Paramount Group | The African Business Journal

Leaders in Defence & Security Innovation

Tabj.co.za is an online magazine that brings you the latest South Africa Business News from the best and most popular Business Magazines in South Africa and the region. Read all about the latest business developments in South Africa and the surrounding region, as well as political news and updates. On this website, you can find articles from industry experts and African American Business People that will show you the inside of the business world of South Africa. Moreover, we also make sure to regularly update our South African Historical Journal detailing many events from this country’s history and significant events. If you want to stay in the know be sure to subscribe to The African Business Journal News newsletter and follow and like us on our social media profiles. Welcome to the best online news and magazine portal for South Africa Business News.

Big Pharma and Africa

Shriveled by a sluggish global economy and the gradual collapse of the pharmaceutical market in the United States and on the old Continent, large global groups are considering a new look the African market. It began a decade ago and became the trend. Euler Hermes saw a 17% increase per year in Africa and Asia by 2015 – compared to only 1.3 percent in North America and 0.4 percent in Western Europe. For many years, developed countries have been privileged. But today, their health insurance systems go wrong and Labs there are more and more involved. So, they seek growth drivers, particularly in Asia and Africa.