When you think about growth industries, printing and publishing is unlikely the first to come to mind. But there’s a little business headquartered in Accra, Ghana that’s proving that print remains home to plenty of profitable niches.
At just KES1.00 per share Mumias Sugar might be a tempting bet, but prospective investors would be wise to heed the danger signs.
It’s a pity Ghana isn’t home to more dairy cows. If it were, Fan Milk would likely be a substantially more profitable company.
Six months after posting its first annual profit since 2013, Guinness Ghana fell back into the red in the first half of its 2018 fiscal year. But a closer inspection of the numbers reveals some encouraging trends.
Sefalana shares have plunged 34% since November 2016. But strengthening economic tailwinds, an increasingly diverse geographic footprint, and innovative marketing strategies have me thinking that the share’s a bargain for patient investors.