Constantia Flexibles Group is strengthening its position in the Sub-Saharan African growth market by acquiring the South African flexible packaging company Afripack. The parties agreed not to disclose the price of the transaction, which is subject to regulatory approvals and is expected to close in the next three months.
Posted on : Tuesday , 8th September 2015
Posted on : Tuesday , 8th September 2015
Following on Sappi's recent announcement of the sale of its Enstra Mill and recycled packaging business, Sappi wishes to announce the sale of its Cape Kraft recycled packaging paper Mill to the Golden Era Group. In March 2015 Sappi initiated a closed tender process after receiving many expressions of interest to buy the mill. It is expected that the transaction will close in September 2015. The disposal is not categorisable in terms of section 9.5 of the JSE Listings Requirements. S.... Read more »
Posted on : Tuesday , 8th September 2015
The Stickeez tiny plastic toys, given away by Pick n Pay are highly sought after commodities in playgrounds and schools, so much so that enterprising entrepreneurs and desperate moms are putting them up for sale and swop on Gumtree.
Read more » Posted on : Tuesday , 8th September 2015
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The Board said it reached the decision after noting that over the past decade, private sector investment has been concentrated in a few fast growing sectors, such as the extractives, finance, communication, and transport while labor-intensive sectors such as agriculture and manufacturing expanded below the average rate of the economy (about seven percent in 2014/15). As a result, job creation did not accelerate to keep pace with the growth of the working population.
Posted on : Monday , 7th September 2015
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Kenyans will continue to shoulder the burden of expensive thermal generators for at least four more years, despite recent strides in unlocking cheaper sources of energy.
Posted on : Monday , 7th September 2015
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Maize, as source of the staple food for Kenyan people, is mostly ground for sifted and unsifted maize meal or other products like maize grits and by products bran and germ.
Posted on : Monday , 7th September 2015
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Foreign Affairs Cabinet Secretary Amina Mohamed has said the upcoming global conference to be held in Nairobi could have huge gains for the agricultural sector.
Posted on : Monday , 7th September 2015
Uganda’s property market has continued to show signs of recovery in the retail and office sectors, amid concerns over high interest rates and volatility of the shilling.
Posted on : Monday , 7th September 2015
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Egyptian solar energy solutions provider REC and Orascom Telecom Media and Technology Holding subsidiary O Capital have announced a new venture to provide turnkey solar solutions in Egypt, Middle East and Africa
Posted on : Monday , 7th September 2015
A US$ 1.2bn fertilizer plant in Kenya is set to be constructed in a move that will see the cost of the farm input reduce significantly.
Posted on : Monday , 7th September 2015
Posted on : Monday , 7th September 2015
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