NEWS ANALYSIS: Former Woolworths MD tipped to lead Edcon
22/09/2016 - 12:21
FORMER MD of retail at Woolworths Andrew Jennings, has been tipped as a possible contender to head the new Edcon board, which will have the near-impossible task of growing profit in one of the most hostile trading environments in the group’s 86-year history.
South African whisky imports drop 9% in the first half of 2016
21/09/2016 - 10:59
SOUTH African Scotch whisky imports decreased 9% during the first half of 2016 to 18.7-million bottles but SA moved one spot higher to being the seventh-largest export market for the product, according to the Scotch Whisky Association.
Corruption and economic stagnation are to be expected as SA ranking plummets to 105
15/09/2016 - 12:08
The Economic Freedom of the World Index (EFW) is a positive indicator for desirable living conditions. For any country, the higher the EFW score, the more likely that country is to enjoy greater prosperity, a broader and friendlier civil society, and an intrinsic attractiveness to people from other lands. A country with greater economic freedom is better able to support a larger population on any given land area and physical resource base. The migration crisis of recent years is testimony to the government policy failures and resulting conflicts in those countries that tend to export their people rather than their products. It is also a rebuke to those refugee recipient countries that fail to exhibit consistently, or at least to recognise and articulate, the principles of good governance and freedom of exchange.
Tribunal wants audit of all Lewis credit deals
15/09/2016 - 08:33
IN ITS first substantial ruling against a listed company, the National Consumer Tribunal has ordered Lewis Stores to oversee an independent audit of all the credit agreements it has entered into since 2007.
Cashbuild cashes in, sees strong rise in earnings
31/08/2016 - 08:44
CASHBUILD is cashing in on being Southern Africa’s largest retailer of building materials and associated products, selling directly to cash and card-paying customers through 284 stores in SA, Namibia, Lesotho, Botswana, Swaziland, and Malawi.