JOHANNESBURG The U.S. Food and Drug Administration (FDA) has approved Aspen Pharmacare's hydroxyprogesterone caproate (HPC), which is used to prevent preterm birth in pregnant women, the South African drugmaker's CEO said on Thursday.
* Intends to restart heparin supply to third-parties
* Riots sparked reprisal attacks on S. African business in
* Scraps dividend
(Adds scrapping of dividend, details and forecast)
JOHANNESBURG South African retailer Woolworths Holdings Ltd reported a 2.1% drop in annual earnings on Thursday but cheered investors with a turnaround in its Fashion, Beauty and Home business that had weighed on sales.
JOHANNESBURG South African food services firm Bid Corporation Ltd (Bidcorp) said on Wednesday it expects to finalize talks on the sale of its UK logistics business by October, leaving the group free to focus on its main operations.
* Group expanded into Vietnam
(Adds more detail on UK Logistics business, Vietnam, China)
JOHANNESBURG, Aug 27 Imperial Logistics Ltd
expects to wind up its loss-making consumer
packaged-goods (CPG) business in South Africa by the end of
September and is also considering disposing of its shipping unit
in Europe as it overhauls its operations.
JOHANNESBURG Shoprite Holdings missed full-year earnings forecasts on Tuesday, hit by inventory shortages in South Africa and currency devaluations in the rest of Africa, which overshadowed an improved second half in its home market.
* Major financial restructure of Office is not being
(Recasts with possibility of Office store closures)