Financials & Economy
-
Famous Brands makes new board appointment, expects sharp improvement in headline earnings
SOUTH AFRICA – South African restaurant franchisor, Famous Brands, has announced the appointment of Ms Busisiwe Mathe as an independent Non-executive Director to the Board…
-
Burger King South Africa registers improvement in loss on back of higher turnover
SOUTH AFRICA – Grand Parade Investments (GPI), the master franchise holder for Burger King in South Africa has showcased stellar performance in its full year…
-
PepsiCo raises annual revenue forecast, warns of potential price hikes as supply disruptions persist
USA – American multinational snack and beverage company PepsiCo Inc has raised its full-year revenue as lifting of pandemic-induced restrictions boosted demand for its sodas and…
-
Innscor Africa records 35% rise in full year revenue following impressive volume growth across all business segments
ZIMBABWE – Innscor Africa Limited, an expansive manufacturing and retail conglomerate in Zimbabwe, has registered a 41% decline in full year profit earnings to ZWL…
-
Namibia Breweries in discussion for possible disposal of minority stake in Heineken South Africa to parent company
NAMIBIA – Namibia’s leading beer maker Namibia Breweries Limited (NBL) has received an offer from Heineken NV to acquire its 25% shareholding in Heineken South…