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19/07/2019

PepsiCo targets African growth with offer to acquire Pioneer Foods
PepsiCo, Inc. today announced that it has entered into an agreement to acquire all the outstanding shares of Pioneer Foods Group Ltd. for R110.00 per share in cash (approximately US $1.7 billion), which represents a 56% premium to the 30-day volume weighted average price prior to the cautionary announcement on July 15, 2019. ...Read article

16/07/2019

Even rich South Africans are looking for cheaper places to buy their groceries
Even the rich are feeling the pinch, and trying to figure out how to save money, a new survey from Old Mutual suggests. ...Read article

11/07/2019

Poultry body defends call for 82% chicken tariffs
The South African Poultry Association (Sapa) has defended its decision to call for a hike in chicken imports tariffs to 82 percent, up from the current 37percent. ...Read article

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