Financials & Economy
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Spur flags doubling of earnings as Covid-19 recovery continues, Massmart expects huge loss
SOUTH AFRICA – South Africa headquartered fast–food chain operator, Spur Corporation, continues to see a steady recovery from Covid-19 restrictions at its restaurants and expects…
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Endress+Hauser bounces back from pandemic downturn to report sales of US$3.8bn
SWITZERLAND – Swiss-based process and laboratory instrumentation and automation supplier Endress+Hauser is confident about moving past the coronavirus pandemic behind economically after recording strong growth…
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Kraft Heinz triumphs in 2021 despite suffering losses in quarter four
USA – American multinational food company, The Kraft Heinz Co., rose above fourth quarter challenges to record an impressive 184% surge in fiscal 2021 when…
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Civil unrest, Industrial action bite Tiger Brand’s earning, registering 1% decline in revenue
SOUTH AFRICA – Tiger Brands, South Africa’s biggest food manufacturer has reported its revenue for the quarter ended 31 December 2021 was down 1%, driven…
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Kerry’s revenues hit US$8.4B mark driven by elevated demand for taste & nutrition solutions
IRELAND – Kerry Group, one of the leading taste and nutrition companies in the world, has reported strong single-digit volume and value sales growth for…