SOUTH AFRICA - Despite the fact that the labour environment has been relatively stable in the last quarter of 2015, it still has the potential to negatively impact the manufacturing sector's attempts to be sustainable, according to Philippa Rodseth, executive director of the Manufacturing Circle.
ZIMBABWE - Zimbabwe's largest cigarette manufacturer British American Tobacco (BAT) grew its net profit by 15 percent to $15,5 million in the full year to December 2015 from $13,4 million registered in the previous corresponding period in 2014.
KENYA - The boom in shopping mall construction and higher incomes have made Kenya’s retail sector the second most formalised in Africa.
KENYA - Atlas Development & Support Services (ADSS) is set to raise $5 million (Sh505 million) by selling new shares to investors.
ETHIOPIA - Habesha Cement declared October 2016 the month for trial production at the Fourth General Assembly on February 6, 2016.
EGYPT - Qalaa Holdings announced that its subsidiary MENA Glass Ltd. has reached its financial close on the sale of the entirety of its stake in Misr Glass Manufacturing Company (MGM) and the entirety of its stake in United Glass Company (UGC) to Middle East Glass Manufacturing Company, at a combined equity value for 100% of both MGM and UGC of EGP 828m.
KENYA - Coffee chain Java has won a protracted court case against Ugandan firm Mandela Auto Spares for the use of its trade name in the neighbouring country.
NIGERIA - The Nigerian Ball-Point Pen Industries (NIPEN), manufacturers of BiC pens, Premium pens, BiC shavers and other plastic products has said it was able to grow its assets by 15.9% through additional investment of N186 million in property, plants and machinery.
NIGERIA - The Standards Organisation of Nigeria (SON) Tuesday raised the alarm over an acute upsurge of the volume of defective iron and steel products in the market.