Financials & Economy
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Cadbury Nigeria reports 10% decline in full year revenue while Unilever Nigeria registers 2% top-line growth
NIGERIA – Cadbury Nigeria, subsidiary of snack and confectionery firm Mondelez International has reported a 10% decline in full year revenue for the period ended…
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Innscor Africa reports 45% growth in half year revenue boosted by improved performance across most categories
ZIMBABWE – Innscor Africa Limited, an expansive manufacturing and retail conglomerate in Zimbabwe, has reported 45% growth in half year revenue for the six months…
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Simbisa Brands showcases stellar performance recording triple digit rise in revenue
ZIMBABWE – Simbisa Brands, Zimbabwe’s largest fast-food restaurant operator has reported a 101% rise in the group’s half year revenue for the period ended 31…
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General Mills Q3 profits jump 27% buoyed by elevated at-home food demand
US – American multinational food company General Mills has posted a 27% rise in third-quarter operating profit, as it continues to benefit from elevated at-home…
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Zimbabwe’s National Foods reports 25% rise in volume on back of reduced inflation
ZIMBABWE – National Foods, one of Zimbabwe’s largest food manufacturer has reported a 766% rise in half year revenue to ZWL 12.682 billion (US$35m) in…