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

EXPLAINER - Why some sports stars are worth more than companies.

An 18-year-old footballer valued at more than R6 billion has reignited a global debate: how do we really put a price on modern sports stars? Following a new long-term contract at Barcelona, teenage sensation Lamine Yamal has been named the world’s most valuable footballer — outranking established global icons and…
15 Jan 3PM 22 min

Why central bank independence matters.

GUEST – Prof Jannie Rossouw - Honorary professor at Wits Business School and economist at Altitude Wealth Central bank independence refers to a central bank’s ability to formulate and implement monetary policy - such as setting interest rates and managing liquidity - without direct control or interference from the political…
15 Jan 3PM 19 min

South Africa at Davos 2026: The Investment Message SA Is Taking to the World.

GUEST - Neville Matjie, CEO of Brand South Africa As global leaders gather in Davos under the theme “A Spirit of Dialogue”, South Africa is stepping onto one of the world’s most influential stages to make its investment case amid heightened geopolitical tension, economic uncertainty and rapid technological change. With…
15 Jan 3PM 10 min
All episodes