Emerging Markets

The EU is funding a project to get the Kenyan cashew nut industry back on its feet. Pic: ©GettyImages/kolesnikovserg

EU helps Kenya revive cashew nut industry

By Gill Hyslop

The European Union (EU) is investing Ksh236m ($2.4m) to help Kenya revive its once thriving cashew nut industry that collapsed more than three decades ago.

Impulse snack purchases are a common yet declining consumer habit, Euromonitor finds. ©GettyImages/Wavebreakmedia

SWEETS & SNACKS EXPO

Are impulse snack purchases under siege? Euromonitor explains

By Mary Ellen Shoup

Nearly 70% of in-store snack purchases are unplanned -- indicating that impulse snack shopping is a shared habit among most consumers, Euromonitor senior analyst Jared Koerten said at the Sweets & Snack Expo in Chicago yesterday.

Indian biscuit and baked goods producer Mrs Bector's plans to be listed on the stock exchange by the end of the next calendar year. Pic: ©GettyImages/pupunkkop

New in brief

Mrs Bector’s plans 2019 IPO

By Gill Hyslop

Indian biscuit and bun producer Mrs Bector’s plans to list on the National Stock Exchange of India by the end of next calendar year.