Cement sales boost ARM’s profit by 8pc to Sh1.25bn
ARM Cement Limited registered an eight per cent rise in net profits in the year 2012 as it recorded a growth in cement sales in Kenya, Rwanda and Tanzania.
Tata group aims to grow Africa business 30% every year
Tata group, which gets 2.3% of its revenue from Africa, aims to grow its business in the continent by 30% a year by increasing its presence in automotive, mining, infrastructure and hospitality sectors, a company official told reporters on Monday.
Procter & Gamble eyes SA as its African markets hub
SOUTH Africa is at the heart of Procter & Gamble’s (P&G’s) plans for expansion in Africa, Dimitri Panayotopoulos, the company’s vice-chairman in charge of global business units, said on Friday.
The global consumer goods group said it would invest about R1.6bn to build a multicategory manufacturing plant
Africa’s share of GMO crops rises
For the first time since the introduction of biotech crops almost two decades ago, developing countries have grown more hectares of the crops than industrialised countries, contributing to food security and further alleviating poverty.
