LATEST NEWS
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India’s largest wine producer Sula Vineyards launches US$116m IPO
INDIA – Sula Vineyards Ltd, India’s largest winemaker, has set the price band for its initial public offering (IPO) at Rs 340-357 (US$4.13- 4.37) a…
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PepsiCo plans for job cuts in North America Unit ahead of anticipated recession
US – PepsiCo, the maker of Pepsi soda, has joined the growing list of American companies reducing headcount ahead of an anticipated recession, according to…
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Nigeria’s carbonated soft drinks stakeholders cry foul over proposed 20% Ad-valorem Excise Tax
NIGERIA – Stakeholders in the carbonated soft drinks sub-sector of the Manufacturers Association of Nigeria (MAN) have yet again raised alarm about the proposed 20…
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Montego Pet Nutrition consolidates Gauteng operating units into newly build US$1.7m manufacturing hub
SOUTH AFRICA – Montego Pet Nutrition (Montego), Africa’s largest privately owned pet care manufacturer, has completed construction of its purpose-built facility located in Centurion, Gauteng…
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Egypt’s Cairo 3A enters into exclusive distribution agreement with berries exporter Driscoll’s
EGYPT – Driscoll’s International, one of the world’s leading marketer of berries, has entered into a contractual agreement with Egypt’s Cairo 3A Agricultural Company –…