Advertise with fastmoving.co.za
 
 

SOUTH AFRICA NEWS ON FASTMOVING

Subscribe to south africa

#AfricaDay: Which economy rules them all?

#AfricaDay: Which economy rules them all?

25/05/2016 - 15:33
Johannesburg - As the continent celebrates Africa Day, which commemorates the founding of what has since become the African Union on May 25, 1963, the FW de Klerk Foundation probes which economy is really the continent’s biggest. read more
Mortimer Harvey acquires direct marketing agency, Action Ambro’s

Mortimer Harvey acquires direct marketing agency, Action Ambro’s

17/05/2016 - 09:10
Mortimer Harvey announced today their acquisition of Action Ambro’s, one of the industry’s most-awarded and reputable direct marketing agencies. read more
South Africa’s leading online retailer adds liquor to its top shelf

South Africa’s leading online retailer adds liquor to its top shelf

17/05/2016 - 09:03
takealot.com, South Africa’s leading online retailer, adds a brand new Liquor category to its ever-growing product range this week. The new Liquor department is launching with a strong range of spirits, MCC, champagne and sparkling wine, offering customers the most convenient way possible to shop their favourite drinks. read more
Poultry imports destructive - Astral

Poultry imports destructive - Astral

17/05/2016 - 08:58
Johannesburg - Poultry producer Astral warned that cheap imports coming into the country threatened to destroy South Africa’s poultry industry. read more
No Zuma jet could help save SA R9bn - DA

No Zuma jet could help save SA R9bn - DA

17/05/2016 - 08:55
Cape Town - President Jacob Zuma does not need a new jet, the Democratic Alliance has said in a new paper that aims to save South Africa over R9bn. read more
Gordhan arrest rumours jolt the rand

Gordhan arrest rumours jolt the rand

17/05/2016 - 08:52
Johannesburg - The rand yesterday (16 May) hit a two-month low against the dollar and government bonds weakened sharply after reports, denied by the government, that Finance Minister Pravin Gordhan faces arrest. read more
Business debt index improves slightly in first quarter

Business debt index improves slightly in first quarter

17/05/2016 - 08:48
Businesses are raising prices to offset soaring input costs and weather the depressed growth climate. read more
Lewis Group flags profit drop as sales slow

Lewis Group flags profit drop as sales slow

17/05/2016 - 08:39
Johannesburg - The Lewis Group expects a drop in full-year profit of up to 29% after sales slowed in the second half of its trading period due to a weak economy, the company said on Monday (16 May). read more
Cash-and-carry tax crackdown pays off for SARS

Cash-and-carry tax crackdown pays off for SARS

16/05/2016 - 15:47
The recent crackdown on the cash and carry sector in SA seems to be bearing fruit. read more
Gordhan 'ready to do battle'

Gordhan 'ready to do battle'

16/05/2016 - 15:44
Cape Town - Finance Minister Pravin Gordhan is aware of plans to arrest him and is ready for the ongoing relentless struggle for control of state resources. read more
Rand softer in nervous trade

Rand softer in nervous trade

16/05/2016 - 15:41
Johannesburg - South African government bonds weakened sharply and the rand hit a two-month low against the dollar on Monday after a newspaper report, denied by the government, that Finance Minister Pravin Gordhan faces arrest. read more
Mbeki says statement on white control of economy is not controversial

Mbeki says statement on white control of economy is not controversial

16/05/2016 - 15:28
Moeletsi Mbeki said on Monday that he did not think his comments on the myth of white people controlling the economy were controversial. read more
DA proposes R9.52bn amendment to Gordhan's budget

DA proposes R9.52bn amendment to Gordhan's budget

16/05/2016 - 15:23
Cape Town - The Democratic Alliance has announced that it will propose a R9.52bn adjustment to Finance Minister Pravin Gordhan's 2016/17 budget. read more
Astral Foods’ profits slide as drought bites

Astral Foods’ profits slide as drought bites

16/05/2016 - 14:43
Astral Foods on Monday (16 May) reported a slide in its first-half profit as the effect of the recent drought in the country took hold. read more
PUMA launches forever faster store in Mall of Africa

PUMA launches forever faster store in Mall of Africa

13/05/2016 - 12:28
PUMA South Africa opened their second Forever Faster store today in Midrand’s Mall of Africa, southern Africa's largest single-phase shopping centre development.  read more
Loads of Living opens new store at the recently launched Mall of Africa in Johannesburg!

Loads of Living opens new store at the recently launched Mall of Africa in Johannesburg!

13/05/2016 - 12:03
Leader in luxury homeware and décor, South African retailer Loads of Living has opened a 400sqm new concept store at the recently launched Mall of Africa in Midrand, Johannesburg. The store opened its doors to the public on 28 April 2016 and is situated on the Upper Level, Shop 2079. read more
AB InBev and SABMiller to exchange regional operations

AB InBev and SABMiller to exchange regional operations

13/05/2016 - 11:38
Anheuser-Busch InBev will swap its breweries in Colombia, Peru and Ecuador for SABMiller’s Panamanian beer and soft-drink businesses.  read more
Eskom: No load-shedding this year

Eskom: No load-shedding this year

13/05/2016 - 11:36
Cape Town - South Africa's power utility Eskom does not expect to implement electricity cuts for the rest of the 2016/2017 financial year which started in April, its chief executive said on Thursday. read more
Mr Price poaches manager of go-getting ad agency

Mr Price poaches manager of go-getting ad agency

13/05/2016 - 11:34
In a blow to multi award-winning advertising agency Ireland/Davenport, it has lost its MD to Mr Price. read more
Issue of fridge space holds up bottler merger deal

Issue of fridge space holds up bottler merger deal

13/05/2016 - 11:27
Last-minute talks on how much space in fridges (coolers) carrying the Coca-Cola brand should be made available to competing products delayed on Monday (9 May) the start of a Competition Tribunal hearing into a merger that would create Africa’s largest softdrinks bottler. read more
SA consumers warned to shop with extreme caution

SA consumers warned to shop with extreme caution

13/05/2016 - 11:24
Consumers should always shop with extreme caution, Vicci Baker, founder of the price comparison website Retail Price Watch, told Fin24 on Wednesday. read more
18% drop in mining output huge shock for SA economy - economist

18% drop in mining output huge shock for SA economy - economist

13/05/2016 - 11:20
Johannesburg - There is no doubt that the fall in mining production in March is a major shock to the South African economy, Mike Schüssler, chief economist at Economists dotcoza told Fin24 on Thursday (12 May). read more
‘Moody's rating confirms SA is on the right track’

‘Moody's rating confirms SA is on the right track’

13/05/2016 - 11:17
Pretoria - The cabinet has endorsed the rating by Moody’s as confirmation that South Africa was on a solid path to economic recovery. read more
Financial strategists upbeat about possible S&P downgrade

Financial strategists upbeat about possible S&P downgrade

13/05/2016 - 11:14
South Africa’s corporate bond market is better equipped than those of other emerging market countries to deal with a cut in the nation’s credit rating to below investment grade, said Investec Asset Management CEO Hendrik du Toit. read more
SA’s economy drops into third place in Africa

SA’s economy drops into third place in Africa

12/05/2016 - 14:56
SA’s struggling economy is now not even the second-largest in Africa anymore‚ says KPMG‚ citing data from the International Monetary Fund (IMF) that suggests Egypt has overtaken SA — mainly due to the rand’s slump. read more
Tens of thousands of consumers descend on Mall of Africa

Tens of thousands of consumers descend on Mall of Africa

12/05/2016 - 14:53
Waterfall City – Johannesburg’s R5bn Mall of Africa, which has over 300 shops, opened its doors on Thursday to streams of visitors amid traffic congestion. read more
SA’s manufacturing output drops 2% in March

SA’s manufacturing output drops 2% in March

12/05/2016 - 14:50
Manufacturing production slipped in March, suggesting sluggish demand in this vital sector of SA’s economy. read more
SA entrepreneur scoops top innovation award

SA entrepreneur scoops top innovation award

12/05/2016 - 14:48
Johannesburg - South African entrepreneur Nneile Nkholise on Wednesday won the Africa Top Women Innovators Challenge 2016 at the opening day of the World Economic Forum (WEF) on Africa in Kigali, Rwanda. read more
Appeal to allow alleged victims of bread cartel to sue Premier is withdrawn

Appeal to allow alleged victims of bread cartel to sue Premier is withdrawn

12/05/2016 - 14:42
A group of civil society organisations along with the Competition Commission have withdrawn their Constitutional Court appeal‚ which they had hoped would enable victims in the Western Cape bread price-fixing cartel to sue Premier Foods. read more
Rand is on the ropes

Rand is on the ropes

12/05/2016 - 14:40
Johannesburg - South Africa's rand retreated against the dollar early on Thursday, giving up a minor rebound back from six-week lows as global and domestic growth concerns rattled sentiment towards the continent's most industrialised economy. read more
Junk rating a matter of time as economy falters

Junk rating a matter of time as economy falters

05/05/2016 - 11:36
5 May 2016, Cape Town - It appears to be just a matter of time before South Africa’s credit rating is cut to junk. read more
Patel says new measure will class cartel behaviour as a criminal offence

Patel says new measure will class cartel behaviour as a criminal offence

26/04/2016 - 12:50
Directors and managers involved in cartel behaviour and the abuse of dominance will be guilty of a criminal offence, Economic Development Minister Ebrahim Patel announced on Thursday (21 April). read more
SABMiller’s BEE scheme may delay takeover

SABMiller’s BEE scheme may delay takeover

26/04/2016 - 12:38
South African-based shareholders will receive more than $100m of the dividend due to be paid by SABMiller in early August if there is a delay in finalising the Anheuser-Busch InBev (AB InBev) transaction. read more
Pick n Pay plans to enter Nigeria as profits rise

Pick n Pay plans to enter Nigeria as profits rise

26/04/2016 - 12:35
Johannesburg - Pick n Pay Stores announced plans to enter Nigeria as it posted a 26% increase in full-year profit after opening 175 new stores. read more
Colleagues? Nah, we’re family

Colleagues? Nah, we’re family

25/04/2016 - 12:14
You’ve met our uncles, Gerald and Dave. Now, it’s time to meet the latest additions to the Mortimer Harvey family. read more
The Times Creative Challenge – how far will brands push the headlines in 2016?

The Times Creative Challenge – how far will brands push the headlines in 2016?

25/04/2016 - 11:58
As an official partner of the Loeries, and sponsor of the Loeries Print Advertising category, The Times has launched its fourth Creative Challenge for the advertising industry. read more
Mall of Africa will offer the A-Z of sought-after shopping

Mall of Africa will offer the A-Z of sought-after shopping

25/04/2016 - 11:46
Developed by leading South African property developer and investor Atterbury, the landmark new Mall of Africa will open up a whole new world of shopping and entertainment when it opens its doors next week, on 28 April 2016. read more
Shopping gets very personal at Menlyn Park in Pretoria

Shopping gets very personal at Menlyn Park in Pretoria

25/04/2016 - 11:37
Experienced personal shoppers make any fashion shopping experience a valuable investment in both time and product. At Menlyn Park Shopping Centre in Pretoria, the services of two highly experienced personal shoppers are now available to all customers, ensuring a tailor-made shopping experience for their busy schedules. read more
Sunday Times maintains position as SA’s most read newspaper with 3.7M readers

Sunday Times maintains position as SA’s most read newspaper with 3.7M readers

25/04/2016 - 11:16
Johannesburg - In the latest and final AMPS survey conducted for the publishing industry, core titles in the Times Media stable have continued to grow their audiences despite the -3.6% overall drop in newspaper readership in South Africa. read more
Panama Papers: Khulubuse Zuma linked to US oil deal probe

Panama Papers: Khulubuse Zuma linked to US oil deal probe

25/04/2016 - 11:11
Cape Town – US authorities are investigating an oil deal originally fronted by President Jacob Zuma’s nephew, mining magnate Khulubuse Zuma, the latest leak in the Panama Papers has revealed. read more
Shoprite warns food price doomsayers

Shoprite warns food price doomsayers

25/04/2016 - 10:36
Cape Town - Shoprite CEO Whitey Basson on Monday cautioned against those pushing unnecessary price increases “fuelled by the frenzy emanating from recent reports about spiralling costs”. read more
How long it could take SA to recover from junk status

How long it could take SA to recover from junk status

22/04/2016 - 12:46
South Africa’s sovereign credit rating is likely to be cut to junk status this year by at least one ratings agency: Standard & Poor’s. read more
Investment in townships yielding results – Ramokgopa

Investment in townships yielding results – Ramokgopa

22/04/2016 - 12:41
Pretoria – Investments into the township economy are paying off as businesses are flourishing, Tshwane mayor, Kgosientso Ramokgopa, said in his state of the city address on Thursday (21 April). read more
Shoprite’s success lies in close ties with suppliers

Shoprite’s success lies in close ties with suppliers

22/04/2016 - 12:34
Every year, in the third or fourth quarter, Shoprite has a tradition of honouring its top suppliers, which have clung to the tailcoats of the retailer as it invaded several lucrative African markets on its way to dominating food retailing on the continent. read more
US poultry a win for SA consumers - council

US poultry a win for SA consumers - council

22/04/2016 - 12:22
Cape Town - "We are thrilled to be back in the South African market after about 17 years," Jim Sumner, president of the USA Poultry & Egg Export Council (USAPEEC) told Fin24 during his visit to Cape Town this week. read more
CDs are still a thing in South Africa

CDs are still a thing in South Africa

22/04/2016 - 09:34
Despite a flood of cheap digital streaming and download services into the South African market over the past several years, CD sales remain steady. read more
SA’s democracy ‘resonating with investors’

SA’s democracy ‘resonating with investors’

22/04/2016 - 09:22
Johannesburg - Strong demand for a sovereign bond issue earlier this month shows foreign investors are acknowledging the robustness of South Africa's democratic institutions and its sound economic fundamentals, the head of its central bank said. read more
Clicks sees earnings rise on resilient markets

Clicks sees earnings rise on resilient markets

22/04/2016 - 09:16
Johannesburg - Clicks [JSE:CLS] forecast higher earnings this year, citing expectations that demand for its products will remain resilient despite a weakening outlook for consumer spending. read more
Retailers ‘chase top line at own expense’

Retailers ‘chase top line at own expense’

21/04/2016 - 13:07
Johannesburg - Retailers themselves were largely driving Retail cannibalisation rather than shopping centre developers, Marius Muller, the chief executive of prominent shopping centre developer Pareto, said yesterday (20 April). read more
EU system for pork imports to SA

EU system for pork imports to SA

21/04/2016 - 12:56
Cape Town - As consumer preferences differ and the demand for low fat meat and meat products increases, the European Union (EU) has implemented a unique system to guarantee high quality of meat that is brought to South Africa. read more
How rising food costs affect your shopping bill

How rising food costs affect your shopping bill

21/04/2016 - 12:48
Consumer Price Inflation (CPI) decelerated from 7% year-on-year (y/y) in February to 6.3% in March, Statistics South Africa announced on Wednesday, while food costs in March were nearly 10% higher than in March 2015. read more
SA imports white maize from America

SA imports white maize from America

21/04/2016 - 12:44
Johannesburg - South Africa imported white maize from the United States last week for the first time since 2004, the country's Grain Information Service (SAGIS) said on Tuesday (19 April). read more
Sars hits non-compliant cash and carry sector with R600m

Sars hits non-compliant cash and carry sector with R600m

21/04/2016 - 11:42
Pretoria – At least 50% of cash and carry businesses inspected by the SA Revenue Service (Sars) are found to be non-compliant with regard to registration, filing, or payment. read more
The surprising health habits from around the world

The surprising health habits from around the world

19/04/2016 - 15:15
No matter where you are in the world, healthy eating is always at the forefront of what constitutes to a healthy lifestyle. read more
Beware of retail cannibalisation in SA - CEO

Beware of retail cannibalisation in SA - CEO

19/04/2016 - 10:52
Johannesburg - Retailers themselves, according to Marius Muller, CEO of shopping centre investor Pareto, are largely driving so-called retail cannibalisation in South Africa. read more
A look at the Fourways “mega-mall” planned for 2018

A look at the Fourways “mega-mall” planned for 2018

19/04/2016 - 10:47
A massive development to make Fourways Mall the second largest mall in the country – and the largest in the Gauteng province – has broken ground. read more
Allan Gray banking on Nene’s experience

Allan Gray banking on Nene’s experience

19/04/2016 - 10:36
Johannesburg - Asset management group Allan Gray has appointed former finance minister Nhlanhla Nene as a non-executive director, hoping to tap his strategic and leadership skills, it said on Monday (18 April). read more
Petrol price pain for consumers in May

Petrol price pain for consumers in May

19/04/2016 - 09:44
South African motorists are likely to pay a little extra for fuel in May as international oil prices continue to do battle with the exchange rate. read more
How renewable friendly are SA’s top 5 retailers?

How renewable friendly are SA’s top 5 retailers?

19/04/2016 - 09:41
Cape Town – South Africa’s top five retailers would make space for 178 400 households to connect to the grid without risking load shedding. All they have to do is become 100% dependent on renewable energy. read more
Popular SA store enjoys crazy growth surge

Popular SA store enjoys crazy growth surge

18/04/2016 - 16:49
The Crazy Store, SA’s largest discount variety chain, ended a successful 2015 having opened a record number of stores last year, thanks to growing consumer demand. read more
Edcon in talks to defer $110m coupon payment

Edcon in talks to defer $110m coupon payment

18/04/2016 - 14:22
Edcon is in talks with creditors to defer R1.6bn of interest payments to December to boost its liquidity, it said on Friday (15 April). read more
How much booze is “too much” booze?

How much booze is “too much” booze?

18/04/2016 - 14:18
Doctors and health specialists the world over will warn you of the dangers of excessive drinking, but a new study shows that no one can agree on what constitutes “too much”. read more
Gordhan reassures investors

Gordhan reassures investors

18/04/2016 - 14:08
Johannesburg - Finance Minister Pravin Gordhan has met ratings agencies as he continued his trail blitz and tries to calm investors’ concerns over the country’s economic outlook. read more
Eskom hits back at Gupta-owned Optimum coal theories

Eskom hits back at Gupta-owned Optimum coal theories

18/04/2016 - 14:03
Cape Town – Eskom said on Sunday that it would not increase the price it pays for Gupta-owned Optimum's coal in order to promote black economic empowerment. read more
Index expected to report drop in inflation

Index expected to report drop in inflation

18/04/2016 - 13:07
If consumer inflation moderates as expected, and the rand continues its recent rally, this could boost confidence in the South African economy. read more
Tiffany aligns with fashion site to sell more jewelry - USA

Tiffany aligns with fashion site to sell more jewelry - USA

18/04/2016 - 12:58
In a first, Tiffany & Co. will sell its jewellery online, on a site other than its own. read more
Cheers! Italy toasts booming wine trade - Italy

Cheers! Italy toasts booming wine trade - Italy

18/04/2016 - 12:54
Verona - As he swirls a glass of yellowy-green wine made from the trendy pecorino grape, Fabio Centini purrs with enthusiasm. read more
Margarine producer fined R35m for anticompetitive behaviour

Margarine producer fined R35m for anticompetitive behaviour

18/04/2016 - 12:48
On top of the R35m fine margarine producer Sime Darby Hudson Knight has to pay for anti-competitive behaviour, the company may also face being monitored to ensure that it complies with further remedial action handed down to it for contravening the competition act. read more
Investors looking beyond Zuptanomics

Investors looking beyond Zuptanomics

15/04/2016 - 15:24
Johannesburg - Investors are disregarding political risks in South Africa as they line up to take advantage of the region’s best emerging-market bond rally. read more
Eskom board member steps down due to Gupta influence: report

Eskom board member steps down due to Gupta influence: report

15/04/2016 - 11:27
Businessperson Romeo Kumalo has resigned from the Eskom board, 14 months after he joined. read more
Hanekom: SA paying heavy price for new visa rules

Hanekom: SA paying heavy price for new visa rules

15/04/2016 - 10:47
Cape Town - South Africa paid a heavy price for implementing the new visa regulations, Minister of Tourism Derek Hanekom said on Thursday (14 April). read more
Outa stands by its report, vows to reveal more

Outa stands by its report, vows to reveal more

15/04/2016 - 10:08
Johannesburg - The Organisation Undoing Tax Abuse (Outa) stands by its report that the Gauteng Freeway project was overpriced by either 152% or 321%. read more
Public interest considerations behind SAB merger delay

Public interest considerations behind SAB merger delay

14/04/2016 - 13:13
Johannesburg - Public interest considerations of the planned merger between the world’s largest brewer Anheuser-Busch (AB) InBev and fellow brewing company SABMiller appear to be behind the delay in the Competition Commission’s assessment of the transaction, according to competition law analysts. read more
March to support Shoprite’s casual staff

March to support Shoprite’s casual staff

14/04/2016 - 12:24
Industrial action at Shoprite’s distribution centre in Centurion ended on Tuesday, but supporters of casual workers at the facility say they are mobilising communities to march on Thursday (14 April) as outsourced workers were "coerced" to return to work. read more
Keep calm and carry on: South Africa’s growth forecast cut again

Keep calm and carry on: South Africa’s growth forecast cut again

14/04/2016 - 12:12
The International Monetary Fund says that South Africa’s economy is expected to grow by 0.6% in 2016, down a fraction from 0.7% it forecast in January. read more
Ascendis gets green light to buy Akacia

Ascendis gets green light to buy Akacia

14/04/2016 - 11:36
Johannesburg - Ascendis Health had received the green light from the Competition Commission to proceed with the 100 percent acquisition of pharmaceutical business Akacia Healthcare for R345 million, the health and care brands company announced yesterday (13 April). read more
SA soft drinks industry to meet Treasury over proposed sugar tax

SA soft drinks industry to meet Treasury over proposed sugar tax

14/04/2016 - 10:43
South Africa’s beverage industry body will meet the Treasury next week to discuss the details of a proposed tax on sugar-sweetened drinks, a top official said on Wednesday (13 April). read more
Walmart gets serious about online marketplace - USA

Walmart gets serious about online marketplace - USA

14/04/2016 - 10:39
Walmart has embraced the marketplace model as means to expand its online assortment and gain ground on Amazon where third party sellers already account for half of the company’s unit volume. read more
Small businesses, not shack-dwellers behind most WCape electricity theft - Eskom

Small businesses, not shack-dwellers behind most WCape electricity theft - Eskom

14/04/2016 - 10:31
Cape Town - Illegal electricity connections in townships are not behind much of the 6% revenue loss in the Western Cape, Eskom said on Wednesday (13 April). read more
Retail sales lift case for rate hike

Retail sales lift case for rate hike

14/04/2016 - 10:22
Johannesburg - South Africa’s retail sales grew above expectations in February, data from Statistics SA showed yesterday, suggesting that the Reserve Bank might have scope to increase interest rates further at its next policy meeting. read more
Claims striking Shoprite workers were ‘coerced’ to go back to work

Claims striking Shoprite workers were ‘coerced’ to go back to work

14/04/2016 - 10:03
Industrial action at a major distribution centre owned by Shoprite ended on Tuesday, but supporters of the casual workers at the facility say they are mobilising for a march scheduled for Thursday (14 April), maintaining that outsourced workers were "coerced" to return to work.  read more
Mall of the North celebrates five years of achievement

Mall of the North celebrates five years of achievement

13/04/2016 - 14:55
Mall of the North in Polokwane, an icon of Limpopo's capital city, will celebrate its fifth anniversary this Thursday, 14 April. Offering shoppers the largest and most comprehensive selection of shops, restaurants and the only cinema complex in Limpopo, Mall of the North has celebrated many major achievements since its launch in 2011. read more
Secret sunrise event wows early morning shoppers at Menlyn Park Shopping Centre

Secret sunrise event wows early morning shoppers at Menlyn Park Shopping Centre

13/04/2016 - 11:06
Pretoria held its’ first secret sunrise at Menlyn Park Shopping Centre on 7 April. The location was kept secret and was only disclosed two days before the event. Once the people arrived on the roof at Menlyn Park Shopping Centre, they were given wireless headphones and partook in an interactive dance session that involved yoga, meditation, and dancing, while watching Pretoria wake up to a spectacular sunrise. read more
Drought culls SA’s livestock herds

Drought culls SA’s livestock herds

13/04/2016 - 09:36
Johannesburg - South Africa’s livestock farmers are preparing for more losses after the driest year on record already cut herds and as the hemisphere’s winter nears, fuelling food prices that are already climbing at the fastest pace in 18 months. read more
What the rand could look like vs. the dollar in 2018 – and it’s not good

What the rand could look like vs. the dollar in 2018 – and it’s not good

13/04/2016 - 09:16
The rand firmed for a third consecutive session against the dollar on Tuesday (12 April) – trading at R14.66 by 14h20. read more
Consumer confidence up, but outlook is bleak

Consumer confidence up, but outlook is bleak

13/04/2016 - 09:10
Johannesburg - South Africa’s consumer confidence index (CPI) recovered from almost 14-year lows in the first quarter, but remained in negative territory as the economic growth outlook remained bleak, a survey showed yesterday (12 April). read more
Edcon to seek bond interest delay until year end

Edcon to seek bond interest delay until year end

13/04/2016 - 08:54
Edcon is asking bondholders to support a deferral in interest payments until the end of the year, according to two people familiar with the matter. read more
Menlyn Park Shopping Centre leads the way with country’s first concierge ambassadors programme

Menlyn Park Shopping Centre leads the way with country’s first concierge ambassadors programme

12/04/2016 - 16:28
Menlyn Park Shopping Centre, which is currently undergoing a major R2-billion redevelopment, has introduced a unique concierge ambassadors programme to minimise inconvenience to shoppers. Twelve fully trained concierge ambassadors are stationed at the busiest nodes of the mall to advise and guide shoppers during trading hours, seven days a week. read more
Boosting alliance creation by aligning entrepreneurs and social media

Boosting alliance creation by aligning entrepreneurs and social media

12/04/2016 - 16:03
In today’s digital world, social media networks are a vital networking tool for any budding entrepreneur.  read more
Bread prices: Grain SA rejects tariff as reason

Bread prices: Grain SA rejects tariff as reason

12/04/2016 - 15:07
Johannesburg - Grain South Africa yesterday dismissed claims that the recent increases in the wheat import duty would fuel bread price increases, saying local bread companies had continued to increase prices even as international wheat prices fell. read more
Guptas exit fails to soothe state capture fears

Guptas exit fails to soothe state capture fears

12/04/2016 - 15:02
Cape Town - The resignation of the Guptas, who are alleged to having an undue influence on President Jacob Zuma, as Oakbay directors changes little with regard to fears about state capture, according to Bidvest Bank. read more
Zuma lied – there is no BRICS Bank job for Nene

Zuma lied – there is no BRICS Bank job for Nene

12/04/2016 - 14:48
Four months after being unceremoniously fired from the finance ministry, former minister Nhlanhla Nene has moved on – and taken a job in the private sector. read more
Beer deal: AB InBev makes EU offer - Belgium

Beer deal: AB InBev makes EU offer - Belgium

12/04/2016 - 14:33
Brussels - Anheuser-Busch InBev made an offer to regulators, which may include asset sales, as part of a plan to win quick European approval for its $105 billion takeover of SABMiller. read more
Pick n Pay signs with GWK Farm Foods

Pick n Pay signs with GWK Farm Foods

11/04/2016 - 16:42
Pick n Pay says it will be a customer of GWK Farm Foods, the newest subsidiary of one of SA’s largest agro-processing groups, which launched on Thursday a R400m wheat flour mill and pasta and biscuit factory in Modderrivier, near Kimberley. read more
Bread price likely to rise 10% after hike in wheat import duty

Bread price likely to rise 10% after hike in wheat import duty

11/04/2016 - 16:38
Bread prices are expected to rise at least 10% because of the 34% increase in the import duty on wheat announced by the Treasury on Friday (8 April). read more
Gupta family has ‘checked out’ of South Africa: report

Gupta family has ‘checked out’ of South Africa: report

11/04/2016 - 12:29
A report in the City Press claims that the Gupta brothers, Ajay and Atul, have left South Africa for Dubai. read more
SA business confidence continues recovery

SA business confidence continues recovery

11/04/2016 - 12:17
Johannesburg - Business confidence continued its recovery in March after falling to its lowest in more than two decades in December, a survey showed on Thursday (7 April). read more
Beer deal: SA regulator unlikely to meet deadline

Beer deal: SA regulator unlikely to meet deadline

08/04/2016 - 16:13
Johannesburg - South Africa’s Competition Commission probably won’t meet a new April 12 deadline to complete an investigation into Anheuser-Busch InBev’s takeover of SABMiller, further delaying the process of gaining regulatory approval for a combination of the world’s biggest brewers. read more
SA meat prices could double in the next few months

SA meat prices could double in the next few months

08/04/2016 - 16:09
The African Farmers Association says that meat prices could double in the current economic climate. read more
Shopping organic online on the rise

Shopping organic online on the rise

08/04/2016 - 11:13
Ethical consumerism remains a relatively long tail in the retail industry, and it makes sense that it’s a niche well-suited to E-commerce.  read more