REVEALED: Latest business liquidations in Brisbane The Courier Mail
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REVEALED: Latest business liquidations in Dungog dailytelegraph.com.au
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The intellectual property and brands of the longstanding South Australian condiments brand Spring Gully have been acquired by a Sydney-based group that also owns baby food brand Nourish, snacks label Off Beat and seafood producer Brunswick Foods.
Spring Gully Foods entered voluntary administration one month ago, with the company appointing James McPherson as administrator and making 34 staff members redundant.
At the time, the company said it was forced to make the decision after exhausting survival options as it faced rising costs and lost key contracts.
“We know we’re not alone. It’s a challenging time for many Australian businesses facing rising costs, price pressure from imports, and the changing ways we all buy food as the cost…
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Accra – On November 24-25, African and European leaders met in Luanda, Angola, for the European Union-African Union summit. Marking 25 years of EU-AU partnership, the gathering was not just a celebration but a moment to define what the next quarter-century will mean for relations between the two continents.
For Africa, the stakes could not be higher. Many African countries are burdened by unsustainable levels of sovereign debt that impede their ability to invest in resilient infrastructure and sustainable development. Public external debt has more than tripled since 2008, with a sharp rise in obligations to private bondholders.
These debt burdens have been compounded by the surge in borrowing costs and the depreciation…
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