Financials & Economy
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Dairibord swings into loss despite 5% rise in revenue, shadowed by rising costs
ZIMBABWE – Dairibord Zimbabwe Limited (DZL), a leading dairy processor in Zimbabwe has reported a 5% rise in full year revenue for the year ended…
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Nigerian Breweries reports 26.9% Q1 revenue jump triggering impressive bottom-line growth
NIGERIA – Nigerian Breweries, subsidiary of Heineken International, has reported a 38.59% year-on-year growth in profit to N7.66 billion (US$18.7m) for the first quarter of…
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AB InBev names new CEO to succeed Carlos Brito, reports 17.2% rise in Q1 revenues
BELGIUM – Michel Doukeris, president of the AB InBev’s North America business, has been unveiled as the CEO designate, to take over from Carlos Brito…
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Endress+Hauser delivers strong performance in 2020 as China overtakes US to become company’s largest single market
SWITZERLAND – Endress+Hauser, a Swiss-based globally operating process and laboratory instrumentation and automation supplier, weathered the 2020 pandemic year well, managing to report sales higher…
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Yum Brands Q1 profits more than triple buoyed by elevated appetite for fast foods
US – Yum Brands, the owner of KFC, Taco Bell, and Pizza Hut, has had its profits more than triple in Q1 as business improved…