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What Kraft Heinz’s write-down means for other consumer brands

What Kraft Heinz’s write-down means for other consumer brands

27/02/2019 - 09:45
Shares of Kraft Heinz slumped 20% after the food company posted a quarterly loss, disclosed a Securities and Exchange Commission (SEC) investigation and wrote down the value of its Kraft and Oscar Mayer brands. read more
Big consumer brands roped into promoting re-usable containers

Big consumer brands roped into promoting re-usable containers

28/01/2019 - 08:17
In the environmentalists’ mantra “reduce, re-use, recycle” almost all of the attention has been paid to recycling. Now some of the world’s biggest consumer brands are trying to shift the focus to the second R, with a programme that provides products in reusable containers that can be returned for a refund. read more
Henkel still recovering after US delivery problems

Henkel still recovering after US delivery problems

28/11/2018 - 09:58
Henkel, owner of consumer brands including Persil detergent and Schwarzkopf shampoo, says it is still working to win back shelf space for its products in the US after being hit by delivery problems early in 2018. read more
Kuseni Dlamini appointed non-executive chairman of Massmart

Kuseni Dlamini appointed non-executive chairman of Massmart

11/04/2014 - 14:40
Johannesburg – Massmart-Walmart today announced that Mr Kuseni Dlamini has been appointed as the independent Non-Executive Chairman of the Board of Massmart. Mr Dlamini takes over from Mark Lamberti with effect from 10 April 2014, who was recently appointed CEO of Imperial Holdings Limited. read more
Regulator approval clears hurdles for pending merger deals, Kenya

Regulator approval clears hurdles for pending merger deals, Kenya

11/02/2014 - 10:23
The Competition Authority of Kenya has given approval for several pending and ongoing acquisitions.  read more
Consumer goods boost Sefalana returns, Botswana. Retail and wholesale

Consumer goods boost Sefalana returns, Botswana. Retail and wholesale

04/02/2014 - 09:14
Sefalana Holding Company Limited has not departed from the trend of impressive results that have been posted by listed companies in the past half year. The Group’s unaudited financial results for the half year ended 31 October 2013 indicate rises in revenue, gross profits, profit before tax and equities. read more
Unilever to stick to emerging markets' growth strategy

Unilever to stick to emerging markets' growth strategy

04/02/2014 - 08:35
Unilever said it would stick to its emerging markets growth strategy, as a fourth-quarter recovery in sales in the region boosted the consumer goods maker’s 2013 results and reassured investors who had been worried about consumer demand there.  read more
Nestlé cuts sales growth target

Nestlé cuts sales growth target

16/08/2013 - 08:16
Nestlé, the world's biggest food group, missed first-half sales forecasts and trimmed its 2013 target on Thursday, after it cut prices in Europe in a bid to lure recession-hit shoppers.  read more
Unilever cautious on emerging markets

Unilever cautious on emerging markets

29/07/2013 - 08:18
London - Unilever has become more cautious about prospects for emerging markets, a big growth driver for the consumer goods company, which reported underlying second-quarter sales growth shy of market expectations. read more
Ghana: Unilever Boss David Mureithi resigns

Ghana: Unilever Boss David Mureithi resigns

05/04/2013 - 09:36
The Managing Director of Unilever Ghana Limited, David Mureithi has resigned. read more
GlaxoSmithKline profits up on lower tax

GlaxoSmithKline profits up on lower tax

26/07/2012 - 09:01
London - British drugmaker GlaxoSmithKline on Wednesday said its second quarter net profit rose 13.3% from a year earlier to £1.21bn. read more
Unilever: consumers don't easily accept less salt

Unilever: consumers don't easily accept less salt

19/06/2012 - 08:26
Most South Africans do not believe tasty food can be made with less salt, and few realise cutting their intake may fend off a heart attack or stroke, according to new research by food giant Unilever. read more
Unilever looks to leading edge with R&D plant

Unilever looks to leading edge with R&D plant

21/05/2012 - 09:00
Unilever plans to create and improve more products from its new research and development (R&D) facility that opened at the Indonsa factory in Durban this week. read more