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FRANCE – Romy Castel has been removed from three additional directorships within Castel Group’s African beverage businesses, deepening a dispute over the company’s governance and leadership.
Shareholders of Brasseries Internationales Holding Ltd (BIH), BIH Angola and Brasseries et Glacières Internationales (BGI) voted to remove her from their board...
INDIA – Tilaknagar Industries Limited has reported adjusted net revenue of Rs 2,059 crore (US$21.92M) for the first half of fiscal 2027, an increase of 180 per cent year-on-year, supported by the integration of Imperial Blue and growth in secondary sales.
Revenue exceeded Rs 1,000 crore (US$10.65M) for a second consecutive quarter. During Q2 FY27, ...
USA – Monster Beverage Corporation reported a 16.7 per cent increase in third-quarter 2026 net sales to US$2.56 billion, supported by growth in its energy drinks business and stronger international performance.
Net income rose 8.4 per cent to US$568.4 million, equivalent to US$0.29 per diluted share. Operating income increased 6.4 per cent to US$71...
GHANA – Ghana is targeting domestic processing of at least 50% of its annual cocoa production as the government steps up efforts to increase agricultural value addition and reduce reliance on raw commodity exports.
Trade, Agribusiness and Industry Minister Elizabeth Ofosu-Adjare said the strategy was aimed at retaining more economic value from coco...
KENYA – Kipchimchim Group has unveiled the Sangalo Green Tea Factory in Nandi County, Kenya, a facility dedicated entirely to processing green orthodox tea as the company seeks to expand into premium international markets.
The group describes Sangalo as Africa’s premier factory exclusively focused on green orthodox tea processing. Operated under it...