Tropical Heat, a leading Kenyan spices and snacks manufacturer, has introduced a new look of its Spice Family range of herbs and spices, featuring a new environmentally friendly packaging. According to Tropical Heat, the new look “showcases a fresh ‘face’ for the brand while preserving its hallmark traits of authenticity, quality, and consistency.” A major […]
WOOLWORTHS FOODS! Sam Ngumeni succeeds Zyda Rylands as CEO
In a significant development within the Woolworths Group, Zyda Rylands, the longstanding CEO of Woolworths Foods, is set to retire at the close of August. Rylands will be marking the end of a remarkable 29-year tenure with the company, leaving behind a legacy of growth and innovation. Having joined Woolworths South Africa in 1996, Rylands […]
Global chocolate prices affected as two major African cocoa producers face financial crises
In a dire turn of events for the global cocoa industry, major cocoa processing plants in Ivory Coast and Ghana have halted or reduced operations due to financial constraints in acquiring cocoa beans, potentially catapulting chocolate prices worldwide to unprecedented heights. This revelation comes amidst a backdrop of successive years of diminished cocoa harvests in […]
2024! Nile Breweries takes home ‘Employer of the Year’ quill
Nile Breweries Ltd (NBL) has been recognized with the silver award in the prestigious 2023/24 Employer of the Year (EYA) Awards organized by the Federation of Uganda Employers (FUE). This accolade underscores NBL’s dedication to fostering a supportive and empowering workplace environment. The awards, themed “Employer competitiveness post-Covid,” aimed to evaluate employer competitiveness post-pandemic across […]
NEW SHERIFF IN TOWN! Daybreak Farms embarks on governance transformation journey
Daybreak Farms a South African integrated poultry business is embarking on a governance transformation journey under the stewardship of its new CEO, Mr. Richard Manzini. Expecting to finalize its entire C-Suite team by April 1, 2024, the company announces the introduction of a performance-oriented culture focused on improving operational efficiency and financial revitalization. In addition, […]
Lagos Government Offers 25% Discount on Food Items to Alleviate Food Scarcity
In response to the pressing issue of food scarcity, the Lagos State Government (LASG) has announced a strategic initiative to provide a 25% discount on basic food items at designated locations across all local government areas in the state. To ensure accessibility for citizens, the subsidized food items will be available every Sunday, starting from […]
Abuja Trader: I Lost Trailer Load Of Food Items To Hoodlums
More facts emerged over the Sunday looting of a private warehouse in the Karmo community of the Federal Capital Territory (FCT). The media were awash with the report of hoodlums in their numbers attacked a government warehouse in Gwagwa town, as well a private one, owned by a trader in neighbouring Karmo town, all located […]
Nigeria must battle food insecurity as priority — IMF
The International Monetary Fund, IMF, yesterday asked the Federal Government to pay immediate attention to food insecurity in the country. The IMF’s position came on a day governors said Nigeria must go into production if it must get the people out of the current hardship. At the 16th Edition of the Leadership Annual Conference and […]
Cameroonian cocoa prices hit record high amid global shortage
In a historic achievement for Cameroon’s cocoa market, producer prices per kilogram surged to an unprecedented CFA4,225 (US$7.04) during a collective cocoa sale on March 5, 2024, in the key cocoa-producing area of Abong-Mbang, Eastern Cameroon. This record-breaking rate is now recognized as the highest both nationally and globally. Cameroon’s Minister of Trade, Luc Magloire […]
ICYMI! Enugu seals ShopRite over tax evasion
The Enugu State Internal Revenue Service has sealed Enugu ShopRite and SPAR over non-remittances of purchase tax in their malls to the government. In a statement issued by the service on Tuesday morning after the enforcement drive, accused the malls and stores affected of refusing to remit withholding purchase taxes despite being served several warning […]