South Africa
-
Franchise India Bureau Dec 17 2018 - 1 min readIn order to further bolster its international operations, Handset maker Micromax is foraying into the South African market. The company is expecting the global market to contribute as much as 20% to its overall revenues by next fiscal. Micromax is also eyeing expanding its range of consumer durable products such as television sets and smart ...
-
Franchise India Bureau Jul 12 2018 - 1 min readCipla Ltd, India’s second-largest drugmaker by market value, has agreed to acquire South Africa’s Mirren (Pty) Ltd to strengthen its foothold in the African nation. The Indian company will pay 450 million South African rand (Rs 228 crore or $33 million) for Mirren in cash, it said in a stock-exchange filing. Paul Miller, CEO at ...
-
Agencies Sep 29 2017 - 1 min readFMCG major Godrej Consumer Products Ltd (GCPL) has announced its 100 per cent acquisition on South Africa's hair extensions firm Frika Hair for an undisclosed sum in order to consolidate its position in the South African market. In a BSE filing, GCPL said has confirmed that it has entered into an agreement with Frika ...
-
WI Bureau Sep 29 2017 - 3 min readFounded in 2001, South Africa’s Cape Town headquartered Pharma Dynamics (PD) distributes a range of branded generic prescription medicines and over-the-counter (OTC) products in South Africa as well as other markets across the African continent. Ranked among the top 20 drugmakers in South Africa, PD is the third-largest generics firm in the prescription drugs ...