LATEST NEWS
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COSCO ships 17 RTG cranes from China to Namibia’s Port of Walvis Bay
This project marks a significant infrastructure upgrade for Southern Africa, aimed at increasing container throughput and improving regional supply chain efficiency.
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Kenya competition regulator seeks reserve fund in Diageo’s EABL sale
Proposed KES15.5 billion safeguard and refrigeration conditions deepen regulatory standoff over East Africa’s major brewing deal.
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Keurig Dr Pepper sales jump 75.6% to US$7.3B in Q2 2026
KDP’s refreshment beverages and international businesses delivered strong growth, while weaker US coffee performance remained a drag on profitability during the quarter.
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Diageo targets US$1B in savings as North America sales decline, profit outlook weakens
The spirits giant expects operating framework changes and supply chain initiatives to deliver major savings as it navigates weaker demand in key markets.
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ADM raises 2026 earnings guidance as Q2 profit surges
Stronger oilseed crushing margins, favourable US biofuel conditions and improving Nutrition operations drove ADM’s sharp second-quarter earnings increase and higher full-year outlook.