Wipro Consumer Care snaps up Canway Corp
Wipro Consumer Care and Lighting (WCCL) has announced that it has signed a definitive agreement to acquire Canway Corp, according to a report published by LiveMint.
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Wuhan set to launch CBD beauty range in South Africa
Wuhan is gearing up to launch its premium CBD cosmetics line in pharmacies, convenience stores and hotels across South Africa.
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IFF freezes Frutarom pay as ‘improper payments’ uncovered
International Flavors and Fragrances has warned that it may freeze payments to several former senior employees of Frutarom linked to the ‘improper payments’ uncovered back in summer, according to a report published by CTech by Calcalist.
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PZ Cussons to delist from Ghana Stock Exchange?
PZ Cussons has announced that it intends to de-list from the Ghana Stock Exchange, according to a report published by Modern Ghana.
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Nivea to launch Vaseline rival onto African market
Beiersdorf-owned Nivea is going head to head with its rival FMCG manufacturers for dominance over the African market. Having recently dedicated part of its marketing budget to building its association with the fashion industry, a strategy favoured by L’Oréal, the...
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Nivea continues to invest in African fashion; sponsors Accra Fashion Week 2019
Nivea has confirmed its commitment to supporting Africa’s fashion industry as title sponsor of the recent Accra Fashion Week, held earlier this month. Nivea’s sponsorship fits well with its parent company’s ambition to grow its business across the continent. The...
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Aqua Bio Technology partners with DBK Pharmaceutical to take Moana Skincare to Egypt
Aqua Bio Technology has entered into an agreement with DBK Pharmaceutical for the latter to distribute the former’s Moana Skincare brand in Egypt. Egypt will be Aqua Bio Technology’s first foray into the African continent, the brand has already launched in Kuwait as...
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Unilever Israel shrinks pack size as production costs soar
Unilever Israel has announced that it will be increasing the effective price of select products by ushering in smaller pack sizes, in order to recoup increased production costs, according to a report published by Globes. The Anglo Dutch FMCG retailer is said to have...
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PZ Cussons: Market conditions will remain challenging
PZ Cussons has warned that it expects market conditions to remain challenging across its key geographies for the balance of the first half of the year. In a trading statement published last week, the manufacturer of Carex and St Tropez flagged the fact that its key...
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Teddy Sagi snaps up Wow Cosmetics
Billionaire Teddy Sagi has struck a deal to acquire Israeli make-up brand Wow Cosmetics for US$15.7 million via his London-based Fiver firm, according to a report published by Globes. The deal will allow the brand to launch an e-commerce site as well as expand its...
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