AllAfrica News: Manufacturing

[ANGOP] Luanda -- Angola's Industrial Production Index (IPI) recorded a monthly change of 1.36% in June of this year, representing a 5.90% decrease compared to May, according to the National Institute of Statistics (INE).

[Daily Trust] BlackHorse Holding Company Limited has launched its 400 metric ton (MT) rice mill, under the trade name Crescent Rice Limited, alongside Aminchi Bags Limited, a 240 MT sack manufacturing plant in Kano.

[This Day] The President of Lagos Chamber of Commerce and Industry (LCCI), Mr. Leye Kupoluyi, has cried out also that manufacturers, particularly Small and Medium-sized Enterprises, (SMEs) are facing excessive regulatory burdens arising from multiple registration requirements for products with identical formulations but different packaging sizes.

[This Day] Shareholders of Fidson Healthcare Plc have approved a dividend of N1.50 per 50 kobo ordinary share, amounting to N3.6 billion, at the company's 27th Annual General Meeting held virtually.

[Vanguard] Nigeria's manufacturing sector may struggle to sustain a recovery unless persistent cost pressures are addressed, analysts have warned, despite tentative signs that business activity is beginning to stabilise.