Money Markets
Nestle invests Sh750 million to upgrade production line
Nestle cereal products in a supermarket. Photo/REUTERS
By Jim Onyango
(email the author)
Posted Thursday, February 18 2010 at 00:00
Posted Thursday, February 18 2010 at 00:00
Plans are under way to establish more factories in DRC, Angola, and Mozambique.
“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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