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House of Reps to hold sectoral debate on Ajaokuta Steel Company on Thursday
The House of Representatives will on Thursday, resume its sectoral debates, with special focus on the steel sector, and specifically, on how to revive...
Manufacturing
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Heinken cheers rising profits in 2017
Dutch brewing giant Heineken said Monday that profits jumped by a quarter in 2017, thanks to higher sales of its premium brand beer across nearly all ...
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Global Tea beats Unilever in beverage volumes bought at auction 2017
Global Tea & Commodities, makers of Kericho Gold and Baraka Chai, was the largest buyer of the beverage at the Mombasa auction in 2017—ending mult...
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British American Tobacco wins first round of tax battle over Uganda exports
Cigarette maker British American Tobacco has won the first round in what promises to be a bruising tax battle against the Ugandan government. The Eas...
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Opel to commence exportation of cars to Tunisia, Morocco from Europe
PSA Group’s Opel plans to start exporting cars to Tunisia and Morocco from its European plants, its chief executive told German daily Frankfurter Allg...
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Why we can’t establish a plant in Nigeria – Samsung
Samsung Electronics says one of the reasons for not establishing a manufacturing plant in Nigeria is because its market share in the country is not bi...
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Volkswagen plant in Kigali to open in June
Rwanda’s hopes of having its first vehicle assembling plant will be boosted when German carmaker Volkswagen opens its plant in Kigali by June this yea...
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Aliko Dangote set to open $41 million cement factory in Liberia
Billionaire industrialist Aliko Dangote has expanded his empire to Liberia, as Dangote Cement Liberia Limited has signed an agreement with the country...
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Local soft drink maker Zebym Trading to start smoked water in Ethiopia
Zebym Trading is set to introduce its new soft drink products by January 11, 2018. The company that set up its 200-million-birr production plant in th...
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BUA Group at war with Edo state government over arrest of staff, mine seal
Cement firm, BUA Group, has accused Edo State Governor, Godwin Obaseki, of shutting it out of operation in one of its mining sites in the state. A sta...