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AFRICAN & MIDDLE EAST NEWS
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African air cargo growth slows to 1.1% in July as Africa-Asia trade weakens
The figures highlight how exposed African air cargo is to shifts along major global trade corridors
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Woolworths Holdings reports 5.3% earnings growth as food business drives performance
Woolworths Food delivered strong growth and market share gains, prompting the retailer to refocus its broader lifestyle strategy around the premium grocery business.
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Shoprite reports 12.2% earnings growth, acquires Vida e Caffè
The retailer’s latest results show stronger sales and earnings, while its Vida e Caffè acquisition expands its presence in South Africa’s coffee and convenience market.
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Nacada arrests 11 in Nairobi crackdown on counterfeit, unsafe alcohol
The multi-agency operation uncovered counterfeit excise stamps, expired beverages and uncoded alcoholic products across eight Nairobi sub-counties.
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Mwani Qatar ports record 168% bulk cargo surge in August
These statistics collectively illustrate rapid expansion and heightened productivity across the nation’s port infrastructure.