South African generic drug manufacturing company Cipla Medpro plans to expand into Africa to accelerate growth, the Business Day newspaper reported. The company will announce partnership with a Nigerian company by the end of the year, the company's CEO, Jerome Smith, was quoted as saying. According to the executive, Cipla Medpro also plans to launch products in Tanzania and Kenya in 2012 and is exploring opportunities in Ghana. Cipla Medpro, which was created from a joint venture between Cipla International and South African company Medpro Pharmaceutica, manufactures 40bn tablets per year and exports to 170 countries worldwide. |
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