India, the world's biggest sugar consumer, raised the import duty on the sweetener to 25 percent from 15 percent as part of efforts to help regional mills struggling with lower prices and higher stocks.
In the escalating dispute between Russia and the West over Ukraine, a group of businessmen with Kremlin connections are emerging as likely beneficiaries of the tit-for-tat sanctions.
During last week’s PMA Fresh Connections Southern Africa, Joburg market, was presented to the audience attending Woman’s Fresh Perspectives Breakfast, they also sponsored the breakfast.
China Resources Enterprise Ltd. forecast a “significant” profit decline in 2014 after posting earnings that missed estimates on China’s weaker economy and austerity campaign as well as loss-making Tesco Plc stores.
Ahold, the Dutch owner of US Stop & Shop stores, reported second-quarter earnings that missed estimates as accelerated store openings by rivals contributed to a loss of market share in the US.
Nakumatt Holdings Ltd., East Africa’s biggest retail chain by outlets, plans to start trading on the Kenyan stock exchange within five years and cross-list in the region, Managing Director Atul Shah said.
The Ugandan government is in talks with China to boost agricultural production in the East African country, Uganda's minister of agriculture Tress Buchanayandi said Thursday.
Russia said on Thursday it was investigating dozens of McDonald's (MCD.N) restaurants, in what many businessmen said was retaliation for Western sanctions over Ukraine they fear could spread to other symbols of Western capitalism.
A "significant" amount of produce out at sea needs to be returned to its original senders after Russia imposed a ban on food imports from Western countries, a unit of A.P. Moller-Maersk said in a regular newsletter to shippers.
Glanbia has seen its Total Group revenue for the first half of the year rise 10.7% on a constant currency basis to €1.8 billion, according to interim results issued this morning.
Wesfarmers Ltd, Asia’s largest listed retailer, said it would pay shareholders A$1.1 billion in cash as a measure of sales at its Bunnings hardware chain rose at the fastest pace in more than four years.
Belarus, aiming to boost food exports to neighbouring Russia, has cancelled a ban on live cattle from the European Union, Yuri Pivovarchuk, the head of veterinary surveillance at Belarussian agriculture ministry, said.
Indonesia and Japan are in talks to resume poultry shipments from the Southeast Asian nation after a 10-year stoppage, an Indonesian government minister said on Wednesday
Russia's government has eased some self-imposed bans on Western food, allowing imports of material that could be used to boost its own agricultural industry and softening the costs on some firms in neighbour Finland.
For over two years the investors from Saint-Petersburg and China have been working together on greenhouse cultivation of vegetables on the premises of LLC Berezeyevo-2, in a Georgian village.
