Kaya 959 Kaya Biz

SINESIPHO MANINJWA, CA (SA) AND FINANCIAL COMMENTATOR

Loading player...
Pioneer Foods and PepsiCo have teamed up to create a potentially leading food and beverage company in Africa after the world's third-largest food and drink company made an offer to acquire all of the outstanding shares of the South African packaged goods company for $1.7billion (R23.63bn).
PepsiCo has offered to pay R110 a share for the acquisition, representing a 56percent premium to the 30-day volume weighted average price prior to the cautionary announcement on July 15.
PepsiCo said the acquisition will be funded through a combination of debt and cash, and has been unanimously approved by the board of directors of both companies.
22 Jul 2019 12PM English South Africa Business News · Investing

Other recent episodes

ETFSA PANEL DISCUSSION: Excuse-Proof Investing: Turning Intent Into Action

Most people know they should invest. Far fewer actually do. In this special ETFSA panel discussion, Suzan Ramotshabi, Wendy Hlatshwayo and Gareth Stobie unpack the behavioural, emotional and practical barriers holding South Africans back from building wealth, and why successful investing is often more about habits than market expertise
30 Sep 1PM 52 min

Capitec's R9.5 Billion Question: What's Next?

Capitec delivered headline earnings growth of 19% to R9.5 billion while growing its client base to 26.6 million. But the bigger story may be what's driving that growth. CEO Graham Lee explains how fintech, insurance, payments and business banking are reshaping the future of the group and where the next…
30 Sep 1PM 10 min

Novo's New Strategy For South Africa

Novo Nordisk is now simply "Novo", but the rebrand goes far beyond a new name. Sara Norcross, VP and General Manager for South Africa, joins us to discuss obesity, hypertension, healthcare access and why addressing chronic disease has become as much an economic imperative as a healthcare one
30 Sep 12PM 16 min

Shadrack Sibiya Denies Grooming 16-Year-Old

Kaya News Reporter Keneiloe Huma joins Phemelo to unpack the latest developments in suspended, Deputy National Police Commissioner Lieutenant General Shadrack Sibiya’s bail application, including the allegations of rape, sexual grooming and human trafficking, which he denies.
29 Sep 3PM 9 min

From Spain to South Africa: Vukile's Next Growth Phase

Retail-focused property group Vukile Property Fund reported strong trading across its South African and European portfolios, supported by healthy sales growth, high occupancy levels and resilient leasing activity. CEO Laurence Rapp joins us to talk about expanding in Europe, integrating newly acquired Spanish and Italian assets, navigating currency headwinds and…
29 Sep 11AM 14 min
All episodes