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Food and beverage company PepsiCo South Africa, through its subsidiary Pioneer Foods, will acquire the remaining 50% stake in Futurelife Health Products. It bought an initial 50% interest in Futurelife Health Products in 2015.
Zimbabwe's treasury has announced measures to encourage the use of the local dollar as opposed to the US dollar, in a bid to boost the local unit and tame rising consumer inflation...
PepsiCo sub-Saharan Africa has launched Basumi Trust, a R1.6 billion ($109 million) Broad-based Black Economic Empowerment (BBBEE) employee share ownership plan (ESOP).