CIC HOLDINGS LIMITED
DISTRIBUTION SOUTH AFRICA
Double blow for Adcock suitor
03/12/2013 - 08:00
Johannesburg - A Chilean group's $1.2bn (R12.6bn) bid for drugmaker Adcock Ingram [JSE:AIP] was challenged on two fronts on Monday, as a group led by Bidvest [JSE:BVT] sought nearly a third of Adcock's shares and launched a court action against the bid.
Pick n Pay opens two premium stores as part of six month plan to open 64 stores
29/11/2013 - 10:27
After an improved performance at the half year, Pick n Pay is demonstrating its commitment to pursuing positive growth through focused, streamlined operations and an expanding store footprint, with plans to open over 60 new stores in the six months to end February 2014.
Loblaw COO named ShopKo CEO
27/11/2013 - 11:14
Green Bay, Wis. -- Shopko on Monday named Peter McMahon, most recently COO of Loblaws, as its new CEO, effective immediately. Loblaws is Canada’s largest food retailer with over $30 billion in sales.
Zambia’s food security position is very strong
20/11/2013 - 10:50
Agriculture and Livestock Minister Bob Sichinga has disclosed that Zambia was on a strong position in terms of food security in the African region.
Manufacturing confidence low
15/11/2013 - 08:12
Business confidence in the manufacturing sector was weak in the third quarter of this year, according to a Manufacturing Circle survey.