AFRICAN & MIDDLE EAST NEWS
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Flour Mills of Nigeria showcases amazing top line performance in first quarter as it remains profitable
NIGERIA – Flour Mills of Nigeria (FMN) Plc, one of Nigeria’s leading food and agro-allied companies, has started the year with a bang announcing a…
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High volumes sales sweeten Dangote Sugar Refinery’s half year revenue rising by 27.8%
NIGERIA – One of Nigeria’s leading sugar processors, Dangote Sugar Refinery, has recorded a double-digit growth in its half-year revenue for the period ended June…
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Retailer OK Zimbabwe registers 49% growth in revenue driven by rise in volume sales
ZIMBABWE – Zimbabwe’s largest retail group, OK Zimbabwe has reported a 49% surge in revenue in the first quarter of its current financial year to…
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Nampak’s nine months revenue soar by 24% promising profitable full year outcome
SOUTH AFRICA – Africa’s largest diversified packaging manufacturer, Nampak, continues to register bullish performance reporting nearly a quarter rise in revenue in the nine-month period…
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EABL cements its ownership in Serengeti Breweries with acquisition of additional 30% stake
TANZANIA – East African Breweries Limited, majority owned by British multinational alcoholic beverage company Diageo, has expanded its ownership in its Tanzanian subsidiary, Serengeti Breweries…