Month: May 2016

SOUTH AFRICA – The Competition Commission will ask for another extension to scrutinise Anheuser-Busch InBev’s (AB InBev’s) planned $106bn takeover of SABMiller, its spokesman said on Thursday.

ETHIOPIA – Blue Nile Investment Plc, owner of Awash Winery S.C., has been ordered by the Federal High Court to pay a one year delayed payment sum of 115 million Br.

SOUTH AFRICA – South Africans’ desire for new shopping centres has been insatiable, and another mall has entered the fray.

SOUTH AFRICA – South Africans’ desire for new shopping centres has been insatiable, and another mall has entered the fray.

KENYA – Uchumi Supermarkets has opened talks with its suppliers in a bid to have the creditors convert the debts owed to them by the retailer into shares.

KENYA – Uchumi Supermarkets has opened talks with its suppliers in a bid to have the creditors convert the debts owed to them by the retailer into shares.

UK – The acquisition of Hungary’s Dreher in 1993 is listed as an important milestone in SABMiller’s history.