Category: Business

Natco Pharma Clears Key Hurdle in ZAR 4B Adcock Ingram Bid

Natco Pharma clears key shareholder hurdle in ZAR 4B bid for 35.75% stake in Adcock Ingram. The deal marks a strategic entry into South Africa's pharma market, with Bidvest retaining majority control.

EPRA Announces Petrol Price Drop to Benefit Consumers Amid Global Shifts in Oil Prices

The Energy and Petroleum Regulatory Authority (EPRA) has announced a decrease in fuel prices effective from July 15 to August 14, 2024. This comes amidst global fluctuations in oil prices that have seen the average landed cost of imported super petrol drop by 4.65%, and diesel by 1.19%. Consumers in Nairobi will see corresponding decreases in prices at the pumps.