Money Markets

Nestle invests Sh750 million to upgrade production line

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Nestle cereal products in a supermarket. Photo/REUTERS

Nestle cereal products in a supermarket. Photo/REUTERS 

By Jim Onyango  (email the author)
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Posted  Thursday, February 18  2010 at  00:00

Plans are under way to establish more factories in DRC, Angola, and Mozambique.  

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“With the consumption trends clearly showing an increase in portion of every dollar spent in food and drink by consumers out of home, it is a great opportunity for us to enter the Equatorial Africa market to extend our expertise to the food service operators,” said Mr Mahler.

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