Financials & Economy
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Botwana retailer Choppies turns to profitability courtesy of restructuring efforts
BOTSWANA – Botswana based retailer, Choppies Enterprises Limited has gone full circle, bouncing back from a loss in the previous financial year to post a…
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Simbisa Brands showcases stellar performance on back of efficiency strategies, eyes more growth
ZIMBABWE – Simbisa Brands, one of Africa’s leading Quick Service Restaurant group, nearly doubled its full year revenue for the period ended June 2021 to…
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Unga Group benefits from past business dealings increasing its full year profit by 344%
KENYA – Kenya’s leading milling company, Unga Group Plc, has seen its full-year profit for the year ended June 2021 grow by three-fold to Ksh.293.5…
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Fonterra posts US$422m profit after tax, to review Chile, Australian operations inline with strategy to prioritize New Zealand milk
NEW ZEALAND – Farmer owned multinantional dairy cooperative Fonterra has recorded a NZ$599m (US$422m) reported profit after tax for the 2021 financial year, as it…
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Spur Corporation attains profit gain as RocoMamas delivers star performance
SOUTH AFRICA – South Africa based fast–food chain operator, Spur Corporation has reported improved full year performance, a sign of a slow but positive recovery.…