Financials & Economy
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Libstar attains 7% full year revenue growth as it shifts focus to food category
SOUTH AFRICA – Libstar, one of South Africa’s leading Consumer Packaged Goods (CPG) manufacturers and distributors, has reported a 8.7% growth in revenue the full…
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Famous Brands show cases resilient performance amid trade disruptions
SOUTH AFRICA – JSE-listed food services franchiser Famous Brands, has reported strong sales and revenue performance for the year, despite facing challenges. According to the…
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Afdis registers 52% growth in nine-months revenue propelled by sales volume jump
ZIMBABWE – African Distillers Limited (Afdis), manufacture, distributor and marketer of branded wines, ciders and spirits in Zimbabwe, has reported a 57% growth in revenue…
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Campbell Soup sales drop in Q2 amid significant labour and supply constraints
USA – Labour and supply chain constraints impacted Campbell Soup’s second-quarter performance leading to the American processed food and snack company to results that were…
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Favourable prices could not salvage Oceana’s earnings as it reports 12.5% decline in HEPS
SOUTH AFRICA – Oceana Group, one of Africa’s largest fishing groups, has reported an 8.1% decline in revenue for the year ended 30 September 2021…