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Bidvest foods spin-off Bidcorp valued at US$5bn in market debut

South Africa's Bidvest listed its food services business as Bid Corporation (Bidcorp) on the JSE on Monday, with the shares opening trade at R270 to value the company at around R90bn rand (US$5bn.) Bidcorp,...

Bidvest foods spin-off Bidcorp valued at US$5bn in market debut

South Africa's Bidvest listed its food services business as Bid Corporation (Bidcorp) on the JSE on Monday, with the shares opening trade at R270 to value the company at around R90bn...

The Rolls Royce of logistics from BPL

The one of a kind, new Rolls Royce Wraith – inspired by fashion – arrived at Bidvest Panalpina Logistics’ warehouse, adjacent to OR Tambo International Airport, earlier this month. This...

South African business sets up three projects to help economy

According to Bloomberg, business leaders in South Africa said that, following meetings with President Jacob Zuma and Finance Minister Pravin Gordhan, they would contribute expertise and investments to help the country...

CBN’s top 6 business stories

A list of the top six stories affecting the Cape Business Comunity this week. Agriprocessing Innovators and entrepreneurs will unlock Africa’s agribusiness promise With the World Bank projecting that Agriculture and Agribusiness in Africa...

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Two SAB plants get R5.8 billion upgrades

The R5.8 billion investment commitment made by South African Breweries (SAB) has been utilised to increase capacity at two of its plants. The company said...

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