Edible oil producers seek to charge in forex
COOKING oil producers have approached the central bank asking to be allowed to sell some of their products for cash in foreign currency to be able to import raw materials. … Read More
COOKING oil producers have approached the central bank asking to be allowed to sell some of their products for cash in foreign currency to be able to import raw materials. … Read More
STATE owned timber producer and processor, Allied Timbers, anticipates a return to profitability next year, the first time in nearly 10 years. However it must first achieve its target to … Read More
The proposed investor for PG Industries, Dewei Investments says it has received regulatory approvals and will proceed to pay off the building materials manufacturer’s shareholders and creditors this month. The … Read More
BAKERS INN has injected $1 million into this year’s edition of Buy and Win promotion, with the confectionery firm projecting to boost volumes by 15%. The promotion, which is in … Read More
INNSCOR Africa’s bakery unit, Bakers Inn, seeks to increase its market share by 5% to 50% by the end of the year through its 2017 edition of Buy and Win … Read More
NATIONAL Tyre Services Limited (NTSL) will be doubling down products from China, which are at least 50% cheaper than those obtained from their usual suppliers in South Africa. NTSL experienced … Read More
NATIONAL Foods Holdings Ltd (Natfoods) has been negatively affected by the high price offered by the Grain Marketing Board (GMB) for maize, seeing its profit reduced to $13,7 million in … Read More
UNITED Refineries Limited (URL) has expanded its range as a food and grocery products manufacturer, focusing on servicing local, regional as well as international markets, an official has URL chief … Read More
BUILDINGS and associated industries concern, Turnall Holdings Limited’s restructuring of its balance sheet is expected to be completed this year as the group focuses on reversing earnings declines experienced in … Read More
(The Source) – Light manufacturing group, Innscor reported an 11 percent increase in net income to $33,69 million in the full-year to June, from $30,48 million in the prior year … Read More