Market News
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Food Giant, Willowton Group to Set Up U.S.$40 Million Plant in Africa
Posted on :Monday , 4th January 2016
South African company Willowton Group will spend at least $40 million to set up an integrated fast consumer goods plant in Mutare. The group manufacturers a wide range of products which include edible oils, margarines and spreads, toiletries, laundry and bathing soaps, candles, chocolates, and baking and industrial fats.
Some of its popular brands on the local marke. . .Uganda: Agro-Forestry to Boost Income, Conservation
Posted on :Thursday , 31st December 2015
Farmers in Buikwe, Mukono, Kalangala and Mpigi districts as well as the outlying Buvuma islands are engaging in agroforestry to boost their agricultural production as well as combating climate change.
The initiative, which is a collaboration between World Wide Fund for Nature (WWF) and National Forestry Authority (NFA), will have many farmers simultaneously conserve. . .Zambia to Export High Value Crops to U.S
Posted on :Monday , 28th December 2015
The Government is considering exporting high value crops to the US under the African Growth Opportunity Act (AGOA).
The country has in the recent past been exporting agriculture products which include groundnuts.Commerce, Trade and Industry Minister Margaret Mwanakatwe said in an interview that, her ministry was working on introducing. . .African Cotton to Be Exported Duty, Quota-Free
Posted on :Monday , 28th December 2015
African countries can now export their cotton to developed countries duty-and quota-free as from January following a global deal sealed in Nairobi at the World Trade Organisation Ministerial Conference.
The ministers agreed on a deal that will allow least developed countries (LDCs) to export more cotton to developed countries.This wil. . .Kenafric\'s Sh1bn Soda Plant Stirs Beverage Market
Posted on :Thursday , 24th December 2015
Sweets maker Kenafric Industries is set to diversify into the production of soda in a move that will intensify competition in the industry that is currently dominated by Coca-Cola and PepsiCo.
Kenafric plans to set up a Sh1 billion factory to manufacture sodas and ready-to-drink juices at its headquarters in Ruaraka, Nairobi, during the second half of next year.Please Select an Option
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