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Showing posts from June, 2016

Coca-Cola international restructures operations

The Coca-Cola Company has announced a new streamlined international structure to align operating units against its global bottling footprint and to promote and develop key Coca-Cola leaders. Making the announcement recently, Chief Executive Officer, Muhtar Kent, said the move will lay the foundation for strong leadership and management continuity for the company. He said the new structure outlines important changes to its international operation in order to better support evolving bottler footprint, and also, to demonstrates its dept of management experience Coca- Cola is fortunate to have in its system. The Chief Operating Officer, James Quincey also added that as the company continue to implement its five strategic actions for growth, it is critical that organizational structure enables the speed, agility and inspirational leadership that are necessary to win today and in the future. Quincy noted that the changes announced streamline Coca-Cola’s international structure, and reflec...

Niger, Dangote conclude plans on N148bn sugar factory

Niger State government and the Dangote Group have concluded plans for the takeoff of a N148 billion ($450m) sugar factory in the state, just as the state government has assured investors of a conducive environment for their investments. The state governor, Alhaji Abubakar Sani Bello, represented by his deputy, Ahmad Muhammad Ketso, stated this at a meeting held at the Estu Nupe’s palace, Bida, between officials of Dangote Industries and representatives of Jima-Nupeko villages in Lavun and Mokwa local government areas of the state – the host community – for the proposed sugar factor, to seal the deal. Dangote Industries has so far indicated interest to acquire 16,000 hectares of land for sugar cane farming and sugar production in the state. According to him, one major way to create employment opportunities for youths is by wooing investors and development partners into the state. Bello appealed to other investors, especially those in agriculture and agroallied industries to cash in o...