Switzerland-based navigation device maker Garmin said it has acquired Garmin Distribution Africa Ltd. (GDA), the distributor of Garmin's automotive, outdoor recreation, fitness and marine products in Southern Africa, and Garmap Ltd., a South African mapping and mobile applications provider. GDA will be renamed Garmin Southern Africa Ltd. and will continue operations at its current headquarters and warehouse facility located near Johannesburg, which employs some 70 people. Financial terms of the transaction were not disclosed. |
South African company Exxaro Resources said one of the options it currently considers is dismissing striking coal mine workers who fail to return to work in the week of March 25, fin24 reported ... more
South Africas telecommunication operator Telkom said that it has not made a decision on retrenching 13,000 employees, or more than half of its staff, TechCentral reported quoting a company ... more
Oryx Energies, a major independent provider of oil and gas products and services in Africa, has agreed to buy the South African liquefied petroleum gas (LPG) distribution businesses of BP and ... more