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Nigeria: New refinery for Golden Sugar
Golden Sugar Company on Wednesday, 26 January 2011, signed a US$143.3 million, five-year syndicated multi-currency contract to finance the construction of a new sugar refinery complex in Lagos State, Nigeria. 28 Jan 2011 09:41
Unemployment, inflation worries hit consumer confidence
NEW YORK, US: Consumer confidence fell in 25 out of 52 countries in Q4 2010 as hope for a global economic recovery evaporated at the end of last year, according to the latest edition of the Nielsen Global Consumer Confidence Index, which tracks consumer confidence, major concerns and spending intentions among online consumers. 27 Jan 2011 11:00


Craft beers bubble over in popularity
CHICAGO, US: While spirits barely edged out beer as the most popular alcoholic beverage enjoyed by consumers between 2009 and 2010, the market has hardly fallen flat. According to latest research from Mintel, domestic beer is the clear favourite, followed by imported varieties; but 33% of all beer drinkers aged 21 and up are drinking less imported beer because they're drinking more domestic craft beer instead. 5 Jan 2011 10:17
Logistics sector 2030: Africa and Asia to reshuffle the cards?
LONDON, UK: The dynamic economic development of emerging markets will fundamentally change world trade by 2030, leading to the emergence of new logistics service providers to challenge the market share of established companies. 30 Nov 2010 08:26
SABMiller buys Argentine brewer
SABMiller on Wednesday announced its entry into the Argentine market after agreeing to buy CASA Isenbeck from German rival Warsteiner Group for an undisclosed sum. 25 Nov 2010 11:38
Nampak plan to box clever pays off
Nampak announced that for the year ended 30 September 2010, its operating profit increased by 126% following good turnarounds in the paper businesses in South Africa and Europe and the sale or closure of a number of loss-making businesses. 24 Nov 2010 09:51
GM restructures African business, seeking growth
[Michael Bratt] General Motors (GM) has announced a new strategy for African business, which it hopes will allow GM to capitalise on the growing opportunities around the continent. 23 Nov 2010 12:36
Unilever to halve CO2 impact
Unilever has announced plans to halve the environmental footprint of its products by 2020, to help 1 billion people improve their health and well-being and to source all of its agricultural raw materials sustainably. 16 Nov 2010 13:17
IKEA: Eurobest 2010's Advertiser of the Year
HAMBURG, GERMANY: The organisers of Eurobest Festival, honouring advertising creative excellence across Europe, are pleased to announce that this year's recipient of the prestigious Advertiser of the Year Award will be the Swedish home furnishing retail company IKEA. 16 Nov 2010 10:25
SABMiller restarts reporting of Zim ops
Global brewing giant SABMiller Plc said Monday (18 October 2010) that it has recommenced reporting the results of its Zimbabwe associate, Delta Corporation with effect from 1 April 2010. The business contributed total beverage volumes in the six months to September 2010 of 1.0 million hectolitres, including lager volumes of 0.3 million hectolitres. 25 Oct 2010 10:24
America still the most admired country globally
NEW YORK, US: The United States continues to lead the world in global image, according to GfK Roper Public Affairs & Corporate Communications, a division of GfK Custom Research North America and Simon Anholt, the leading policy advisor. 15 Oct 2010 08:21
International trade delegations flock to SAITEX
JOHANNESBURG, SA: At least 35 countries will be represented by the 337 companies exhibiting at the Southern African International Trade Exhibition (SAITEX) from 25 to 27 July. Many will be there as part of trade delegations from participating nations or regions. Under the auspices of embassies and trade federations, exhibitors will present a rich variety of products reflecting key exports of these countries. 21 Jul 2010 12:26
Counterfeits on Zim's market
[Dumisani Ndlela] Zimbabwe's manufacturers are grappling with a surge in counterfeit consumer products on the retail market, ranging from food items to farming inputs. 22 Feb 2010 06:39
'Factory jobs could shift to Africa'
[Jocelyn Newmarch] The global recession could end only in 2012, but Africa could take advantage of a likely shift in manufacturing jobs to the continent. 12 Jan 2010 13:25
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