CIC HOLDINGS LIMITED
DISTRIBUTION SOUTH AFRICA
UK: M&S reports second year of profit decline on fashion-line woes
21/05/2013 - 09:06
Marks & Spencer Group Plc (MKS), the U.K.’s largest clothing retailer, said annual profit fell 5.8 percent as consumers spent less on its fashion goods, even as food sales increased.
Shoprite dismisses plans to close Tanzania shop
21/05/2013 - 08:56
The South African supermarket chain, Shoprite, which invested its business in the country some years ago has dismissed recent speculations regarding the imminent closure of some of its stores and possible exit from Tanzania for good.
Zimbabwe: Lifestyle Holdings introduce TN Virtual Mart
14/05/2013 - 08:46
Diversified company Lifestyle Holdings has introduced a TN Virtual Mart — where it will deliver groceries to its clientele’s doorstep, as competition in the country’s retail sector intensifies.
Imperial takes African logistics leap with acquisition of Nigeria’s MDS
14/05/2013 - 08:18
Imperial Holdings has gained a foothold in Nigeria’s fast-growing logistics market with the acquisition of a 49 percent stake in leading Nigerian provider MDS for $26 million (R237m) in cash.
Namibia: Give poultry industry protection
13/05/2013 - 11:18
A Namibia Trade Forum official has defended proposed government plans to grant interim protection to the local broiler industry against cheap imports.