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Truworths profit at nine-year low as profit plunges over 70%

16/08/2019 - 11:52

Shares in Truworths slumped to a nine-year low on Friday morning after the fashion retailer reported a 74% slide in profits amid difficult trading environments in SA and the UK. 

The group’s shares slipped 4.3% to R55.40 in early trade, the worst level since August 2010. In its results for the year ended June 2019, released late on Thursday, Truworths said after-tax profits fell 74.1% to R691m, as compared with R2.66bn in 2018. Headline earnings per share were 8.5% lower from R6.12 in June 2018 to R... 

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UnionPay cards - the largest card scheme in the world - now accepted at all Pick n Pay stores across SA

16/08/2019 - 11:11

UnionPay International (UPI) has announced significant progress in the South African retail payments market through their co-...

Pernod Ricard SA to centralise operations with Johannesburg move

16/08/2019 - 10:27

In a move set to enhance cohesion, collaboration and efficiencies, Pernod Ricard South Africa (PRSA), a co-leader of wine and...

Why equipment finance makes sense for your SME

15/08/2019 - 15:26

Every business, be it in retail, agriculture, and even tech, simply cannot operate without the necessary equipment to run the...

RCL Foods slumps 10% as sugar tax does big damage

15/08/2019 - 14:02

RCL Foods, which owns Rainbow Chicken and Selati Sugar, fell as much as 10.5% after warning it had written down its sugar uni...

Lidl introduces reusable fruit and veg bags

15/08/2019 - 11:29

The ‘Green Bags’, priced at 69p for two, provide customers with a reusable alternative to single-use, small fruit, and ve...

Letibalm introduces new look and a new addition to the famil...

Blowing the nose frequently, because of allergies, colds or flu, can leave the delicate skin around the nose and lips chapped, red and sore. Letibalm, formulated specifically to protect and care for the lips, nose and the skin in-between, now has an improved formula and there’s a new addition to the family – new Letibalm Junior Nose and Li... READ MORE

Jordan launches leading sustainable toothbrush

Leading specialist Health & Beauty distributor, ACDOCO SA has announced that it will be launching Jordan’s award-winning Green Clean sustainable toothbrush range. 90% of the total product (including packaging) is made of recycled materials, minimizing resource use and giving materials a new life. READ MORE

Pioneer Foods in joint venture launch of all-natural sugar r...

Everyone knows that a diet high in sugar is damaging to your health, and contributes significantly to the obesity epidemic worldwide. Sugar has become public enemy No 1. But how does one find a suitable replacement when retail shelves are full of different sweeteners all claiming to be natural and healthy alternatives to sugar? READ MORE

Vital Health Foods launches premium range as wellness indust...

Bolstered by the overall category growth, Vital Health Foods – Africa’s leading manufacturer of complementary medicines and health supplements (IRI Aztec 2018) – has launched their new premium scientifically-formulated Vital Health Science range; a suite of health products that have been expertly formulated with high quality raw material... READ MORE

Simonsig Kaapse Vonkel Satin Nectar Rosé 2017 makes a debut...

Following the growing popularity for great quality pink bubbly that is softly sweet and instantly alluring, Simonsig is excited to introduce Kaapse Vonkel Satin Nectar Rosé 2017. READ MORE

Rhodes Quality introduces two new flavours to their Chakalak...

Chakalaka is a uniquely South African favourite. Born out of the townships of SA it’s a delicious, spicy dish made with onions, tomatoes and often beans. It has been a staple at the family dinner table for generations and is usually served hot or cold, over pap, with meat dishes, bread and more recently in favourites like stews, pastas, and ... READ MORE

Bavaria celebrates SA’s indomitable women & mothers this #...

As South Africa celebrates Women’s Month this August, Bavaria magnifies and highlights the vital role that women play in society: the mothers who raised us, and the daughters who continue to bind families together. Women are a source of power and a symbol of progress. Indeed, they are the very fabric that weaves our great nation together. READ MORE

Pasta Salad with Malay Spiced Meatballs and Chunky Mango and...

Home of all things Malay, the Western Cape inspired this tasty pasta salad. Made with a chunky mango coriander salsa and topped with Malay-spiced meatballs, this dish is as diverse in flavour as the Cape’s cultures. READ MORE

Creamy Smoked Snoek Pasta

Think of smoked snoek, and one thinks of the West Coast. This creamy smoked snoek pasta dish has typical Cape-style flavours, with a touch of Italian style. READ MORE

Pasta Grandé launches search for the biggest, most generous...

What is a “lekker” South African flavour? Is it in the roasting of freshly ground coriander seeds that will coat your biltong and spice your boerewors? Is it in the braaivleis fire smoke when your Karoo lamb tjoppie releases its first fat on the coals? Is it in the cinnamon, gingery aroma that fills a Bo-Kaap kitchen when a tomato bredie i... READ MORE

SASKO to sponsor third annual Soweto Kota Festival

The 3rd annual Soweto Kota Festival will take place on 7 and 8 September 2019, and SASKO, the experts in milling and baking, is proud to announce it has renewed its sponsorship for a third year. READ MORE

KWV Brandy continues its celebrations with another top perfo...

KWV Brandy is proud to announce that it cinched another award in a major spirits competition. READ MORE

Letibalm introduces new look and a new addition to the family - Letibalm Junior Nose and Lips Repair Fluid Jordan launches leading sustainable toothbrushPioneer Foods in joint venture launch of all-natural sugar replacement - Freesweet Vital Health Foods launches premium range as wellness industry boomsSimonsig Kaapse Vonkel Satin Nectar Rosé 2017 makes a debut Rhodes Quality introduces two new flavours to their Chakalaka range

Letibalm introduces new look and a new addition to the famil...

Blowing the nose frequently, because of allergies, colds or flu, can leave the delicate skin around the nose and lips chapped, red and sore. Letibalm, formulated specifically to protect and care for the lips, nose and the skin in-between, now has an improved formula and there’s a new addition to the family – new Letibalm Junior Nose and Li... READ MORE

Bavaria celebrates SA’s indomitable women & mothers this #WomensMonthPasta Salad with Malay Spiced Meatballs and Chunky Mango and Coriander SalsaCreamy Smoked Snoek Pasta Pasta Grandé launches search for the biggest, most generous South African pasta dish  SASKO to sponsor third annual Soweto Kota Festival KWV Brandy continues its celebrations with another top performance at spirits competition

Bavaria celebrates SA’s indomitable women & mothers this #...

As South Africa celebrates Women’s Month this August, Bavaria magnifies and highlights the vital role that women play in society: the mothers who raised us, and the daughters who continue to bind families together. Women are a source of power and a symbol of progress. Indeed, they are the very fabric that weaves our great nation together. READ MORE

 

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