Botswana has been ranked as the most prosperous economy in Africa for the second year in a row in the 2013 Legatum Institute Prosperity Index
Finance
Aspen Pharmacare to buy GSK’s drug brand for US$1.13 billion
South African generic drug maker Aspen Pharmacare will buy GlaxoSmithKline’s (GSK) blood-clotting thrombosis drug brands and its manufacturing factory for US$1.13bn
Parker Hannifin and BMG sign sub-Saharan Africa distribution partnership
Parker Hannifin Corporation has signed a strategic partnership agreement with Bearing Man Group (BMG), as part of a deal to increase the availability of products and customer support for both companies throughout South Africa and the wider sub-Saharan African region
Finnish and African journalists to investigate sustainable projects and partnerships
A group of journalists from Africa, the USA, the UK and Finland will travel to South Africa this week as part of a tour organised by the Ministry for Foreign Affairs of Finland, which will see the journalists visit several cooperation projects between Finland and South Africa
Econet Wireless Zimbabwe launches Steward Bank
Econet Wireless Zimbabwe has a launched a new bank following its acquisition of TN Bank in January 2013, according to TN Bank CEO Kwanele Ngwenya