...there. Ever since South African Breweries pioneered the African beer marketâand then went on to become the global titan known as SABMillerâSouth African companies have led the way on risky turf. Johannesburg cellular provider MTN was one of a handful of companies...
...Orbis Fund of Funds (5,7bn) and the AGO Global Equity Fund of R2,5bn. The top ten holdings in the Balanced Fund were: Remgro, SABMiller, MTN, Richemont, AngloGold Ashanti, Standard Bank, Sasol, Harmony, Sanlam and Sappi. Most of those names were also prominent...
...in Idea Cellular to the Aditya Birla group. Also, a similar notice was sent to Fosterâs India, which was acquired by global beer major SABMiller. Rajesh Chaturvedi, managing partner at Chaturvedi & Shah, said each cross-border transaction has to be examined...
...first couple of quarters, if ever. Rarely are JVs as quickly profitable as MillerCoors LLC, the American JV between Molson Coors and SABMiller PLC, which posted a 15% profit jump in its first quarter together. But if a companyâs problem is cash, a JV will...
...miners, African Rainbow was up R3,64, or 3,98%, to R95,14 and Exxaro firmed R3,80, or 5,94%, to R67,80. Among industrials, brewer SABMiller rose R7,70, or 5,02%, to R161, Bidvest added R3,25, or 3,23%, to R103,75 and Barloworld collected 55 cents, or 1,45%,...
...food retail sector, Tesco added 0.8 percent and Sainsbury put on 1.3 percent. Drinks company Diageo advanced 4.6 percent and brewer SABMiller added 2.6 percent after Coca-Cola Co and other defensive shares rose overnight. Rexam, the world's largest drinks...
...it. But the prospects for the beer maker are looking better with the Indian economy growing at 8,7% for the year ended March. SABMiller MD in India Jean-Marc Delpon de Vaux said consumer confidence and rising income levels were helping in accelerating the...
...the balance of economic power shifts from the west to the east over the coming years. These included luxury goods group Richemont, SABMiller and media group Naspers. Standard Bank would also benefit from an increasingly powerful China due to the 20% stake...
...Mazor, Amecor, Austro, ConvergeNet, Spescom, Buildworks and Beige. Some of the larger companies that were less than sanguine were: SABMiller, Barloworld, Rainbow, Investec and Nampak. Reunert, which has a lot of Eskom and telecomm related work, is double minded...
...Power believes will benefit most from growth in the domestic Asian economies, with luxury goods firm Richemont, media house Naspers, SABMiller and Standard Bank topping the list. "I like what Naspers is doing in places like China and Brazil, SAB have a good...