Financials & Economy
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DSM-Firmenich Taste and Health & Nutrition business shows resilience amidst record low vitamin prices
NETHERLANDS – In its latest business report, DSM-Firmenich’s Taste and Texture and Health (TTH) segment reported a 5% decline in organic sales in Q3. Enzymes,…
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Nigeria’s Honeywell Flour Mills sustains 52% loss on lower sales, higher costs in H1-2023
NIGERIA – Honeywell Flour Mills Plc, one of Nigeria’s leading flour mills and a subsidiary of the Flour Mills of Nigeria has sustained a loss…
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Ardent Mills saw flat net sales in the first quarter of fiscal year 2024
USA – Ardent Mills, one of the largest milling companies in the United States recorded flat net sales in the first quarter of fiscal year…
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Kenya’s rice imports climbed nearly 120% in the first half of 2023
KENYA – Data by Kenya National Bureau of Statistics (KNBS) has revealed that rice purchases reached a new record during the first half of 2023 surpassing the…
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Kenya spent nearly US$342M on Russia-Ukraine imports in the first half of 2023-KNBS
KENYA – Data by Kenya National Bureau of Statistics (KNBS) in the recently released official report showed that expenditure on imports from Russia and Ukraine splashed a record-high…