Category: Ethics

  • BRF

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    In 2019, Brazilian retail giant BRF SA reported a full-year net profit margin of 12% (2018: 8%). A large reason for this is the growth in Brazil’s online sales, driven by e-commerce giant Amazon.com.br. While the company saw its total sales for Brazil rising by 7% to BRL121.3bn (USD33.5bn) in the year, online sales growth was only 4%, and it was the first time this figure failed to hit

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    BRF is one of the world’s largest manufacturers and distributors of rice. With 17,000 employees and a presence in 40 countries, the company enjoys an exceptionally strong foothold in its niche. This, however, comes at the cost of high fixed costs and a tough competition. Moreover, the Indian government has imposed a higher minimum support price on its farmers, which has taken a toll on the company’s bottom line. Despite the headwinds, BRF remains optimistic about

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  • IKEA in Saudi Arabia A 2016

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    “What do you think? It is the first attempt to build a company in Saudi Arabia. In fact, IKEA is building a ‘Saudi factory’, as I’ve written earlier, for all our local and regional needs in Riyadh. It’s not just an ordinary factory. It has a “unique” feature: 286 cubic meters (8,500 square feet) of space. It is the biggest factory for IKEA worldwide and the first factory for IKEA in the Middle East. It will open for

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    IKEA is a global furniture store with stores in over 40 countries. IKEA’s strategy is centered around the concept of “Making Every Room Your Own,” focusing on creating high-quality and affordable furniture solutions. IKEA has established its operations in the Middle East, with its first store opening in Saudi Arabia in 2016. Governments and investors play a crucial role in supporting the growth of foreign investment. In this case, the Middle Eastern government is the investor and a long

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  • Developing the Entrepreneurial Ecosystem for Saffron Farming in South Africa

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