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Articles Written by: TIISETSO MOTSOENENG
GLAXOSMITHKLINE will take a 16-percent stake in Africa's biggest generic drug maker, Aspen Pharmacare, to expand its emerging market footprint in a deal worth 3.47 billion rand (US$418 million).
The deal, based on a transfer of assets rather than ...
From TIISETSO MOTSOENENG,
Shanghai Daily,
12 May 2009
JOHANNESBURG (Reuters) - ANC leader Jacob Zuma, boosted by the support of Nelson Mandela at a final election rally, dismissed accusations his ruling party planned to change South Africa's constitution and appealed for national unity.
The ANC is almost ...
From TIISETSO MOTSOENENG,
Boston Globe,
19 Apr 2009
JOHANNESBURG (Reuters) - Jacob Zuma, leader of South Africa's ruling ANC, dismissed accusations it planned to entrench power through constitutional changes and appealed for national unity at a final election rally.
The ANC is almost certain to win the ...
From TIISETSO MOTSOENENG,
Boston Globe,
19 Apr 2009
Johannesburg / London: GlaxoSmithKline Plc plans to take a significant stake in Aspen Pharmacare Holdings Ltd to strengthen its partnership with the South African drugmaker, people familiar with the situation said.
The move, which could be announced in ...
From TIISETSO MOTSOENENG AND BEN HIRSCHLER,
livemint.com,
25 Mar 2009
South African stocks remained weak at midday on Friday with resources dominating the losers' board on profit-taking and lower base metal prices, traders said. By noon, the all-share index was down 1,12%, weighed by a 2,13% drop in resources. The gold- ...
South African stocks were lower at midday on Friday in line with overseas markets on global inflation worries, but volumes were light ahead of the United States inflation data later in the day, traders said. At noon, the all share index was down 0,94%. ...
South African stocks remained deep in the red at noon on Tuesday in tandem with overseas markets on inflation worries amid the soaring price of crude oil. At 12.03pm, the all-share index was down 1,68%. Resources fell 1,59%, while the gold- and platinum- ...
South African stocks were lower at noon on Monday in tandem with overseas markets, but gains among selected miners capped the losses, traders said. At noon, the all-share index was down 0,44%. Resources gained 0,32%, the gold mining index was up 1,31% ...
South African stocks remained firm at noon on Friday on miners, amid a recovery in commodity prices, but banks and financials capped gains on profit-taking following recent strong runs, traders said. "Banks have had a strong run recently. We are seeing ...
Stocks were sharply weaker at noon on Wednesday, led by miners on weakening metal prices, while renewed concerns over the United States economy added to selling pressures, traders said. At midday, the all-share index was down 0,96%, weighed by a 2,72% ...
