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bidvestlatest news & developments
An alleged undocumented Congolese was appointed by the BMF, which is still reeling from rape charges against its suspended president Andile Nomlala

Fraud allegations rock Black Management Forum

An alleged undocumented Congolese was appointed by the BMF, which is still reeling from rape charges against its suspended president

Stained: A laundry tender at the Nelson Mandela Children’s Hospital is at the centre of a dispute that has been lodged between MMK Industrial Laundry and Bidvest subsidiary First Garment Rental. (Mujahid Safodien/AFP)

SME airs dirty laundry on ‘fronting’

A small business is accusing a Bidvest-affiliated company of turning its partnership one-sided

A closed sign hangs on the drive through of a KFC restaurant after problems with a new distribution system in Coalville

KFC falls fowl in Britain with chicken run

Hundreds of KFC outlets remained shut in the the UK due to a supply crisis after the company changed delivery partners

Ramaphosa said the ANC wanted government to start farmer support programmes. (Delwyn Verasamy/M&G)

Frenzy of misinformation at the Nasrec expo centre

Fake news about each factions — and their strategies to take down the competitions — abound at #ANC54

Bernard Parker

SA football agents to be prosecuted for price fixing

A statement released by the Competition Commission, SAFIA and its members "agreed to charge soccer players and coaches a standard 10% commission fee".

Failed takeover bid takes toll on Adcock

The healthcare company has posted a loss in the wake of a failed stock offer.

Rand bubbles to the top as volatility subsides

The South African local currency is expected to continue strengthening as low volatility and high returns attract investors.

South African doctors are giving antibiotics to healthy patients, a new study revealed. (Gallo)

CFR: Opposition to Adcock offer is to deter foreign buyers

The drawn-out battle for Adcock now sees CFR’s offer for Adcock now facing resistance from the PIC, which says the offer is not up to scratch.

Bidvest sues Adcock over CFR deal finance

A day after putting in an offer to acquire part of Adcock Ingram, Bidvest is taking the company to court over an "unlawful" guarantee.

Adcock

Adcock rebuffs Bidvest, still wants Chile deal

Drugmaker Adcock Ingram says the $1.2-billion takeover bid from CFR Pharmaceuticals is still the best option, despite Bidvest’s offer.

Bidvest attempts to torpedo $1.2bn Adcock takeover

A Chilean group’s $1.2-billion bid for Adcock Ingram has been challenged by a court action from Bidvest.

Bidvest has put in a R4-billion counter-bid for pharmaceuticals company

Bidvest bids R4-billion for Adcock to counter CFR

Bidvest has put in a R4-billion offer for pharmaceuticals company Adcock, countering that of Chilean company CFR Pharmaceuticals.

Bidvest Group chief executive Brian Joffe. (Gallo)

Bidvest planning for Joffe’s departure

A senior team is already in place at Bidvest, tasked with filling the gap that will be created by chief executive Brian Joffe’s departure.

Generic medicine produced locally are the cornerstone of affordable healthcare.

Decision on Adcock offer imminent, says CFR

Chile’s largest drugmaker will decide within weeks whether to make a binding offer for Adcock Ingram Holdings.

Adcock takeover offer may push company value to $1.5bn

Adcock Ingram, SA’s largest supplier of hospital products, may gain a further 12% from a 30-month high after it got takeover offers.

Bold bid to win a bigger slice

Bold bid to win a bigger slice

Bidvest Bank says its decision to cap fees at R72 a month does not signal a price war with the big four banks in South Africa.

The rock star in Bidvest’s Joffe

Brian Joffe had everyone eating out of his hands. He was the perfect mix of irreverent, funny and informative.

Bulky Bidvest not appealing to all

Bulky Bidvest not appealing to all

The conglomerate remains an investor favourite but its size also counts against it.

Bidvest to take a sip of Icelandic Glacial

Bidvest will buy 14.59% of Icelandic Water Holdings for $13.5-million, the Icelandic spring water producer has said.

Bidvest first-half profit up

South African industrial conglomerate Bidvest booked a 9,1% rise in half-year profit.