Falling exports take their toll on SA’s current account deficit
09/12/2016 - 12:07
SA’s current account deficit widened more than expected in the third quarter, as the value and volume of exports fell amid weaker output data from the productive sectors of the economy.
Retailers make inroads into the African market
01/12/2016 - 09:17
While African economies have suffered some setbacks as a result of a weakened global economy, the continent is still attractive in the long term.
Edcon aims to win hearts and reap rewards in peak season
24/11/2016 - 09:02
The season, which runs from October to December, is driven by holiday and back-to-school shopping. Edcon has historically generated a third of its annual sales in this quarter.
Edcon returns to profit after Bain cedes control
23/11/2016 - 08:37
Edcon returned to profit in the second quarter after debt repayment costs eased following the exit of US private equity firm Bain Capital, while the retailer cleared unwanted stock to boost sales over the busy festive period.
2016 a particularly disruptive year for entrepreneurial landscape
21/11/2016 - 10:37
Many local entrepreneurial businesses have the potential to thrive under pressure. However, in the midst of a volatile economy small and medium enterprises (SMEs) do require a particular level of certainty to flourish and implement growth strategies.