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AFRICAN & MIDDLE EAST NEWS
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Shoprite soars above COVID-19 hiccups reporting 4.7% rise in half year sales, banking on home market
SOUTH AFRICA – South African retailer Shoprite has eased Africa push to focus on domestic market gains with the supermarket chain owner revealing that it…
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Malawi’s agriculture sector prevailed COVID-19 headwinds registering 6.6% growth
MALAWI – The agriculture sector of Malawi has reported a 6.6% jump in the fourth quarter of 2020, a rise from 4.3% achieved in 2019.…
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Zimbabwean grain millers to invest US$8 million towards breakfast category in anticipation of bumper harvest
ZIMBABWE – In anticipation of a bumper grain harvest in the 2020/21 season, Zimbabwean millers are seeking to pump US$8 million towards the breakfast category.…
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Rwandan agribusiness ventures to receive backing from FAO, JR Farms through Green Agribusiness Fund
RWANDA – The Food and Agriculture Organization of the United Nations (FAO) in Rwanda has signed an agreement with JR Farms Limited to promote youth…
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COVID-19 pandemic takes big bite on Namibia Breweries earnings reporting 18% decline in half-year revenue
NAMIBIA – Namibia Breweries Limited’s (NBL), subsidiary of the Ohlthaver & List (O&L) Group has reported a 18% decline in half year revenue for the…