Kuseni Dlamini appointed non-executive chairman of Massmart
Issued by Brunswick South Africa on behalf of Massmart-Walmart - Apr 11th 2014, 14:40
Johannesburg – Massmart-Walmart today announced that Mr Kuseni Dlamini has been appointed as the independent Non-Executive Chairman of the Board of Massmart. Mr Dlamini takes over from Mark Lamberti with effect from 10 April 2014, who was recently appointed CEO of Imperial Holdings Limited.
Mr Dlamini brings significant corporate leadership experience to Massmart, having held a number of senior leadership roles across a wide range of businesses.
Massmart is not new to Mr Dlamini, who was a non-executive Director of the company from November 2006 until he stepped down in June 2011.
Mr Dlamini is pleased to take on this new role: “I have always admired Massmart and I am excited by the company’s future as part of Walmart International. I look forward to my renewed involvement and to working with the rest of the Board to deliver value for all stakeholders.”
David Cheesewright, Walmart International CEO, said: "Kuseni Dlamini is an outstanding business leader with deep experience in emerging markets and a global perspective on management and growth. Massmart has previously benefitted from Kuseni’s input as a member of the Board, and we are now looking forward to his leadership as Chairman.”
What Kraft Heinz’s write-down means for other consumer brands
27/02/2019 - 09:45
Shares of Kraft Heinz slumped 20% after the food company posted a quarterly loss, disclosed a Securities and Exchange Commission (SEC) investigation and wrote down the value of its Kraft and Oscar Mayer brands.
Big consumer brands roped into promoting re-usable containers
28/01/2019 - 08:17
In the environmentalists’ mantra “reduce, re-use, recycle” almost all of the attention has been paid to recycling. Now some of the world’s biggest consumer brands are trying to shift the focus to the second R, with a programme that provides products in reusable containers that can be returned for a refund.
The signs are here that South Africa has reached its economic crossroad
03/12/2018 - 11:37
While South Africa attempts to shore up its own economy amid high inflation rates and a stuttering inherited financial system, the continent as a whole continues to grow. The big question, though, is whether South Africa will get left behind in terms of international investment if it doesn’t improve its financial situation, and how to avoid this.
Henkel still recovering after US delivery problems
28/11/2018 - 09:58
Henkel, owner of consumer brands including Persil detergent and Schwarzkopf shampoo, says it is still working to win back shelf space for its products in the US after being hit by delivery problems early in 2018.
Egypt lifts SA fresh goods ban as listeriosis threat subsides
20/09/2018 - 14:32
The department of agriculture, forestry and fisheries says Egypt's government has lifted its temporary suspension of fresh fruits and vegetable imports from South Africa, which stood as a precaution to prevent the spread of listeriosis there.