This award acknowledges Mondelēz’s commitment to creating a positive and inclusive workplace environment and its efforts in implementing best HR practices across its operations in both countries.

The Top Employers Institute evaluates organisations based on several criteria including talent strategy, employee experience, learning and development, wellbeing, and diversity and inclusion. Both Mondelez South Africa and Mondelez Nigeria have demonstrated exceptional performance in these areas, thus solidifying their positions as industry leaders.

Commenting on this development, Cebile Xulu, Mondelēz International’s Senior Director and People Lead for Sub-Saharan Africa, said:

“Being certified as a Top Employer serves as powerful validation of our dedication to continually improving our workplace and prioritising our employees’ needs. We strive to embrace global HR trends that ensure our employees can thrive in a supportive and nurturing environment.”

This recognition is especially significant as Mondelēz South Africa and Mondelez Nigeria have received Top Employer certification for the fifth time, reflecting a steadfast commitment to the development and wellbeing of employees.

In the latest rankings, Mondelēz secured second place in the West African country, and progressed to fourth place overall in South Africa, moving up from eighth place in 2024.

This significant advancement demonstrates the company’s consistent efforts in enhancing its workplace culture to align with the evolving needs of its employees.

“This recognition as a Top Employer for 2025 marks not just an achievement, but a continuous journey of growth. We are dedicated to nurturing a work environment in which innovation thrives, employees feel valued, and diversity is embraced. As we move forward, we remain committed to enhancing our practices, ensuring a workplace focused on employee wellbeing, and contributing to a better future for all,” Xulu concluded.

Positive performance by Dangote Cement, (DANGCEM), Airtel Africa Plc, (AIRTELAFRI) and the Mobile Telephone Network (MTN), has been identified as the driving force behind the last week surge in Nigeria Stock Exchange (NGX) market.   

Leading the positive surge, is the DANGCEM (+1.59% w/w), AIRTELAFRI (+5.99% w/w), and MTNN (+7.95% w/w) drove the market’s positive performance, outweighing losses in STANBIC (-5.96% w/w), GUINNESS (-7.58% w/w), and CADBURY (-11.05% w/w). Consequently, the year-to-date (YTD) return rose to 6.54%.

The Nigerian Exchange Limited (NGX) finished the first week of 2024 on a positive note, buoyed by sustained investor confidence in listed companies.

This momentum has instilled optimism for a potentially bullish market in 2024, bringing the All-Share index up by 6.54% to close at 79,664.66 points.

This implies that, all other indices finished higher except NGX Growth and NGX Sovereign Bond Indices which depreciated by 6.38% and 1.21% respectively, while the NGX ASeM index closed flat.

Market analysts have noted that the stock market has been quite eventful and bullish in 2023, and can reasonably project further improvement in 2024, as more companies approach the market for listing and public offerings.

Techeconomy observation of the market performance revealed that the All-Share Index, which is the broad index that measures the performance of Nigerian stocks, opened the trading week at 74.773.77 index points at the beginning of trading on January 2, 2024, and closed at 79.664.66 points at the end the week on January 5th, gaining 4,890.89 basis points or 6.54%.

Further analysis revealed that activities on the Nigerian Exchange Limited (NGX) which opened the trading week at N40.917 trillion in market capitalization at the beginning of trading, closed the week at N43.593 trillion, hence has earned a week-to-date gain of about N2.676 trillion.

However, it should be noted that outweighing losses are observed in STANBIC (-5.96% w/w), GUINNESS (-7.58% w/w), and CADBURY (-11.05% w/w).

Consequently, the year-to-date (YTD) return rose to 6.54%.

A total turnover of 3.320 billion shares worth N41.755 billion in 46,994 deals was traded during the week by investors on the floor of the Exchange, in contrast to a total of 1.186 billion shares valued at N31.425 billion that exchanged hands last week in 23,969 deals.

The Financial Services Industry (measured by volume) led the activity chart with 2.399 billion shares valued at N26.054 billion traded in 22,833 deals; thus contributing 72.25% and 62.40% to the total equity turnover volume and value respectively.

The Conglomerates Industry followed with 213.139 million shares worth N2.434 billion in 2,284 deals. The third place was the Oil and Gas Industry, with a turnover of 163.313 million shares worth N2.054 billion in 3,443 deals.

Trading in the top three equities namely Fidelity Bank Plc, FCMB Group Plc, and Sterling Financial Holdings Company Plc (measured by volume) accounted for 767.964 million shares worth N7.289 billion in 4,589 deals, contributing 23.13% and 17.46% to the total equity turnover volume and value respectively.