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South African Consumer Firm Libstar Plans $124 Million IPO

Libstar Holdings Pty Ltd., the South African food and household products maker, plans to raise about 1.5 billion rand ($124 million) to repay debt and fund expansion by selling new shares...

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South Africa can become a global hub for making batteries for...

For the country to become a player in the alternative powered vehicle market, it needed to provide clarity on its battery manufacturing plans and...

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