
SA Drinkers Trade Down as Household Budgets Tighten
South Africa’s food and beverages sector lost 0.3% of its income in May compared with a year earlier, Statistics SA data released Thursday showed. Coffee

South Africa’s food and beverages sector lost 0.3% of its income in May compared with a year earlier, Statistics SA data released Thursday showed. Coffee

Nestlé Nigeria’s profit after tax rose 28% to N64.78 billion in the first half of 2026, even as the company confirmed its water business will

Cadbury Nigeria’s half-year profit fell 20% to N8.11 billion, even as revenue climbed 8% to N83.35 billion in the six months to June 30, the