Financials & Economy
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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…
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Honeywell Flour Mills boasts of 73% rise in full year profit attributed to operational efficiency
NIGERIA – Leading flour milling company in Nigeria, Honeywell Flour Mills Plc has recorded an all-time high revenue of N109.5 billion (US$266.8m) in the year…
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Nampak turns to profitability courtesy of business restructuring move
SOUTH AFRICA – Nampak, Africa’s largest diversified packaging manufacturer, has recorded impressive results in the six months ended March 31, despite the ongoing restrictions on…