Financials & Economy
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South African fast-food restaurants register improvement in sales following steady economic recovery
SOUTH AFRICA – South Africa based fast–food chain operator has reported a marginal growth in its full year restaurant sales by 1%, representing a 67.6%…
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Astral Foods undertakes new executive appointments, introduces new role
SOUTH AFRICA – Astral Foods Limited (Astral), South Africa’s leading integrated poultry producer, has appointed Mr. Gary Arnold, as the Chief Operating Officer (COO) of…
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Dairibord reports 54.5% rise in interim sales volumes triggering jump in revenue to US$11.6m
ZIMBABWE – Zimbabwe’s leading dairy processor, Dairibord Zimbabwe Limited (DZL), has show-cased a stellar performance in the first half year period ended June 2021, reporting…
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High perishables, groceries sales drive Libstar’s half year revenue growth by 8.7%
SOUTH AFRICA – Libstar, one of South Africa’s leading Consumer Packaged Goods (CPG) manufacturers and distributors has reported an 8.7% rise in half year revenue…
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Hormel Foods Q3 sales surge driven by a rebounding foodservice sector
USA – American food company Hormel Foods has seen Q3 sales surge mainly driven by a rebounding foodservice business which delivered a 45% rise in sales when…