LATEST NEWS
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Tongaat Hulett appoints sugar industry veteran Graham Clark to its board
SOUTH AFRICA – South African sugar producer Tongaat Hulett, has appointed Graham Clark, the former MD of Illovo Sugar as an independent non-executive director of…
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Novelis to invest US$30m in German facility to meet demand for sustainable packaging
GERMANY – US industrial aluminium company, Novelis, has announced a US$30 million investment in its facility in Plettenberg-Ohle, Germany to meet growing demand for sustainable packaging. …
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AB InBev to incur US$1.1B impairment charge following decision to fully exist Russia
BELGIUM – World’s largest beer company AB InBev is facing an imparment charge of US$1.1 billion following its decision to exit its Russian joint venture AB InBev…
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Ghana forges partnership to boost growth of rice, cocoa value chains
GHANA – The government of Ghana has partnered with Japan, and the United Nations Industrial Development Organization (UNIDO), to launch a new project aimed to…
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BGI Ethiopia obtains go ahead from TCCPA to acquire Diageo’s Meta Abo Brewery
ETHIOPIA – BGI Ethiopia, subsidiary of the Castel Group has received the green Light from the Trade Competition and Consumer Protection Authority (TCCPA), to finalize…