ARTICLES RELATING TO EXPANSION

Kauai to roll out stores in Europe and Asia

2019-07-30 12:01

Natural food franchise Kauai is set to follow in the footsteps of Nando’s, as it is set to expand its global footprint by rolling out franchises in Europe and Asia, according to a statement from Real Foods, the business’s owner.

Net1 eyes global expansion

2017-11-11 11:00

Net1 UEPS, parent company of Cash Paymaster Services, which manages the payout of SA's social grants, has employed a fintech veteran to spearhead global expansion plans.

Beware those offshore expansions

2017-10-26 09:20

When announcing that they are expanding offshore, companies are quick to point out potential synergies, savings and profits. But often such moves are expensive, with the shareholders paying.

Steinhoff plans Africa spin-off after R40bn expansion

2017-05-17 23:17

Steinhoff International plans to list its African assets separately as the acquisitive retailer seeks a new prize for shareholders following this year’s failed merger talks with Shoprite.

H&M unveils new brand as it seeks to revive profit

2017-04-10 18:25

Hennes & Maurita announced the addition of its first new store brand in three years as the Swedish fashion retailer seeks to revive sales in key European markets.

Gold Fields to spend $1.4bn on Ghana mine

2016-10-25 19:17

Gold Fields will invest $1.4bn to extend the life of its Damang operation in Ghana by eight years.

The Wiese touch as Shoprite eyes markets outside Africa?

2016-08-24 10:27

Shoprite CEO Whitey Basson say the retailer will consider expanding outside Africa as the continent’s largest food retailer seeks additional fast-growing markets.

Aspen expands in China as it targets global growth

2016-07-20 09:11

Aspen Pharmacare Holdings is planning to increase its Chinese presence as Africa’s biggest maker of generic drugs ramps up distribution of its low-cost pharmaceuticals.

Dangote cement expands to Ethiopia

2015-06-05 11:30

Nigeria’s Dangote Group has opened a $500m cement plant in one of the fastest growing economies, Ethiopia, where a construction boom has fuelled a shortage of cement.

Fastjet to raise £50m to stage fund expansion

2015-04-01 16:45

African budget airline Fastjet says it intends to raise gross proceeds of at least £50m via a placing to fund the expansion of its operations.

 

Marine deal to unlock expansion for Hollard

2018-09-09 06:19

Insurance giant Hollard is looking to accelerate its expansion plans in more African countries following the announcement of its R5 billion share sale to Japanese insurer Tokio Marine.

Gautrain boosts property prices

2017-11-05 06:00

Since the establishment of the Gautrain station in Rosebank, northern Johannesburg, property prices in the area have rocketed.

Bidvest sees challenging trading environment for SA

2017-06-08 17:14

Bidvest Group, which has interests in expanding into catering space has said the local economic environment is a "major concern" and that it’s struggling to conclude government contracts.

MTN to pay R540m for stake in Iranian Net, plans to invest R3.4bn

2017-05-08 14:20

MTN is set to purchase a 49% stake in Iranian government-owned fixed broadband provider, Iranian Net for R540m with further investments likely to reach R3.4bn.

Ex-Standard Bank CEO makes a comeback

2016-11-17 14:32

Standard Bank has appointed former chief executive officer Jacko Maree as the board's deputy chairperson, as the lender builds its business on the continent.

Starbucks new tea line chases China’s $9.5bn tea market

2016-09-12 09:05

Starbucks plans to increase its global tea business to $3bn over the next five years as its starts selling its new line of tea drinks, known as Teavana, across the Asia Pacific region.

Discovery launches wellness programme in Japan

2016-07-22 09:52

Discovery is set to launch its behaviour programme, which rewards health and life insurance clients for healthy lifestyle choices and track their fitness, in Japan.

Nigeria’s Dangote Cement gains after plans to expand

2016-02-09 20:00

Nigeria's Dangote Cement share has risen sharply after the firm, majority owned by billionaire Aliko Dangote, announced plans to expand.

Fastjet seeks to expand SA investments

2015-05-09 09:00

Fastjet says it will seek more investors from South Africa after Old Mutual participated in its recent $75m initiative to raise capital.

Sasol mulls expanding $8.9bn Louisiana project

2015-03-09 14:53

Petrochemicals group Sasol could expand its $8.9bn cracker project in Louisiana, depending on market conditions, says its chief executive.

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