AFRICAN & MIDDLE EAST NEWS
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South Africa’s newly launched herbal tea brand Bospresso gains Rainforest Alliance certification
SOUTH AFRICA – South African beverage firm, BOS Brands, has launched a Rooibos espresso dubbed Bospresso. Rooibos also known as bush tea or red tea,…
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Confectionery giant Kenafric sweetens its gum portfolio with launch of activated charcoal chewing gum
KENYA – Eastern Africa’s leading confectionery manufacturer, Kenafric Industries, has straightened its innovation antennas and launched Africa’s first activated charcoal chewing gum. The product dubbed…
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Distell to register triple digit profit growth supported by improved performance across all markets
SOUTH AFRICA – Despite repeated bans on alcohol sales at his home market, Distell is expecting strong profit growth for the year to end-June. The…
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Uganda securities exchange suspends Uchumi Supermarket’s trading on the bourse
UGANDA – Cash-strapped Kenyan headquartered retailer, Uchumi Supermarket, has been suspended from trading it shares on Uganda Stock Exchange’s main investment market segment and the…
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Kenya’s leading meat processing company QMP Group set for growth following Tana Africa Capital’s investment
KENYA – Mauritius based holding company, Africa Protein Holdings Limited, owners of Quality Meat Packers Ltd and Anirita Poultry Farm Plc, have received backing from…