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In what must count as a pretty quick global courtship they first made their intentions clear in May Heineken has secured the support of a majority of Distell shareholders for an outright acquisition.
Heineken NV has agreed to buy South African wine and spirits maker Distell Group Holdings Ltd. for 2.2 billion euros ($2.5 billion), creating a new regional group to compete with larger rival Anheuser-Busch InBev SA and spirits giant Diageo Plc.
1832 Asset Management L.P. raised its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 91.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,167 shares of the consumer goods makers stock after purchasing an additional 5,319 shares during the period. 1832 []
Anheuser-Busch Inbev SA Sponsor found using ticker (BUD) now have 9 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 92 and 57 calculating the average target price we see 75. Now with the previous closing price of 60.01 this is indicating there is a potential upside of 25.0%. There is a 50 day moving average of 57.64 while the 200 day moving average is 65.62. The market cap for the company is $118,135m. You can visit the company''s website by visiting: /> [stock_market_widget type="chart" symbol="BUD" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Anheuser-Busch InBev SA/NV engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck''s, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.

SA new COVID-19 rules after border reopens on 23 November

09:41am, Monday, 15'th Nov 2021 Kalkine Media
Highlights South Australia is opening up borders from 23 November 2021. Fully vaccinated citizens will be isolated for seven days, unvaccinated for 14 days. Authorities to chalk out a plan to trace, test and isolate COVID-19 cases. The state government of South Australia has today announced more details on border reopening plans. In just another week, the region will welcome visitors and citizens. However, there is a lack of detail around COVID-19 management plans in schools. Current COVID-19 situation & change in plans- South Australia''s double vaccination rate is at present only under 74 per cent. The state premiere does not want to change the public health and social measures until the state reaches a 90 per cent vaccinated rate. However, SA will be very significantly reducing the tracing, testing and isolation or quarantine requirements. Under the new rules outlined today, the state government has even changed the definition of close and casual contacts. The guidelines now have a new category of low-risk casual contacts.
President Cyril Ramaphosa has highlighted the roles that community-based groups and civil society organisations have played in supporting the country''s response to the coronavirus pandemic and that government wanted to build on this through the new Social Employment Fund.
South African insurtech startup OneSpark has launched what it claims is the worlds first AI-powered, pay-as-you-need, P2P life insurance product in a bid to make policies more efficient and affordable. Disrupt Africa reported late last year on the launch of OneSpark, powered by a significant, dollar-based funding round secured in October. At launch, the startup [] The post SAs OneSpark launches AI-powered, pay-as-you-need life insurance product appeared first on Disrupt Africa .

Heineken to buy South Africas Distell for R38.4 billion

07:58am, Monday, 15'th Nov 2021 BusinessTech
Heineken agreed to buy South African wine and spirits maker Distell Group Holdings for 2.2 billion euros (R38.4 billion), creating a new regional group to compete with larger rival Anheuser-Busch InBev and spirits giant Diageo.

SAs new COVID rules after November 23

12:52am, Monday, 15'th Nov 2021 IN Daily
The post SAs new COVID rules after November 23 appeared first on InDaily .
The post Just three companies repay JobKeeper as SA listed firms claim $54 million appeared first on InDaily .
If you want to know everything that is right and wrong about SAs procurement process, there is no better place to start than Reipppp 5.
Like a friend in need of some cash, Eskom wants the government to pay R200 Billion of the power utilities massive R400 Billion debt.

SA to sell coal-fired power plants

07:15am, Sunday, 14'th Nov 2021 Zimbabwe Situation
Source: SA to sell coal-fired power plants | Sunday Mail (Business) Key South African government ministers have reached a broad agreement to sell some of the state power utilitys coal-fired power plants to help reduce its debt burden, Finance Minister Enoch Godongwana said. The accord comes two years after the plan was first raised in [] The post SA to sell coal-fired power plants appeared first on Zimbabwe Situation .
Im pretty sure the energy minister doesnt speak for Africa. He shouldnt even be speaking on behalf of SA
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