Investment

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.

Kettle Foods is upgrading its Norwich facility to increase intake capacity of the potatoes it uses for Kettle Chips. Pic: Kettle

Kettle Foods upgrades Norwich factory

By Gill Hyslop

The Kettle Chips maker is investing £2.7m ($3.5m) to upgrade the manufacturing capabilities of its Norwich factory as it celebrates its 30th anniversary.

Swiss-Irish baked goods company Aryzta has decreased its full-year guidance by 15%. Pic: ©iStock/Vicheslav

Bakery group Aryzta downgrades full-year guidance

By Gill Hyslop

Swiss bakery business Aryzta has downgraded its full-year 2018 EBITDA, previously projected to be ‘broadly in line’ with last year, but now expected to be around 15% lower.