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Saturday, August 8, 2020



Tag: business

Dabur to acquire personal care business of South African firm

Consumer products maker Dabur India Ltd will acquire the personal care, hair care and creams businesses of the South Africa-based CTL group of companies. The deal valued at US$1,5m (Rs...

AEEI boosts its technology by acquiring 57% majority stake in Puleng Technologies (Pty) Ltd

Recognised as a top performing financial and top BBBEE JSE–listed Company, African Equity Empowerment Investments Limited (AEEI), today announced that the Company had acquired a majority shareholding of 57% equity, in...

Woolworths Holdings limited to acquire Politix, a leading Australian menswear business

Woolworths Holdings Limited (“WHL”) today announced that its wholly owned subsidiary, Country Road Group had entered into an agreement to acquire Politix, a market-leading retailer in Australian designer menswear. Politix has...

Sea Harvest increases its share in Australian business, Mareterram

Sea Harvest Corporation, the 52-year-old South African vertically integrated fishing company and recently voted the No.7 Icon brand in South Africa, has managed to secure control of Mareterram Limited, a vertically...

Fibre explosion means that VOIP is finally ready for mainstream business use

South Africa’s ICT industry has long talked up the benefits of Voice over Internet Protocol (VOIP) as an alternative to traditional mobile and fixed-line telephony, but it is only now that...


Liquor industry urges government to prepare to lift alcohol ban

The liquor industry is once again calling on government to lift the ban on alcohol. Their latest call is based on suggestions by the...