Fresh Del Monte distances itself from struggling Del Monte Foods, while the hospitality sector stalls Kenya's GDP growth at 4.9%.
Analysis: Fresh Del Monte Produce Inc has clarified its independence from Del Monte Foods Inc, which is currently facing bankruptcy proceedings. This statement is aimed at reducing confusion among stakeholders due to shared brand rights.
Analysis: Kenya's economic growth in the first quarter of 2025 stagnated at 4.9 percent due to declines in the hospitality and financial sectors, according to the Kenya National Bureau of Statistics (KNBS).
