BRAND INVESTMENT NEWS ON FASTMOVING

Indigenous liquor production giant, Kasapreko Company Limited, has been awarded for promoting festivals in Ghana. The company was adjudged the award at this year's National Tourism Awards held at the State Banquet Hall in Accra. read more

Indigenous liquor giant, Kasapreko Company Limited (KCL) placed sixth in the 2013 Ghana Club 100 ranking. read more

Cape Town – The persistent weakness in the perception of SA in international media coverage is the under-representation of SA’s business sector and the difficulty to identify a business leader or leaders “representative" of the country. read more

BOS Ice Tea has recently celebrated its third birthday in South Africa, and has taken the first steps into European markets, launching in Belgium and Holland earlier this month. read more

Bentonville, Ark. - Wal-Mart Stores detailed a number of moves, including opening smaller stores in the United States, cutting back on overseas growth and increasing its investments in technology and e-commerce, on the occasion of the company’s 20th annual investor meeting. read more

Johannesburg - Africa’s CEOs are optimistic about the prospects for growth over the next 12 months, according to the PWC Africa Business Agenda 2013. read more

The World’s largest privately held spirits company, Bacardi Limited is set to open its first African sales outlet in Nairobi, Kenya on Tuesday following the growing demand for luxurious goods such as alcoholic beverages by consumers. read more

When Facebook Inc was preparing to go public last year, the telephones at Granite Investment Advisors rang off the hook as clients called about the social media’s company’s highly anticipated debut. 

Plano, Texas – Shares of J.C. Penney Company took a beating on Friday after the retailer priced its $932 million share sale at a 7.4% discount and detailed its shrinking cash position.  read more

On Friday, struggling mobile handset maker BlackBerry reported a loss of $965 million, or $1.84 per share diluted, for the three months ended August 2013, compared with a prior loss of $235 million. read more

A new report highlights the intensified use of social media by South African corporations, with Facebook winning out amongst the big players in the sector. read more

Copenhagen - Danish toy company Lego on Thursday reported a 13% rise in net sales for the first half of 2013, citing strong sales in Asia. read more

The Distell Group succeeded in raising revenue 11,9% to R15,9bn on a sales volume increase of 7,2% for the year to June 2013. This was despite exceptionally tough trading conditions, marked by a global slowdown in economic growth, contracted disposable income and reduced consumer spending in many of the regions where it markets its range of spirits, wines and ciders and RTDs. read more

Office automation group, Itec has acquired a majority stake in Canon West Rand, in line with its strategy to grow its market reach and economies of scale. read more

Accra Brewery Limited, a subsidiary of SABMiller, has again demonstrated its commitment to employee skills development by sourcing for a grant of GHC 212,000 from the Skills Development Fund (SDF).  read more

Rainbow Chicken has entered an agreement to acquire a further 23.9 percent stake in food producer Foodcorp, a transaction that would increase this broiler producer’s effective interest in Foodcorp to 88.1 percent. In April, Rainbow acquired a 64.2 percent stake in Foodcorp through its subsidiary Capitau Investment Management.  read more

A South African wine producer Orange River Cellars has signed a distributorship deal with Kenya’s Chareth General Agencies.  read more

Johannesburg – Global breweing giant SABMiller [JSE:SAB] has signed a cooperation agreement with Swedish brewer Kopparberg Brewery AB for the long term licensing of Kopparberg cider products in selected markets. read more

Cape Town - Illovo-based Imara S P Reid Stockbrokers is about to open up African share and bond markets to local retail investors. read more

Plano, Texas -- J.C. Penney Co. on Thursday took the wraps off its highly anticipated new home department. More than 500 stores received a complete home department revamp, with updated flooring, accent lighting, custom fixturing and a widened pathway. read more

Tiger Brands Ltd. (TBS), South Africa’s biggest food maker by market value, said the company regained volume in bakeries, rice and snacks and treats and maintained profit margins across many of its domestic businesses.  read more

Shoprite brings 150 jobs NHLANGANO – Shoprite Checkers has added a stimulating effect to the economy of the small town of Nhlangano by availing about 150 jobs to locals.  read more

Heineken will not be launching its sweeter, low-alcohol Radler beer in Kenya. It will instead focus on its flagship brand to grow local market share. read more

The Witness newspaper has broken the mould of typical print media by integrating augmented reality as a way to extend the life its physical print content. read more

London – Tesco, Britain's biggest retailer, said on Sunday that it planned to open more than 50 new franchise stores, worldwide, for its clothing brand over the next five years. read more

Kenya's Uchumi Supermarkets will open 13 new stores over the next year as East Africa's sole listed retailer prepares for a cash call and a cross listing of its shares, its chief executive said on Tuesday. read more

Johannesburg - A thirst for beer among Africa's middle classes is driving the world's biggest brewers to invest on the continent, but getting women to drink the beverage is another matter. read more

Berghoff Brewing will revive its brands this summer with updated recipes, and a move to contract brewing the beers at Stevens Point Brewery. read more

London - Global brewer SABMiller said on Thursday it had posted a 7 percent rise in full year organic revenue, boosted by strong demand in Africa and a surprisingly robust performance in Europe.  read more

(Reuters) - Johnson & Johnson beat Wall Street's quarterly profit estimates on sharply lower taxes, strong sales of prescription drugs and a revival of over-the-counter medicines that had been recalled over quality control problems. read more

New York -- Costco Wholesale appears to be eyeing China's online commerce market, according to published reports. read more

SABMiller’s local unit Accra Brewery Limited (ABL) will start to brew cassava beer in Ghana under the brand name “Eagle”, the company announced on March 14, 2013. read more

MULTICHOICE Zambia has opened a new Digital Satellite Television (DStv) agent outlet in Kitwe to serve its customers effectively and efficiently. read more

Milan - Family owned Italian fashion house Versace is ready to sell some of the company to outside investors to help fund expansion in foreign markets such as Asia, its chief executive said in an interview.  read more

Windhoek - Kuiseb Traders have shown that they mean business when they recently launched a fully Namibian brand of processed and packaged fish products for the local market. read more

Washington - Personal computer industry pioneer Michael Dell would “invest for growth” and compete aggressively in new markets if his plan to take the company he founded private succeeds, according to a new memo. read more

PC and mobile device manufacturer Lenovo is targeting the top position in Africa, with a planned expansion on the continent. read more

The R500 million upgrades and redevelopment of Liberty Promenade has helped the retail centre to achieve 11.63% in turnover growth, entrenching its status as the preferred shopping destination of the Mitchells Plain and Khayelitsha communities. read more

Directors of the Uchumi chain of super markets are cautiously monitoring events in the local investment landscape as the company prepares to raise cash from its existing shareholders to fund its local and regional expansion drive.  read more

Johannesburg - Brewing giant SABMiller [JSE:SAB] has through its subsidiary‚ SABSA Holdings‚ raised R1bn from investors in its first bond issue‚ at a yield of 7.125%.  read more