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Jubilee Insurance has launched operations in DR Congo with two new buyouts planned for Ethiopia and Madagascar before the end of the year. Jubilee Insurance chief executive Patrick Tumbo Monday [...]

Anheuser-Busch InBev NV agreed to buy SABMiller Plc for almost 69 billion pounds ($106 billion) to clinch a record industry deal after several rejections, creating a brewer that will account for [...]

Zimbabwean fast food group Innscor Africa will separately list its restaurants unit on Nov. 6, allowing it to pursue mergers and acquisitions of companies operating similar businesses, the [...]

Afrimat Ltd * Acquisition of Cape Lime and withdrawal of cautionary announcement; * Has concluded an agreement in respect of acquisition of 100 pct of issued ordinary shares of Cape Lime [...]

JSE-listed Clover has acquired a 51% stake in Frankie’s Olde Soft Drinks, resulting in the establishment of a new business, Clover Frankie’s. The new company would manufacture, sell, market and [...]

The French banking group Societe Generale announced on October 6, has completed the acquisition of 65% stake in the bank Mozambique Mauritius Commercial Bank (MCBM), which becomes Moçambique [...]

UNIFREIGHT Africa Limited, the listed transport and logistics firm, said last week it had offloaded its tyre production unit, Tredco, as directors refocused on core operations to arrest mounting [...]

Waco International Holdings Ltd., a South African equipment rental and industrial services company, plans to raise as much as 1.9 billion rand ($139 million) from the sale of new shares ahead of [...]