Market News

 Viva Gym, a low-cost fitness franchise, will open its fourth club this October at The Zone in South Africa .This further expands the popular Centre’s offering to customers in the heart of Johannesburg’s most cosmopolitan commercial and residential suburb.   “Like Sandt . . .

E Healthcare, the $18 billion healthcare technology division of GE (NYSE: GE), announced the creation of a new business unit, Sustainable Healthcare Solutions (SHS), that will develop high-value, low-cost technologies and healthcare delivery solutions across multiple care settings. The new organ . . .

Hikma Pharmaceutical Plc has announced plans to buy nearly the entire share capital (98.09%) of EIMC United Pharmaceuticals from a consortium of shareholders to boost its position in the Egyptian market.   EIMC United is based in Egypt and is primarily a drug maker specialising in oncology pr . . .

Resolve Capacity has won a USAID Mozambique tender to design and build a regional pharmaceutical warehouse in Nampula, Mozambique, with a budget of $7.6 million.   Started in August 2015, and over a period of 18 months, Resolve Capacity will design and build the warehouse and surrounding faci . . .

US-born Kaakpema Yelpaala is the entrepreneur behind ClinicCommunicator, a web application that allows healthcare professionals to communicate with patients via mobile phones in Uganda. Using the service, medical personnel can electronically record basic patient information into cloud-based software . . .