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.
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.
Continue reading “Camelot Ghana: A Princely Business Priced at a Pittance”
At just KES1.00 per share Mumias Sugar might be a tempting bet, but prospective investors would be wise to heed the danger signs.
Mumias Sugar is Kenya’s largest sugar producer.
It’s also its most prominent penny stock.
With a price that currently hovers around KES1.00 per share, no other Kenyan stock is as accessible to individual investors. If you have KES100.00 in your pocket, you can open a brokerage account and buy 100 shares of the company.
This low barrier to entry makes Mumias the subject of an inordinate amount of ill-advised speculation.
Continue reading “4 Reasons to Stay Far, Far Away From Mumias Sugar”
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.
It’s a pity Ghana isn’t home to more dairy cows.
If it was, Fan Milk would likely have made its investors even wealthier than it already has. Shares of the ice cream manufacturer have more than quadrupled in value over the past five years.
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.
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.
Soaring utility prices, heavy investment in marketing, and a weakening cedi slashed the brewer’s operating profit by 72%. And interest charges more than wiped out the remainder, resulting in a GHS4.6 million loss for the period.
But a closer inspection of the numbers reveals some encouraging trends.
Continue reading “Is Guinness Ghana’s Glass Half Full or Half Empty?”
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.
It has been a tough couple of years for Botswana’s consumer goods industry.
Citizens of the Southern African nation have been tightening their belts in response to a slowdown in mining activity and resulting job losses. Retailers’ profit margins have gone from thin to microscopic.
