and Daybrook Fisheries, expects its earnings to halve for the half-year. The South Africa-based…
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Danone exploring all options for Russia business as global sales rise 7.1%
FRANCE – French multinational food group Danone is exploring all options for its business in Russia following the country’s invasion of its neighbor Ukraine. …
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Price hikes boost Nestlé’s sales in the first three months of the year
SWITZERLAND – Price hikes implemented by Nestle have helped the company post an organic growth of 7.6% and a net sale increase of 5.4% during…
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Spur Corporation earnings up 119% in strong post-lock down trading
SOUTH AFRICA – South Africa headquartered fast–food chain operator, Spur Corporation, has increased headline earnings by 119.4% to R59 million (US$3.93m) in the six months…