Janice Kew
Reporter at Bloomberg News
ll Covering healthcare and consumer companies for Bloomberg News ll Based in Johannesburg || Retweets aren't endorsements ll Views are my own ll
Articles
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1 week ago |
bloomberg.com | Katlego Mtshali |Janice Kew
(Bloomberg) -- Tiger Brands Ltd. surged to a seven-year high after South Africa’s biggest listed food producer lifted its interim dividend and said it would also pay a special dividend after profit climbed 34%. The maker of Albany bread and Jungle Oats plans an interim dividend of 4.14 rand a share for the six months through March and a special payout of 1.8 billion rand ($100 million), or 12.16 a share, it said in a statement Wednesday.
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1 week ago |
bloomberg.com | Janice Kew
Smartphones for sale in Pretoria, South Africa. Photographer: Waldo Swiegers/Bloomberg(Bloomberg) -- Pepkor Holdings Ltd. has increased its lead as South Africa’s biggest seller of mobile phones using prepaid wireless plans, with demand for access to online financial services spurring appetite. Mobile-handset sales at Africa’s largest clothing retailer jumped 17% to 6.8 million handsets in the six months through March, with smartphones accounting for about 65% of that.
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1 week ago |
bloomberg.com | Janice Kew
Sean Summers(Bloomberg) -- South African retailers are opening too many new stores, putting their financial viability at risk, according to Pick n Pay Stores Ltd. Chief Executive Officer Sean Summers. The top five retailers in Africa’s most-industrialized economy opened more than 700 stores last year, according to company filings. They have set up 230 already this year.
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3 weeks ago |
bloomberg.com | Janice Kew
(Bloomberg) -- South Africa will ensure its HIV-AIDS treatment program doesn’t collapse despite the withdrawal of support from the US, and 659 million rand ($36 million) has already been allocated to extend access to antiretroviral drugs, Health Minister Aaron Motsoaledi said. South Africa has the world’s biggest HIV epidemic and about 17% of the funding for its response has come from America’s President’s Emergency Plan for AIDS Relief, or Pepfar.
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3 weeks ago |
bloomberg.com | Janice Kew
Hi, it’s Janice in Johannesburg, where I’ve recently been reminded that having good manners matters. But first... I raised my 12-year-old son so that he always says his please and thank yous. He’s so well-mannered that he now even utters those magic words to chatbots.
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South Africa may become a flashpoint for the fight for affordable and available diabetes drugs, without patients having to return to using glass vials and long syringes. @naomikresge https://t.co/pjqjhSikST
RT @pburkhardt: The rusty end to a hidden debt scandal: A tuna fishing fleet at the center of a $2 billion corruption affair, which scuttle…
Doctors Without Borders (MSF) Southern Africa led a march with more than 400 hundred supporters on Nov. 14 to the local Novo Nordisk headquarters to picket over both the cost and lack of availability of insulin pens. #diabetes https://t.co/Yz43vpq59T