Financials & Economy
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Flour Mills of Nigeria reports triple digit growth in profit despite economic headwinds
NIGERIA – Flour Mills of Nigeria (FMN) Plc, one of Nigeria’s leading food and agro-allied companies, has achieved impressive top-line and bottom-line growth in the…
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Zimbabwe’s African Distillers Limited reports rise in sales volume triggered by surge in spirits demand
ZIMBABWE – African Distillers Limited, manufacturer, distributor and marketer of branded spirits, ciders and wines in the Zimbabwean market, has reported sales volume growth of…
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Kroger upbeat about 2021 fiscal year following an exceptional first quarter
US – American retail company Kroger has raised its annual forecast for 2021 after an exceptional first quarter that saw the company surpass its own guidance and Wall…
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Zambeef Products registers impressive bottom-line performance driven by poultry, retail division
ZAMBIA – Zambeef Products Plc, the integrated cold chain foods and retail business with operations in Zambia has reported a strong start of the financial…
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Rising demand of fish products boost Oceana Group’s bottom line performance recording 5% jump in profit
SOUTH AFRICA – Africa’s largest fishing company, Oceana Group, has continued its growth trajectory started three years ago, reporting a rise in profit before tax…