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S African influence in BRICS Bank not lesser: Analyst

Last Updated: Thursday, July 23, 2015, 18:33

South Africa's influence in the newly-formed New Development Bank (NDB) will not be marginalised by the fact that it has made the smallest contribution to the initial capital among the BRICS countries, an analyst said Thursday.

BRICS bank to be operational by end of 2015: South Africa

Last Updated: Saturday, June 27, 2015, 03:48

The emerging market BRICS nations will have their own development bank by the end of the year, South Africa said Friday.

BRICS bank to be operational by end of 2015: South Africa

Last Updated: Friday, June 26, 2015, 23:33

The emerging market BRICS nations will have their own development bank by the end of the year, South Africa said Friday.

S African telecoms regulator in spat over Tata-led Neotel sale

Last Updated: Monday, June 22, 2015, 16:26

South Africa's telecom industry has locked horns with the regulator of communications over its approval of the sale of Tata-led company Neotel to the country's biggest mobile operator Vodacom.

BRICS members hail integration ahead of July forum

Last Updated: Friday, June 19, 2015, 18:22

BRICS member states --Brazil, Russia, India, China and South Africa -- cheered new integration trends with the announcement of the formation of the BRICS Development Bank, ahead of the group`s upcoming forum in July.

Aditya Birla Nuvo forms JV with South Africa's MMI holdings

Last Updated: Thursday, June 4, 2015, 12:21

Diversified entity Aditya Birla Nuvo Ltd (ABNL) today announced formation of a joint venture with MMI Holdings -- a South African insurance based financial services group -- to enter Indian health insurance and wellness market.

Strides buys Aspen's Australia drug assets for A$380 mn

Last Updated: Thursday, May 21, 2015, 14:46

Strides Arcolab on Thursday said it will acquire South Africa's Aspen Pharmacare's portfolio of branded and generics products in Australia for about Rs 1,910 crore.

Airtel Africa appoints ex-MTN executive as MD for Chad

Last Updated: Thursday, April 23, 2015, 11:46

Telecom major Bharti Airtel on Thursday announced that its African unit has appointed former executive of South Africa-based telecom operator MTN, Anwar Soussa, as the Managing Director for Airtel Chad with effect from May 1.

Godrej Consumer hikes stake in Darling Group to 90%

Last Updated: Tuesday, February 24, 2015, 21:48

Continuing with its focus on Africa, FMCG firm Godrej Consumer Products Ltd today hiked its stake in hair extension brand Darling South Africa and Mozambique businesses to 90 percent.

AngloGold Ashanti cuts losses in 2014

Last Updated: Monday, February 23, 2015, 19:35

AngloGold Ashanti, one of the world`s biggest bullion producers, said Monday it was nearly back in the black, posting a net loss of USD 39 million in 2014 down from USD 2.2 billion the previous year.

Zee Entertainment launches Zee World in South Africa

Last Updated: Wednesday, January 28, 2015, 18:58

Zee Entertainment Enterprises Limited (ZEEL), one of the country's leading media and entertainment companies, Wednesday announced the launch of a new television channel, Zee World, in Johannesburg.

Cipla bags Rs 1,100 crore order from South African govt

Last Updated: Tuesday, December 23, 2014, 18:04

Drug major Cipla's subsidiary has bagged an order worth 2 billion rand (around Rs 1,100 crore) for HIV drugs from the South African government.