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Sovereign shareholders continue to show overwhelming support for bee transaction and share buy-back

Sovereign shareholders continue to show overwhelming support for bee transaction and share buy-back

12/02/2016 - 15:02
Poultry producer Sovereign Foods today announced overwhelming shareholder support to continue with its BEE transaction and to return capital to shareholders simultaneously by means of a revised proposal to shareholders.  read more
SOEs no longer relevant will be phased out, says Zuma

SOEs no longer relevant will be phased out, says Zuma

12/02/2016 - 10:31
Cape Town - President Jacob Zuma took heed of calls from business that government should get rid of state-owned enterprises that are no longer relevant. read more
#SONA2016: Zuma ‘emphasised development plan’

#SONA2016: Zuma ‘emphasised development plan’

12/02/2016 - 10:22
#SONA2016 / Cape Town - South Africa’s representative at the Brics New Development Bank, Vice-President Leslie Maasdorp, said that emphasis on the National Development Plan was the highlight of President Jacob Zuma’s State of the Nation Address (SONA) on Thursday (11 Feb). read more
Zuma fails to appease investors, rating agencies - economist

Zuma fails to appease investors, rating agencies - economist

12/02/2016 - 10:17
Cape Town – President Jacob Zuma’s State of the Nation speech was filled with old ideas, according to Nomura emerging markets economist Peter Attard Montalto on Thursday (11 Feb). read more
‘Sit down Mr Zupta’, EFF tells Zuma

‘Sit down Mr Zupta’, EFF tells Zuma

12/02/2016 - 10:12
The opening of Parliament collapsed into chaos on Thursday evening, with a red sea of EFF MPs taking over proceedings and chanting, “Zupta must fall.” read more
SONA 2016: Optimists see growth spurt, pessimists see junk

SONA 2016: Optimists see growth spurt, pessimists see junk

12/02/2016 - 09:34
Cape Town – President Jacob Zuma’s State of the Nation Address on Thursday (11 Feb) was seen as an important moment for him to change some key policies and strategies to reverse the plummeting growth rate and economic collapse. read more
Opposition parties react to Zuma speech

Opposition parties react to Zuma speech

12/02/2016 - 09:26
While African National Congress members were quick to praise President Jacob Zuma’s State of the Nation Address, opposition parties were underwhelmed. read more
Malls and retail reveal some positive festive trade, despite bleak forecasts for the season

Malls and retail reveal some positive festive trade, despite bleak forecasts for the season

11/02/2016 - 16:14
The South African Council of Shopping Centres says there was some welcome good news coming out of the country’s malls and retailers at the end of 2015, notwithstanding tough trading conditions in local markets. read more
South African consumers say SA in recession, according to survey

South African consumers say SA in recession, according to survey

11/02/2016 - 15:00
SA is in recession and will not come out of it anytime soon, a majority of consumers who participated in a consumer confidence survey by global performance management company Nielsen Holdings said. read more
Groceries sector needs fewer walls

Groceries sector needs fewer walls

11/02/2016 - 14:48
In times of escalating prices of goods and services, vigorous competition between grocery retailers or supermarkets can result in a much-welcome price reprieve for consumers of basic foods. read more
Spar reports healthy growth in sales

Spar reports healthy growth in sales

11/02/2016 - 14:33
Johannesburg - Retail group Spar has increased sales by 14.1 percent from R24.5 billion to R28bn for the 18-week trading period to January, the company said yesterday (10 Feb). read more
Smaller two of the big four brewers scramble to up their game

Smaller two of the big four brewers scramble to up their game

11/02/2016 - 14:30
Anheuser-Busch InBev’s (AB InBev’s) $104bn takeover of SABMiller has not gone through yet, but is already shaking things up. read more
SA's low economic growth shrinking tax base

SA's low economic growth shrinking tax base

10/02/2016 - 11:10
Cape Town - Moody’s currently rates SA’s sovereign bonds two notches above junk status but has the country on a 'negative outlook' for a potential downgrade, says Overberg Asset Management (OAM) in its weekly overview of the SA economic landscape.  read more
Independent retailers gaining ground - study

Independent retailers gaining ground - study

10/02/2016 - 10:44
Johannesburg - South Africa is experiencing an emergence of profitable and sustainable independent retailers, a University of Johannesburg (UJ) study has found. read more
How SA business plans to save the economy

How SA business plans to save the economy

10/02/2016 - 10:11
Business leaders have offered an 8-point plan on how South Africa can avoid a rating cut to junk and further economic turmoil – and it involves taking on many taxes. read more
Massive job cuts at South Africa’s largest clothing retailer: report

Massive job cuts at South Africa’s largest clothing retailer: report

10/02/2016 - 09:49
South Africa’s largest clothing retailer, Edcon, is set to undergo massive job cuts at its head office in Johannesburg, according to reports. read more
Zuma Nkandla offer an “extraordinarily bad move”: legal expert

Zuma Nkandla offer an “extraordinarily bad move”: legal expert

05/02/2016 - 11:09
A public law expert says that President Jacob Zuma’s offer to pay back some of the money he owes for his Nkandla homestead is of little legal consequence – but the political stakes are huge. read more
Illovo sees dip in sugar output

Illovo sees dip in sugar output

05/02/2016 - 11:04
Johannesburg - Africa’s largest sugar producer, Illovo Sugar, is expecting sugar production to drop for the 2015/16 season due to the drought. read more
FreshStop Xanadu opens in Hartbeespoort as the 219th national store

FreshStop Xanadu opens in Hartbeespoort as the 219th national store

04/02/2016 - 11:32
Located just off the Hartbeespoort Dam Road (R511) at the Xanadu Eco Park, FreshStop at Caltex Xanadu opened its doors, on Thursday, 28 January 2016, as the 219th FreshStop at Caltex store in the national network. read more
DA rejects Zuma’s Nkandla offer

DA rejects Zuma’s Nkandla offer

04/02/2016 - 10:11
The Democratic Alliance has rejected President Jacob Zuma’s proposal to find a way to pay back some of the money for the upgrades done to his Nkandla homestead. read more
Food inflation in shock rise to 8.7%

Food inflation in shock rise to 8.7%

04/02/2016 - 10:07
Johannesburg - Food prices in South Africa rose by an average of 8.7 percent between December 2014 and December 2015, and neighbouring Lesotho yesterday declared a national emergency as the drought continued to hit farming communities across the southern African region. read more
SA's private sector activity still negative - PMI

SA's private sector activity still negative - PMI

04/02/2016 - 09:56
Johannesburg - Activity in South Africa’s private sector remained in decline at the start of 2016, a survey showed on Wednesday, with employment, new orders and output all falling since December. read more
Continued revenue growth for top South African retailers

Continued revenue growth for top South African retailers

03/02/2016 - 14:17
The digital divide; growing revenues, but retracting margins; and the success of retailers with a global footprint are amongst the key trends to emerge from Deloitte’s 19th Global Powers of Retailing report for 2016. read more
Andrew Trench joins Times Media as Digital Editor

Andrew Trench joins Times Media as Digital Editor

03/02/2016 - 12:05
Times Media is pleased to announce the appointment of Andrew Trench as Digital Editor of TMG. Trench, currently editor-in-chief of News24, will drive the digital content strategy across the Group’s titles such as TimesLive, SowetanLive, and BDLive amongst others. read more
Times Media announces new editorial appointments

Times Media announces new editorial appointments

03/02/2016 - 11:45
Times Media is delighted to announce a number of key editorial appointments within the Group: Financial Mail editor Tim Cohen has been appointed as editor of Business Day; Sibusiso Ngalwa has been appointed editor of the Daily Dispatch in East London; and Brett Horner as editor of the The Herald and Weekend Post in Port Elizabeth. read more
Busy new Tugela Ferry Mall and Jozini Shopping Centre in KZN secure more top retailers

Busy new Tugela Ferry Mall and Jozini Shopping Centre in KZN secure more top retailers

03/02/2016 - 11:36
The new multi-million rand Tugela Ferry Mall and Jozini Shopping Centre in rural KwaZulu-Natal has been trading very well since opening, and both have had an excellent festive season.  read more
Rand begins to slide again

Rand begins to slide again

03/02/2016 - 10:28
The rand lost further ground against the US dollar on Tuesday, after a move by the Reserve Bank to temper the local unit’s volatility. read more
Dim outlook for SA, warns World Bank

Dim outlook for SA, warns World Bank

03/02/2016 - 10:17
Johannesburg - The World Bank added its voice yesterday to a plethora of forecasts of dismal economic growth of less than 1 percent that Finance Minister Pravin Gordhan has promised to disprove when he tables his Budget. read more
Wine tourism may double by 2025 as rand tumbles

Wine tourism may double by 2025 as rand tumbles

03/02/2016 - 10:00
Johannesburg - Tourism based on South Africa’s wine industry has the potential to more than double in size in the next nine years as the declining value of the rand makes the country increasingly attractive to visitors, according to an organisation representing producers. read more
PnP partners with stokvel group

PnP partners with stokvel group

03/02/2016 - 09:57
Cape Town - More than 11.4 million people in South Africa collectively save about R49 billion a year through stokvels, and this number is set to increase as factors such as the weak rand, high inflation, increasing food and electricity costs put pressure on consumers’ budgets, making it difficult to save. read more
Recession alarm bells for SA grow louder

Recession alarm bells for SA grow louder

03/02/2016 - 09:38
Johannesburg - A bleak Barclays purchasing managers’ index (PMI) in January has signalled tough conditions in South African manufacturing and increased chances of a recession. read more
SA economy: Gordhan holds talks with CEOs

SA economy: Gordhan holds talks with CEOs

02/02/2016 - 09:59
Johannesburg - South African Finance Minister Pravin Gordhan met with top business leaders on January 29 to discuss steps to boost investor sentiment and avert a credit rating downgrade to junk. read more
Consumer trends vs brand loyalty

Consumer trends vs brand loyalty

02/02/2016 - 09:49
Cape Town - Reports on worldwide online consumer and e-commerce trends show a 20% increase in online sales in 2014, amounting to $1.5trn. read more
High red meat prices could mean a crash in the market

High red meat prices could mean a crash in the market

02/02/2016 - 09:42
Red meat sales are likely to plunge in the coming months as consumers resist price increases in beef, triggered by the drought. read more
Rate hike will be devastating blow for consumers

Rate hike will be devastating blow for consumers

29/01/2016 - 11:37
Cape Town - A widely expected rate hike by the South African Reserve Bank (Sarb) on Thursday is going to have a devastating impact on consumers, Debt Rescue CEO Neil Roets told Fin24. read more
Cape Town to get first Dunkin’ Donuts outlet

Cape Town to get first Dunkin’ Donuts outlet

29/01/2016 - 11:31
This country’s first Dunkin’ Donuts store will open in Cape Town by late June. read more
Allianz Risk Barometer 2016: Businesses face changing risk landscape

Allianz Risk Barometer 2016: Businesses face changing risk landscape

28/01/2016 - 15:59
The risk landscape for businesses is substantially changing in 2016. While businesses are less concerned about the impact of traditional industrial risks such as natural catastrophes or fire, they are increasingly worried about the impact of other disruptive events, fierce competition in their markets and cyber incidents.  read more
SA maize crop ravaged by drought

SA maize crop ravaged by drought

28/01/2016 - 15:08
Johannesburg - South Africa, the largest corn producer on the continent, will probably reap the smallest harvest since 2007 this year after the country suffered the lowest rainfall since records began because of the global El Nino weather pattern. read more
South Africa’s 5 biggest retailers vs. the world

South Africa’s 5 biggest retailers vs. the world

28/01/2016 - 15:02
A new report from Deloitte ranks the world’s 250 biggest retail groups, with five South African retailers making the grade. read more
SA bracing for stiff rate hike

SA bracing for stiff rate hike

28/01/2016 - 14:50
Cape Town - South Africans are bracing for an interest rate hike of up to 50 basis points on Thursday, as the rand hovers at record low levels. read more
Edcon staff fail in court bid to be reinstated

Edcon staff fail in court bid to be reinstated

25/01/2016 - 11:26
Thousands of workers retrenched by the Edcon group in 2013 and 2014 have had their hopes of reinstatement dashed by the Constitutional Court. read more
The price of everything is going up in SA

The price of everything is going up in SA

20/01/2016 - 09:04
Having lost over 30% of its value against the dollar in January, the weak rand is causing everything to go up in price – from food, to medicine, to technology. read more
Drivers protest Coke merger

Drivers protest Coke merger

20/01/2016 - 08:55
Johannesburg - About 30 independent drivers for Coca-Cola are staging a protest outside the Competition Tribunal, where prehearings into a merger between the soft drink maker and SABMiller are taking place. read more
Food makers can’t cope

Food makers can’t cope

19/01/2016 - 10:39
Johannesburg - South Africa’s worst drought on record, a plunging currency, and debt-burdened consumers are weighing on the country’s biggest food producers, who may sacrifice profits in order to keep prices affordable and preserve market share. read more
AB InBev cuts a path to overcome local hurdles

AB InBev cuts a path to overcome local hurdles

19/01/2016 - 10:22
Belgian brewer Anheuser-Busch InBev has a plan that will attend to the concerns of all the key South African stakeholders about its acquisition of SABMiller — a plan that AB InBev CEO Carlos Brito hopes will help it fast-track the regulatory approvals the deal needs in SA. read more
WEF: Next industrial revolution to cut 5m jobs

WEF: Next industrial revolution to cut 5m jobs

19/01/2016 - 09:55
Paris - The latest industrial revolution will not only bring us 3-D printing and biotechnology advances, but the loss of five million jobs in the next five years, according to a report prepared for the Davos forum of business and political elites. read more
Get ready for a food price shock in 2016

Get ready for a food price shock in 2016

19/01/2016 - 09:40
Ongoing drought conditions and a weak currency are hammering South Africa’s food producers, who are under pressure to keep prices low. read more
AB InBev listing will add some fizz to JSE

AB InBev listing will add some fizz to JSE

18/01/2016 - 09:19
SA will enjoy a rare bit of truly good news on Friday, when the JSE welcomes a R3-trillion listing by Anheuser-Busch InBev (AB Inbev). read more
AB InBev lists on JSE with R1 938 opening tag

AB InBev lists on JSE with R1 938 opening tag

15/01/2016 - 12:10
Johannesburg - Belgian brewing giant Anheuser-Busch (AB) InBev [JSE:ANB] on Friday morning listed on the Johannesburg Stock Exchange's (JSE) main board, with an opening price of R1938 a share.  read more
Fourth industrial revolution is upon us

Fourth industrial revolution is upon us

15/01/2016 - 11:58
Are we on the brink of a fourth industrial revolution? Before answering the question, it’s worth reminding ourselves of what the first three did. read more
Rain was late, now food crisis looms

Rain was late, now food crisis looms

15/01/2016 - 11:13
Johannesburg - A crisis is looming in southern Africa as fallout from a searing drought complicates efforts to ensure that millions of people do not run out of food. read more
Shoprite’s second-half sales in SA increase 7.2%

Shoprite’s second-half sales in SA increase 7.2%

13/01/2016 - 09:00
Shoprite Holdings increased turnover 8.8% from R57.5bn to about R62.5bn in the six months to December 2015, the company said in an operational update on Tuesday. read more
Food now key player in housing market

Food now key player in housing market

13/01/2016 - 08:49
Cape Town - Food might very well replace oil as the key commodity strongly linked to the fortunes of the local residential property market, John Loos, household and property sector strategist at FNB Home Loans, said on Monday. read more
Another bumper season for V&A waterfront

Another bumper season for V&A waterfront

12/01/2016 - 09:45
Cape Town – The final numbers are not in yet, but it certainly looks like a bumper festive season for Cape Town’s V&A Waterfront, with record trade figures likely to add to confidence generated by an announcement about a new mixed-use R700m Canal District. read more
Recession looms as rand collapses

Recession looms as rand collapses

12/01/2016 - 09:21
Johannesburg - South Africa is moving closer to a recession and possible credit-rating downgrade to junk after the rand collapsed and as investors lose faith in the ability of President Jacob Zuma’s government to stem the slide. read more
Johann Rupert R23bn poorer so far this year

Johann Rupert R23bn poorer so far this year

12/01/2016 - 08:26
Cape Town - South African billionaire executive Johann Rupert has become $1.5bn (about R23.22bn) poorer so far this year compared to last year, according to the daily Bloomberg Billionaires Index. read more
20% sugar tax on the cards for South Africa

20% sugar tax on the cards for South Africa

12/01/2016 - 08:21
The Democratic Alliance (DA) says that government’s plan to hike taxes on sugar-sweetened drinks by 20% will lead to an increase in food prices that will hit the poor. read more
Tax focus: What to expect in 2016?

Tax focus: What to expect in 2016?

11/01/2016 - 11:20
Johannesburg - We can expect 2016 to be an interesting year for tax, with a new Finance Minister promising a focus on fiscal consolidation and several key pieces of tax legislation due to be enacted in the coming months. read more
Nene aftershocks delay Budget

Nene aftershocks delay Budget

21/12/2015 - 11:47
Changes to the economic outlook since the cabinet sat last week - hours before the firing of Nhlanhla Nene as finance minister - mean the Treasury will have to adjust its projections before the Budget can be finalised, economists have said. read more
Producer inflation rises as food pressures build up

Producer inflation rises as food pressures build up

21/12/2015 - 11:44
Producer inflation increased to 4.3% year on year last month from 4.2% in October, Statistics SA data showed on Thursday, indicating producers’ costs are rising. read more
Brics bank a concrete reality - Zuma

Brics bank a concrete reality - Zuma

21/12/2015 - 11:19
Cape Town – The Brics New Development Bank is a concrete reality; President Jacob Zuma said his 2015 end-of-year statement on Friday. read more
Clothing and textile industry shakes off cobwebs

Clothing and textile industry shakes off cobwebs

21/12/2015 - 11:12
The Southern African Clothing and Textile Workers’ Union (Sactwu) says the clothing, textile, footwear, and leather manufacturing industry is entering a period of greater stability and higher levels of growth. read more
Crisis, what economic crisis?

Crisis, what economic crisis?

21/12/2015 - 11:04
What would the festive season be without splurging on gifts, and spoiling yourself? And it would appear that shoppers in the province are doing a lot of both this month. read more
Cape Town entrepreneur chosen to lead international youth network

Cape Town entrepreneur chosen to lead international youth network

18/12/2015 - 14:37
Nicole Mountain grew up in one of Cape Town’s poorest townships. Today, aged just 19, she is gearing up to start her own non-profit organisation, and has just been chosen to lead other talented youth via the international organisation the Young Global Pioneers. read more
Tesla to open South Africa office

Tesla to open South Africa office

18/12/2015 - 12:34
Tesla Motors is planning to open an office in South African in early 2016, aimed at providing its energy storage solutions to local consumers and businesses. read more
Sunday Times statement on Press Ombudsman ruling

Sunday Times statement on Press Ombudsman ruling

17/12/2015 - 16:34
The Sunday Times has noted the ruling of the Press Ombudsman with regard to the complaints by Pravin Gordhan, Johann van Loggerenberg, and Ivan Pillay. read more
Why Moody’s cut SA outlook

Why Moody’s cut SA outlook

17/12/2015 - 12:10
New York - South Africa’s credit-rating outlook was cut to negative by Moody’s Investors Service, which said the country faces a prolonged period of slow growth and increasing political pressures. read more
Rand prospects poor as dust settles over Zuma moves

Rand prospects poor as dust settles over Zuma moves

17/12/2015 - 11:50
Johannesburg - Three finance ministers in five days: those two numbers just are not adding up for traders of the rand. read more
AB InBev intends to list on JSE

AB InBev intends to list on JSE

15/12/2015 - 09:43
Anheuser-Busch InBev’s (AB InBev) says its intention to list on the JSE in mid-January shows it’s "commitment to SA and the African continent". read more
Engen and eBucks assist cash constrained consumers

Engen and eBucks assist cash constrained consumers

15/12/2015 - 02:36
Pocket science is the new trend in consumer behaviour, as budgets are squeezed and discretionary spending is cut in favour of essentials like food and fuel.  read more
Rand crashes after Zuma fires Nene

Rand crashes after Zuma fires Nene

10/12/2015 - 13:58
The rand crashed through the R15/$ level on Wednesday night after President Jacob Zuma fired Finance Minister Nhlanhla Nene and installed a relative unknown, David van Rooyen in the key portfolio. read more
A new type of bubbly from the Cape

A new type of bubbly from the Cape

10/12/2015 - 13:41
Johannesburg - Two black businesswomen have broken into the agriculture industry in South Africa, producing a sophisticated, 100 percent alcohol-free, sparkling grape juice. read more
Edcon CEO vows to bring back glow

Edcon CEO vows to bring back glow

10/12/2015 - 13:31
Edcon’s new Australian CEO Bernie Brookes promises the faded retail giant’s star will shine brightly again. read more
New Canal District for V&A Waterfront

New Canal District for V&A Waterfront

10/12/2015 - 12:42
Cape Town - The R700m first phase of a new district at the V&A Waterfront is underway with a 8 000 m² corporate head office for British American Tobacco South Africa (BAT South Africa) as the first project in this mixed-use area. read more
Retail trade sales increase for October

Retail trade sales increase for October

10/12/2015 - 11:51
Cape Town - Despite depressed economic conditions, measured in real terms, retail trade sales increased by 3.3% year-on-year in October 2015, Statistics SA announced on Wednesday. read more
Why Zuma sacked Nene according to the EFF and DA

Why Zuma sacked Nene according to the EFF and DA

10/12/2015 - 11:46
President Jacob Zuma has exercised his constitutional prerogative to appoint a new finance minister, the ANC said on Wednesday. read more
Jameson wins ad battle against rival Hennessy

Jameson wins ad battle against rival Hennessy

09/12/2015 - 10:18
Alcoholic spirit brands Hennessy and Jameson have battled it out in the ad arena‚ and Jameson has won. read more
Rand at worst-ever levels against the dollar

Rand at worst-ever levels against the dollar

09/12/2015 - 10:13
The South African rand continued to trade at its worst ever levels against the dollar on Tuesday (8 December), amid a stagnant local economy, and rising debt. read more
Watch govt do its business

Watch govt do its business

09/12/2015 - 10:07
Johannesburg - The City of Ekurhuleni is now allowing members of the public and companies bidding for tenders to sit in and observe tender adjudication proceedings. read more
AB InBev CEO to defend SABMiller deal before Congress - USA

AB InBev CEO to defend SABMiller deal before Congress - USA

08/12/2015 - 10:29
New York - Anheuser-Busch (AB) InBev CEO Carlos Brito will try to ease concerns of US lawmakers about the brewer’s proposed $110bn acquisition of SABMiller [JSE:SAB], which would create an entity accounting for about half the industry’s profit and almost a third of all beer sold worldwide. read more
Truworths CEO designate quits

Truworths CEO designate quits

08/12/2015 - 09:58
Truworths CEO designate Jean-Christophe Garbino, who was officially meant to take the helm last July, has resigned. read more
Actis pumps R760m into Food Lover’s

Actis pumps R760m into Food Lover’s

07/12/2015 - 10:36
Johannesburg - Actis is investing R760 million into Food Lover’s Market to boost its local growth potential and is acquiring a substantial minority stake at the same time. read more
Rand on fragile ground ahead of ratings reviews

Rand on fragile ground ahead of ratings reviews

02/12/2015 - 10:24
The rand remained on fragile ground against the dollar on Wednesday, with scope to revisit the previous day's record lows as investors fretted about a possible credit rating downgrade for South African at the end of the week. read more
Drought dries up Illovo’s half-year profits

Drought dries up Illovo’s half-year profits

30/11/2015 - 12:45
South Africa’s drought, pressure on export prices and reduced demand in Malawi resulted in Illovo Sugar [JSE:ILV] cutting its half-year profit by nearly 60% on Monday. read more
Black Friday grabs SA social media's attention

Black Friday grabs SA social media's attention

30/11/2015 - 12:41
Social media mentions of Black Friday grew more than 300% this year in South Africa compared to 2014, said online customer engagement agency 25AM. read more
Airbnb gathers momentum in South Africa with 163% growth in listings over the past year

Airbnb gathers momentum in South Africa with 163% growth in listings over the past year

20/11/2015 - 14:39
Airbnb, the world’s leading community driven hospitality company, today announced that it has grown home listings in South Africa to more than 13 000, an increase of 163% over a year ago and a 38% rise since its last market update at the end of July 2015. South Africa remains Airbnb’s largest market in Africa, with strong performance from Cape Town in particular. read more
Private companies cashing in on government failure in SA

Private companies cashing in on government failure in SA

17/11/2015 - 10:13
South Africa’s economy has stagnated, hampered by sluggish growth and a worrying trade deficit. read more
Tiger pulls out of costly Nigerian unit - Nigeria

Tiger pulls out of costly Nigerian unit - Nigeria

17/11/2015 - 09:50
Tiger Brands said on Monday it would cut funding to its struggling Nigerian venture after nearly R1bn in write-downs. read more
SA businesses could be forced to pay a 1% ‘graduate tax’

SA businesses could be forced to pay a 1% ‘graduate tax’

17/11/2015 - 09:44
The government is considering ways to fund tertiary education in South Africa, which includes business paying an additional 1% tax. read more
Woolworths in storm over 'slave ropes'

Woolworths in storm over 'slave ropes'

17/11/2015 - 09:33
Cape Town - Woolworths was involved in a Twitter storm on Monday over ropes that had been photographed draped over black mannequins.  read more
Eskom delays Medupi and Kusile plans yet again

Eskom delays Medupi and Kusile plans yet again

17/11/2015 - 09:21
Eskom has quietly extended the target dates for the Medupi and Kusile power stations to be operational, by a year. read more
Companies need to realise that big data analysis pays off, says Deloitte

Companies need to realise that big data analysis pays off, says Deloitte

16/11/2015 - 15:31
Data-driven decision-making and performance is the next wave of the digital revolution that companies need to prepare for to enjoy the profound opportunities on offer, says Deloitte Analytics.  read more
SA has second most embassies in the world – costing us billions

SA has second most embassies in the world – costing us billions

16/11/2015 - 09:10
South Africa has the second most diplomatic embassies in the world, behind only the US, spending R3.2 billion annually on global diplomatic missions. read more
Nene: We're bracing ourselves for the worst

Nene: We're bracing ourselves for the worst

16/11/2015 - 08:58
South Africa's drought could have a "serious impact" on food prices and ultimately knock growth, employment and revenues in the continent's most advanced economy, Finance Minister Nhlanhla Nene said on Saturday. read more
R20 to the US dollar under Zuma?

R20 to the US dollar under Zuma?

13/11/2015 - 11:17
A currency researcher says that President Jacob Zuma as overseen the worst performance of the rand out of all prior leaders in the country. read more
91 Koeberg Mall brings urban renewal in CT

91 Koeberg Mall brings urban renewal in CT

13/11/2015 - 11:11
Cape Town - 91 Koeberg Mall in Koeberg Road, Brooklyn, Cape Town, has opened its doors. read more
Food labels: What Woolworths doesn’t want you to know

Food labels: What Woolworths doesn’t want you to know

12/11/2015 - 11:09
The National Consumer Commission (NCC) has told Health24 that Woolworths was unable to determine the number of ice cream and sorbet products affected by a peanut allergen-labelling blunder. read more
No magic wand saved Cape Town CBD

No magic wand saved Cape Town CBD

12/11/2015 - 10:41
Cape Town - There was no magic wand that saved Cape Town's CBD from a downward spiral of increasing crime and grime, Tasso Evangelinos, chief operating officer of the Cape Town Central City Improvement District (CCID) said at the organisation's AGM. read more
Ireland acquisition marked ‘fundamental shift’ for Spar

Ireland acquisition marked ‘fundamental shift’ for Spar

12/11/2015 - 08:46
The Spar Group on Wednesday said it had experienced a milestone year in 2015 as the first full year of operating in a global context. read more
Beer titans formalise mega-deal - UK

Beer titans formalise mega-deal - UK

12/11/2015 - 08:22
London - Anheuser-Busch InBev submitted its formal offer to buy SABMiller for about $107 billion as the target agreed to sell its stake in its US joint venture to pave the way for the deal.  read more