BEIJING: China's $200-billion sovereign wealth fund has bought 1.1% of prominent British alcoholic drinks maker Diageo in a move to diversify its investments, the UK's Financial Times said on Tuesday, 21 July 2009. 21 Jul 2009
Eastman Kodak has appointed Optus Brands, a subsidiary of the Fore Good Group, as the national distributor and brand custodian for Kodak in South Africa. 8 Jul 2009
BORDEAUX: A Chinese firm has taken a majority stake in a Bordeaux vineyard, the latest move by the emerging Asian giant into the world of French wine, a company who advised on the deal said. 22 Jun 2009
SYDNEY: Australian Castlemaine XXXX beer, sold in Britain with a slogan that played on four-letter swear words, is to be quietly withdrawn from the country after a drop in profitability, its brewer said. 10 Jun 2009
The SA recording industry loses R500-million a year to pirates, half of that on the streets of Johannesburg, says James Lennox, chief executive of a local copyright agency. 9 Jun 2009
A surge of international interest in Waterkloof's European-style wines is bringing rich rewards including acceptance into London's high society with the estate's dry Circumstance Cape Coral Mourvèdre now listed in Harrods. 26 May 2009
You have to hand it to Aspen. A few weeks after it won a chunk of the state tender to provide Aids drugs last year, Aspen signed a R2,7bn deal with GlaxoSmithKline (GSK) that gives the local firm access to more than 100 markets. 25 May 2009
Chicken producer Country Bird, which has secretly built a 13.4% stake in Sovereign Foods in which competitor Afgri wants to reverse list its foods business, now wants to acquire the whole company. 22 May 2009
Chicken producer Sovereign Foods, which is trading under cautionary, has another suitor in the form of SA's third-largest poultry producer, Country Bird. 18 May 2009
Food manufacturer Nestlé said it had resumed delivery of infant milk formula to clinics and hospitals as “most [health] departments have begun to pay” their accounts. 14 May 2009
South African food group Astral Foods on Wednesday, 13 May 2009, reported diluted headline earnings per share of 405 cents for the six months ended March, down 41% from 686 cents a year ago. 14 May 2009
Private equity fund Medu Capital has acquired for an undisclosed sum a 40% equity interest in Medipost Courier Pharmacy and a 40% stake in medical distribution firm Kawari Wholesaler. 11 May 2009
More than 100 casual workers at the Nelspruit Coke Fortune depot are on strike demanding permanent contracts and better wages. 5 May 2009
The purchase of tickets for the eight-nation FIFA Confederations Cup has been made easier. 29 Apr 2009
FMCG group Fore Good is the new brand custodian and distributor for Pringles and Braun in southern Africa, having concluded an agreement with Procter & Gamble (P&G) Geneva International. 24 Apr 2009
PARIS: The French dairy giant Danone and India's Wadia group have ended their partnership, Danone said on Tuesday, 14 April 2009, a move that also ends a dispute over the distribution of Tiger cookies by Danone outside India. 16 Apr 2009
Adcock Ingram announced on Thursday, 9 April 2009, that it has made a firm intention to the board of listed generic pharmaceutical manufacturer Cipla Medpro SA, to acquire the entire issued share capital of CMSA. The consideration payable will be an aggregate amount of R2,125 billion which equates to a consideration, prior to adjustment, of approximately R4.75 per CMSA Share. 9 Apr 2009
Port Elizabeth company Dynamic Commodities is living up to its name, it started off exporting fruit sorbet and now it has added the mysterious sweet baby pepper to its burgeoning bag of exported products. 3 Apr 2009
Bytes Document Solutions, the authorised distributor of Xerox products and solutions to 24 African countries, has struck a deal with JSE-listed Massmart to sell Xerox printers through Game stores. 11 Dec 2008
While many companies are cutting budgets and tightening their proverbial belts, local premium goods distributor, Super-Brands, has bucked the trend with the successful acquisition of sporting goods distributor, Dunslaz, further expanding its reach into the premium goods arena. Super-Brands is best known for its electronic and home appliance subsidiary, My Appliances, and well-known brands, Sonic and Swiss Diamond. 10 Dec 2008
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