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Day: March 25, 2023

Premier Group’s shares surge by over 11% after successful listing on JSE

SOUTH AFRICA – Premier Group, one of the oldest and most renowned food producers in South Africa, saw its shares surge by more than 11% after its successful listing on the stock market, the company has reported. The company, owned by billionaire Christo Wiese’s private equity firm Brait, has a strong presence in the South African market with its top…

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Zambia to promote community sales in a bid to stabilize the skyrocketing price of maize meal

ZAMBIA – The Zambian government has taken a step forward to cushion shortage of the corn grain and stabilize the price of mealie meal by promoting community sales under the Food Reserve Agency (FRA) in Sinazongwe District. To mitigate the situation, the government through FRA has offloaded cheap maize to Sinazongwe residents as opposed to millers until the situation stabilizes.…

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