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AFRICAN & MIDDLE EAST NEWS
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Phoenix Beverages invests US$15M in new production line in Mauritius
The new line aims to double manufacturing capacity while enhancing sustainability, export potential and technological capabilities.
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Champion Breweries profit surges 119% to US$1.14M in 2025
Profit was supported by strong sales growth, margin expansion and the strategic acquisition of Bullet beverage brands across African markets.
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Shoprite Holdings reports 7.1% rise in half-year revenue to US$8.5B
Online grocery delivery and continued store expansion contributed to overall growth.
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OK Zimbabwe enters corporate rescue after supplier credit withdrawal leaves stores without stock
Supplier credit freeze and mounting debt triggered a nationwide inventory crisis.
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Saudi Arabia bans poultry, egg imports from 40 countries, applies partial restrictions to 16 others
Heat-treated poultry products may still enter the Saudi market if certified by exporting authorities.