The Pasta community of Zimbabwe

IMF forecasts 'solid growth' for Africa

Wed, 17 Apr 2013 09:47:00 +0200

Economies in sub-Saharan Africa will ride out the bumpy global recovery in the next few years to post growth rates not seen outside Asia, the IMF said in its latest economic forecasts Tuesday (16 April).
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Spurred by 35.3% earnings growth

Mon, 11 Mar 2013 06:59:00 +0200

Franchise restaurant group Spur Corporation last week reported diluted headline earnings per share of 89.91c for the six months ended December‚ up 35.3% from the previous period.
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Nampak optimistic over Africa growth

Mon, 25 Feb 2013 10:12:00 +0200

Packaging conglomerate Nampak's share price has stuck fairly close to its 12-month high in spite of increasing evidence of tempered consumer demand for fast-moving consumer goods.
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SABMiller taking Chibuku beer to rest of Africa

Thu, 11 Oct 2012 10:35:00 +0200

SABMiller has taken its traditional African beer brand‚ Chibuku - which is manufactured using either maize or sorghum - into ten other continental countries‚ a move the company says is motivated by its "affordability" and "product innovation" strategies.
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Zimbabwe ban hits Country Bird exports

Fri, 28 Jan 2011 09:17:00 +0200

Country Bird Holdings had lost sales of 600 tons of chickens a month to Zimbabwe as a result of the reworked chicken controversy that broke out last month, financial director Robbie Taylor said yesterday (26 January 2011).
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The Banker names Standard Bank best in Africa

Wed, 08 Dec 2010 09:28:00 +0200

The Banker, a global banking and finance industry journal, has named Standard Bank 2010's Best Bank in Africa and best bank in South Africa, Lesotho, Malawi, Uganda and Zimbabwe.
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GM restructures African business, seeking growth

Tue, 23 Nov 2010 12:36:00 +0200

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.
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SABMiller restarts reporting of Zim ops

Mon, 25 Oct 2010 10:24:00 +0200

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.
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McDonald's to open restaurants in Zimbabwe

Mon, 16 Aug 2010 09:20:00 +0200

US-based fast food giant McDonald's has cast its sights on Zimbabwe, 11 years after its initial plan to start restaurants in the country failed due to an unprecedented economic and political crisis.
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Coca-Cola enters Zimbabwe's energy drink market

Fri, 06 Aug 2010 08:14:00 +0200

The Coca-Cola Company has entered Zimbabwe's energy drinks market in a demonstration of renewed interest in a country that had become a pariah to international investors due to an unprecedented economic crisis.
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