Financials & Economy

Retailer posts deeper losses after revenue drops by more than half

Company reports US$661,923 profit for the quarter

Tea growers decry shrinking bonus payments and regional disparities as oversupply and global demand shifts squeeze Kenya’s tea earnings.

Mauritius’ largest brewer posts revenue growth but profit decline as acquisitions, costs and regional expansion reshape its performance.

Starbucks unveils sweeping restructuring plan, cutting corporate roles and closing unprofitable stores to invest in customer-focused innovations.