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GSK raises $853 million by halving stake in South African drugmaker

2015-03-13 12:04:30| Biotech - Topix.net

GlaxoSmithKline has taken profits in Aspen Pharmacare by selling half its stake in the South African drugmaker for $853 million , following a long investment in the firm. The sale, which was conducted through a share placing at a discount to the market price, is the latest example of GSK pruning non-core investments as it refocuses its business and works to protect its sizeable dividend payments to shareholders.

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South African Airways refunds customers after bungle

2015-03-05 12:11:44| Airlines - Topix.net

It looked like a steal: $72 for a round-trip business class ticket on South African Airways between Johannesburg and Abu Dhabi. The online offer, part of a promotional sale at the end of February, was indeed too good to be true.

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Aviat Closes Multiple Deals with Major African Mobile Operator

2015-03-04 11:31:15| Industrial Newsroom - All News for Today

CTR Routers and Aviat Radios to be deployed in Gabon, Nigeria and Tanzania SANTA CLARA, Calif.  Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in microwave networking solutions, today announced multiple deals with a major African mobile operator. The deals call for Aviat to supply CTR microwave routers...

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Cargill Completes Investment in South African Animal Feed Facility

2015-03-03 01:00:00| ThePigSite - Industry News

GLOBAL - Driven by an increase in demand from customers throughout the region for animal feed products, Cargill has completed a US$12.5 million expansion of its premix facility in Pietermaritzburg, South Africa.

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Plethora of Pipeline Proposals Pushing African Prospects

2015-03-02 21:31:50| ENR.com: Headline News

Algeria, Uganda, Kenya, Tanzania, Mozambique and Ghana are at various stages of oil and gas pipeline construction projects to monetize their oil and gas finds despite predictions that the massive production of shale in the U.S. and falling global crude prices could impact on the performance of these pipeline projects.

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