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Food prices push up producer inflation

Food prices push up producer inflation

28/07/2016 - 14:31
PRODUCER inflation accelerated to 6.8% year on year in June, from 6.5% in May. read more
Business urged to invest in economy

Business urged to invest in economy

27/07/2016 - 16:10
According to SAnews.gov.za Finance Minister Pravin Gordhan has encouraged business leaders to invest in South Africa’s economy read more
LIQUID INVESTMENTS: Shiraz producers have pulled up their socks

LIQUID INVESTMENTS: Shiraz producers have pulled up their socks

27/07/2016 - 14:45
A FEW years ago, it took a degree of courage to contemplate a line-up of South African shiraz's. The variety was largely misunderstood, planted by growers who believed, even as the world was going into great oversupply, it was the "next big thing", and vinified by winemakers whose inspiration was the overripe so-called southeastern Australian style. read more
Lewis investor battle escalates

Lewis investor battle escalates

26/07/2016 - 10:27
THE battle between shareholder activist Dave Woollam and the directors of Lewis Stores escalated this past week, with the lodging of papers at the High Court in Cape Town on Wednesday that could see the minority shareholder have the directors declared delinquent. read more
Mixed views on effect of import duty on bread prices

Mixed views on effect of import duty on bread prices

21/07/2016 - 09:32
Johannesburg - There has been speculation that the price of bread is expected to rise following the imposition of a higher duty on the imported price of wheat. read more
 Bridging South Africa’s economic divide

Bridging South Africa’s economic divide

20/07/2016 - 16:39
Speech by David Lipton, first deputy managing director at the International Monetary Fund at Witwatersrand University in Johannesburg on Tuesday: read more
Nestle’s coffee push brews better sales

Nestle’s coffee push brews better sales

20/07/2016 - 09:57
Zurich - Nestle SA, the world’s biggest food company, reported first-quarter sales that beat analysts’ estimates, as Nescafe and Nespresso were boosted by marketing to ward off increased competition in coffee. read more
Mixed fortunes for large retailers

Mixed fortunes for large retailers

20/07/2016 - 08:41
IT IS a mixed bag for South African retailers, as Massmart and Shoprite’s trading updates shine a spotlight on the market, which has been marred by slow sales growth amid weak consumer spend. read more
Executives resign as Edcon embarks on restructuring

Executives resign as Edcon embarks on restructuring

19/07/2016 - 09:16
EDCON announced on Monday that it was bidding farewell to some members of its executive management team, and introducing new ones, amid a restructuring of operations. read more
Truworths sales growth improves on year-earlier period

Truworths sales growth improves on year-earlier period

15/07/2016 - 15:52
TRUWORTHS reported double-digit sales growth for the year to end-June, boosted by the acquisitions of the Office Group, Earthchild and Naartjie. read more
SA retail stocks volumes surge

SA retail stocks volumes surge

15/07/2016 - 10:52
Johannesburg - Trading volumes in South African retail stocks including Truworths and Woolworths jumped following indications that consumer spending is starting to recover. read more
 Why agriculture is vital for SA's economic future

Why agriculture is vital for SA's economic future

12/07/2016 - 14:37
Pretoria- Countries that tax agricultural sectors are normally poor. Countries which subsidise the agricultural sector are normally rich.  read more
Mondi to buy Russian packaging company

Mondi to buy Russian packaging company

11/07/2016 - 11:23
MONDI is acquiring Russian flexible packaging maker Uralplastic for an undisclosed amount. read more
Rand recovers in cautious trade

Rand recovers in cautious trade

08/07/2016 - 09:56
Johannesburg - South Africa’s rand traded firmer on Friday, taking advantage of a slip by the dollar ahead of a jobs report in the United States that could confirm bets of delayed rate hikes by its central bank. read more
Giving Africa Power

Giving Africa Power

07/07/2016 - 15:57
The digital revolution is upon us globally and this can either empower or disempower Africa, depending on access. There is certainly a great need and desire to bring technological advancement to Africa, but does the infrastructure exist to support this?  read more
The Future of Media to shine the light on digital media technology

The Future of Media to shine the light on digital media technology

07/07/2016 - 15:19
Johannesburg, Thursday, 07 July 2016 : “Before the 2016 Future of Media Conference has even kicked off, it’s clear that the South African market is champing at the bit in anticipation of the opinions and insights of industry leaders operating in the digital environment,” says Trevor Ormerod, GM Group Sales & Marketing at Times Media, ahead of the annual Future of Media Conference being held in Sandton on 21 July. read more
Africa’s largest CEM event hits Cape Town this August

Africa’s largest CEM event hits Cape Town this August

07/07/2016 - 09:48
The CEM landscape is evolving rapidly and companies are finding it increasingly difficult to keep up with new trends and technologies. Now in its 5th year running, the annual CEM Africa Summit is taking place in Cape Town on the 17th and 18th August. Simon Cranswick, MD Anana Africa and Chantel Botha, CEO BrandLove are both members of this year’s advisory panel. In an interview with Kinetic Events the two discuss how CEM has evolved and how companies can stay ahead of the game – Cranswick from a technological solutions perspective and Botha representing the viewpoint of the consumer.  read more
Next generation ecommerce starts with the customer

Next generation ecommerce starts with the customer

07/07/2016 - 09:20
Emerce Commerce acquires majority stake in Truth read more
Online shopping in South Africa slowly taking off

Online shopping in South Africa slowly taking off

06/07/2016 - 10:45
MANY South Africans have shopped online, but their total spend is only a fraction of retail spend in South Africa. read more
Christo Wiese declares himself an Africa optimist

Christo Wiese declares himself an Africa optimist

06/07/2016 - 10:37
CHRISTO Wiese, SA’s richest man and the chairman of the nation’s biggest retailer Shoprite, has some advice for companies looking to tap the spending power of Africa’s 1.2-billion consumers: stick around and have deep pockets.  read more
You are now paying a lot more for food in South Africa

You are now paying a lot more for food in South Africa

04/07/2016 - 08:39
A report in the Sunday Times reveals how much more South Africans are now paying for food from leading retailers. read more
Local cider brand Hunter’s gets ready to ‘Bring the Heat’ with refreshing new campaign

Local cider brand Hunter’s gets ready to ‘Bring the Heat’ with refreshing new campaign

01/07/2016 - 10:47
South Africans will see the launch of a refreshing new campaign from Hunter’s today (Friday, July 1), which moves the brand away from the desert to the heat of the urban environment and introduces a new face for the cider.  read more
Visa rules could cost SA R7.5bn a year

Visa rules could cost SA R7.5bn a year

01/07/2016 - 09:33
Johannesburg - South Africa’s new visa requirements could cost the economy about R7.5bn a year in lost tourism revenue and should be revoked immediately by the government, industry representatives said. read more
Evidence for a recession in SA is overwhelming

Evidence for a recession in SA is overwhelming

30/06/2016 - 16:39
SA’s first-quarter GDP release — a 1.2% contraction — was a shocker. read more
 1.3 billion Ballito Junction to bring top shopping to North KZN’s permanent population

1.3 billion Ballito Junction to bring top shopping to North KZN’s permanent population

30/06/2016 - 16:28
The permanent population of Ballito and its surrounds will soon have the choice of over 130 stores handpicked especially for them, when the Ballito Junction Regional Mall redevelopment opens in March 2017.  read more
Opportunity for 900 local aspiring entrepreneurs to jump start their business

Opportunity for 900 local aspiring entrepreneurs to jump start their business

30/06/2016 - 15:11
30 June 2016: Youth unemployment is on the rise in South Africa, and yet at the same time youth entrepreneurship is declining. Christo Botes, executive director at Business Partners Limited (BUSINESS/PARTNERS), says that the recently released Social Profile of Youth 2009 – 2014 report highlights this trend, and reveals that the number of youth entrepreneurs declined from 609 000 in 2009 to 543 000 in 2014.  read more
The Consumer Goods Forum: Strategic Pillars

The Consumer Goods Forum: Strategic Pillars

29/06/2016 - 18:29
Through the introduction and implementation of their five strategic pillars, the Consumer Goods Forum strive to drive positive change globally. read more
Consumer Goods Retailers and Manufacturers Transforming to Maintain Competitive Advantage

Consumer Goods Retailers and Manufacturers Transforming to Maintain Competitive Advantage

29/06/2016 - 16:13
Joint research from KPMG International and The Consumer Goods Forum reports a need for a deeper, multidimensional understanding of customers read more
New Consumer Goods and Retail Industry Study Reveals Need to Rethink the Value Chain

New Consumer Goods and Retail Industry Study Reveals Need to Rethink the Value Chain

29/06/2016 - 15:50
The Consumer Goods Forum and Capgemini call for needed industry change to secure long-term, sustainable growth; Existing value chains must evolve to consumer-driven value networks  read more
Special Sessions keynote presentations by Accenture, ECOLAB, IRI and Nielsen

Special Sessions keynote presentations by Accenture, ECOLAB, IRI and Nielsen

29/06/2016 - 14:41
There was a host of special sessions at the Consumer Goods Forum Summit which covered issues from surviving the third era of digital and the ‘Internet of Things’ to ‘End-to-End Value Chain’ and navigating the new retail agenda. Key speakers included Mark Curtis, Chief Client Officer and co-Founder, Fjord, who described the trends and key success elements for brands willing to succeed in the digital space, and Steve Matthesen, Global President of Retail Vertical, Nielsen, who elaborated on consumers’ perspectives to explain the “why behind the buy." read more
The Internet of Things: hype vs. Reality

The Internet of Things: hype vs. Reality

29/06/2016 - 12:12
As the world enters the fourth industrial revolution and the third age of digital, smart and connected systems are altering every aspect of the process to deliver goods and services to today’s consumers. The Internet of Things poses unique challenges, but also opportunities for companies in the consumer goods industry. Christopher Beck, of Ecolab, addressed the Internet of Things at this year’s Consumer Goods Summit held in Cape Town. It formed part of a wider look at the digital disruption facing the industry. read more
The Consumer Goods Forum: Who they are and what they are about

The Consumer Goods Forum: Who they are and what they are about

29/06/2016 - 10:46
The Consumer Goods Forum is the greatest convener of the consumer goods industry across the globe. Their mission is to improve industry efficiency, build consumer trust, and advocate for practices that improve the world at large. They not only address issues facing retailers, but the entire value chain, from manufacturing to advertising. The recently celebrated their 60th anniversary of the Global Consumer Goods Summit held in Cape Town on 13 – 16 June 2016. read more
Consumer Goods Forum Global Summit Cape Town June 2016 - Fastmoving Review

Consumer Goods Forum Global Summit Cape Town June 2016 - Fastmoving Review

29/06/2016 - 09:36
This year the Consumer Goods Forum hosted their 60th Global Consumer Goods Summit in Cape Town from 13 – 17 June 2016. It was a milestone year, because not only was it the 60th anniversary, it was the first time the Global Consumer Goods Summit was held on the African continent.  read more
 SA's banking and financial institutions can withstand Brexit - Gordhan

SA's banking and financial institutions can withstand Brexit - Gordhan

27/06/2016 - 08:29
Johannesburg - Finance Minister Pravin Gordhan has reassured South Africans that the country's banking and financial institutions can withstand the financial shockwaves caused by the result of the Brexit referendum, in which 52% of Britons voted to leave the European Union. read more
How small businesses can survive and thrive in tough economic situations

How small businesses can survive and thrive in tough economic situations

23/06/2016 - 09:30
23 June 2016: The ailing South African economy, exasperated by rising government debt and the weakening rand, poses a unique set of challenges for small and upcoming businesses. We have also seen in the last few years the number of South Africans interested in starting a business has halved since 2010. However, trying economic conditions don't necessarily mean a death sentence for smaller companies. read more
ID Logistics introduces double-decker trailers to improve efficiencies

ID Logistics introduces double-decker trailers to improve efficiencies

23/06/2016 - 09:06
22 June 2016 – Johannesburg - The recent logistics survey conducted by KPMG concluded that South Africa’s supply chains have moved beyond ‘survival’ mode to ‘optimised’ mode, where costs, inventories and lead times have been minimised within individual supply chain functions. End-to-end integration of supply chain functions is the next major shift required in South Africa to make business more customer centric and competitive. Affecting this requires radical changes in how supply chain partners collaborate and how information technology is leveraged to provide end-to-end visibility and real-time decision making.  read more
Buying a house in SA just got harder as banks raise deposit requirements

Buying a house in SA just got harder as banks raise deposit requirements

23/06/2016 - 08:48
While the slowing economy has not as yet caused a decline in the percentage of home loans applications being approved by the banks, they have begun to raise deposit requirements in recent months. read more
Huge grocery retailers show rising confidence in SA’s small businesses

Huge grocery retailers show rising confidence in SA’s small businesses

23/06/2016 - 08:34
SMALL, medium and micro-sized enterprises (SMMEs) in the grocery retail sector are reaping the rewards of big investments by dominant players in the industry, such as Massmart and Pick n Pay. read more
ID Logistics at 2016 SAPICS

ID Logistics at 2016 SAPICS

22/06/2016 - 14:40
Johannesburg – 19 June 2016 - ID Logistics South Africa, part of the global contract logistics company, will be exhibiting at SAPICS Conference 2016 for the first time to highlight its services, capabilities and innovations.  read more
Inflation decelerates to 6.1% in May, surprising economists

Inflation decelerates to 6.1% in May, surprising economists

22/06/2016 - 12:15
INFLATION, as measured by the consumer price index (CPI), decelerated to 6.1% in May from 6.2% in April, surprising economists who had expected to rise to about 6.3%. read more
Sunday Times Generation Next Youth Marketing Conference highlights need to understand Generation Z

Sunday Times Generation Next Youth Marketing Conference highlights need to understand Generation Z

22/06/2016 - 10:51
Johannesburg, 21 June 2016: The second Sunday Times Generation Next Youth Marketing Conference again delivered valuable insights into the aspirations of South African youths, and the marketing influences impacting the near, and long-term brand preferences of Generation Z. The conference was followed by an Interactive Showcase with SA brands delivering exciting, innovative and engaging activations to grab the attention of youths and adults alike.  read more
Cloud is changing the face of Human Capital Management outsourcing

Cloud is changing the face of Human Capital Management outsourcing

22/06/2016 - 09:47
HCM practices in South Africa are ever evolving, and with this a growing demand for software that’s more agile, mobile and flexible in order to support today’s dynamic working environments.  read more
SA youth find saving difficult, but doable

SA youth find saving difficult, but doable

21/06/2016 - 13:51
YOUNG working adults are finding it difficult to save as prices soar for daily necessities such as electricity‚ data‚ groceries and petrol, but some are managing to stretch their budgets that far. read more
The power shift of sales

The power shift of sales

21/06/2016 - 12:45
While the marketing role has shifted and changed dramatically, it is the sales role that is most underestimated. It has had to evolve dramatically as a result of the connected world we live in, and adapt to the new customer that this has bred.  read more
Ergoform takes top honours at Inspire Trade Expo

Ergoform takes top honours at Inspire Trade Expo

20/06/2016 - 16:37
Local designers and manufacturers of premium-quality office furniture, Ergoform, won the award for Top Innovation and Best Stand overall at the Inspire Trade Show which took place at Gallagher Convention Centre in Johannesburg last week. read more
PnP soars as it streamlines ownership

PnP soars as it streamlines ownership

15/06/2016 - 11:57
Johannesburg - Pick n Pay (PnP) Holdings received the thumbs up from the market yesterday as its share price leapt more than 13 percent on the JSE, after saying it would do away with the pyramid ownership structure introduced in 1981 by the controlling and founding Ackerman family. read more
Wider deficit and slower spending show economic anaemia worsened

Wider deficit and slower spending show economic anaemia worsened

15/06/2016 - 11:49
The need to speed up economic growth was emphasised on Tuesday, when Reserve Bank figures showed more woes in the first quarter — the current account deficit widened more than expected, and private sector and household spending shrank. read more
How govt can speed up economic recovery

How govt can speed up economic recovery

15/06/2016 - 11:44
Cape Town - State-funded infrastructure spending offers the easiest and most realistic means for SA to achieve an inclusive economic recovery, according to Overberg Asset Management (OAM). read more
Brexit weighs on SA trade ties

Brexit weighs on SA trade ties

15/06/2016 - 11:30
Johannesburg - The UK’s possible exit from the EU could prompt a renegotiation of the recently signed EU-Southern African Development Community (SADC) Economic Partnership Agreement (EPA), Willemien Viljoen, a researcher at Trade Law Centre, said yesterday. read more
SA’s companies shy away from bringing bacon home

SA’s companies shy away from bringing bacon home

15/06/2016 - 11:23
Now that MTN has managed to have its fine in Nigeria cut down from $5.5bn to $1.7bn, can we have our money back? read more
Professional migrants rush to and from SA - report

Professional migrants rush to and from SA - report

15/06/2016 - 11:10
Cape Town - While South Africa is among the top 30 countries professional migrants like to move to, it is also among the top 30 countries professional migrants are rushing from, according to a report by MoveHub. read more
Food will continue to be costly

Food will continue to be costly

14/06/2016 - 17:11
Johannesburg - South Africans may be breathing a sigh of relief that El Niño seems to have passed, but food prices will remain high well into next year. read more
SA moving closer to higher interest rates

SA moving closer to higher interest rates

14/06/2016 - 17:07
Pretoria - The SA Reserve Bank will likely begin raising interest rates again, owing to a growing current account deficit, a sharp contraction in growth, and the weakness of the currency, analysts predict. read more
Billionaire Wiese’s UK chains ready for either Brexit outcome

Billionaire Wiese’s UK chains ready for either Brexit outcome

14/06/2016 - 17:04
Johannesburg - British retailers New Look and Iceland Foods and the Virgin Active gym-club chain are prepared for either outcome when the country votes on whether to remain in the European Union next week, according to the head of their South African owner. read more
Tribunal to hear Massmart case against lease exclusivity clauses

Tribunal to hear Massmart case against lease exclusivity clauses

14/06/2016 - 15:55
JSE-listed Massmart has not given up the fight against lease exclusivity clauses, which have hampered its expansion in malls around the country. read more
PnP ownership structure to change?

PnP ownership structure to change?

14/06/2016 - 15:42
Cape Town - Pick n Pay Stores announced on Tuesday that it was seeking shareholder approval for a proposal to replace its current pyramid ownership structure, which was introduced in 1981 by the Ackerman family to prevent a hostile takeover. read more
SA’s Youth have spoken – these are the brands they ‘heart’

SA’s Youth have spoken – these are the brands they ‘heart’

13/06/2016 - 15:01
The results of the 12th annual Sunday Times Generation Next youth survey - highlighting the brands that SA youths, aged 8-22 years, ‘heart’– were announced at an Awards extravaganza at the Sandton Convention Centre. read more
What is driving SA’s drastic decrease in entrepreneurial activity?

What is driving SA’s drastic decrease in entrepreneurial activity?

13/06/2016 - 14:19
Entrepreneurial intentions among South Africans has dropped by almost 30% in 2015 when compared to 2013, and almost halved when compared to 2010, yet the perceived entrepreneurial opportunities has increased over the same period, according to the recently release Global Entrepreneurship Monitor South African Report 2015/16. read more
Eskom responds in detail to Gupta coal contract allegations

Eskom responds in detail to Gupta coal contract allegations

13/06/2016 - 13:06
Uncertainty behind SA’s sluggish exports

Uncertainty behind SA’s sluggish exports

13/06/2016 - 12:54
A new academic study has come up with an answer to a question that has puzzled economists for some time now: why is it that the cheap rand has done so little to boost SA’s exports? read more
Declare drought a national disaster: Agri SA

Declare drought a national disaster: Agri SA

13/06/2016 - 12:24
Johannesburg - Agri SA on Friday welcomed the announcement by the Minister of Cooperative Governance and Traditional Affairs, Des van Rooyen, to declare most of South Africa’s provinces as drought disaster areas. read more
David Woollam wants to profit from shorting Lewis shares, furniture firm says

David Woollam wants to profit from shorting Lewis shares, furniture firm says

13/06/2016 - 12:10
Lewis’s directors hit back at former African Bank MD David Woollam — who applied to have them declared delinquent — by accusing him of attempting to drive down the furniture retailer’s shares in order to profit from shorting them. read more
Save, save, save - word of the day, this Big Red Friday

Save, save, save - word of the day, this Big Red Friday

10/06/2016 - 12:52
Shoprite’s biggest savings promotion of the year, Big Red Friday, is back again! This Friday, 10 June 2016, customers can expect incredible savings of up to 50% off on a wide range of food and household products, for one day only.  read more
One of the final hurdles for biggest beer deal almost cleared - China

One of the final hurdles for biggest beer deal almost cleared - China

10/06/2016 - 12:21
Beijing — Anheuser-Busch InBev’s $107bn acquisition of SABMiller is nearing Chinese approval after the companies agreed to divest the maker of Snow beer, the world’s top-selling brand, according to people familiar with the matter. read more
SA already in a recession - economist

SA already in a recession - economist

10/06/2016 - 12:15
Cape Town - Dark clouds are gathering for South Africa with fears the ailing economy - which shrunk by 1.2% in 2016's first three months - could fall into recession after hitting a slump in the first quarter of 2016. read more
Tiger says exit from Ethiopia does not signal a retreat from the rest of Africa

Tiger says exit from Ethiopia does not signal a retreat from the rest of Africa

10/06/2016 - 12:09
Food producer Tiger Brands on Thursday pulled the plug on a second major African market, with the sale of its stake in an Ethiopian business — less than six months after it disposed of a Nigerian venture. read more
Woolworths well on its way to healthier queues

Woolworths well on its way to healthier queues

10/06/2016 - 11:53
By the end of June, half of all Woolworths stores will have removed sweets and chocolates from the checkout aisle, and replaced them with "better snacking options", says the retailer. read more
Finding success bite by bite

Finding success bite by bite

10/06/2016 - 11:49
Cape Town - A Khayelitsha emerging entrepreneur is living testimony to the government’s initiative, Vukuzenzele (wake up and do it yourself), as her pizza business is booming and employs seven people. read more
Clicks to manage Netcare’s Medicross pharmacies

Clicks to manage Netcare’s Medicross pharmacies

09/06/2016 - 16:18
Retailer Clicks will take over managing private hospital group Netcare’s 37 Medicross branded retail pharmacies and its 51 hospital "front shops", the two JSE-listed groups said in a joint-statement on Wednesday (8 May). read more
Grocery retailing: Navigating the in-store digital divide

Grocery retailing: Navigating the in-store digital divide

09/06/2016 - 14:57
Grocery and other retailers in South Africa are still dramatically underestimating the impact that the onslaught of digital is having on the industry.  read more
Engen achieves 600th Quickshop milestone

Engen achieves 600th Quickshop milestone

09/06/2016 - 14:28
Engen Petroleum celebrated a major milestone on 2 June 2016 when it opened its 600th Quickshop at Rivershorse Valley Convenience Centre in Durban. read more
#HackJozi 2016: New ideas to feed the digital economy

#HackJozi 2016: New ideas to feed the digital economy

09/06/2016 - 13:32
The top three most innovative digital ideas in the 2016 #HackJozi Challenge were announced in Johannesburg on Thursday 19 May, marking the end of an intensive six-week boot camp for aspiring tech entrepreneurs.  read more
Scourge of cybercrime hits Africa, leaving unprepared companies highly vulnerable

Scourge of cybercrime hits Africa, leaving unprepared companies highly vulnerable

09/06/2016 - 13:08
Cybercrime has become a global epidemic from which Africa has not been spared, leaving companies counting losses, which range from money to credibility. read more
Times Media to manage advertising sales for DesignIndaba.com

Times Media to manage advertising sales for DesignIndaba.com

09/06/2016 - 12:53
Times Media is excited to announce that it will be managing the advertising sales for Africa’s leading design and creative website, Design Indaba.com.  read more
Fitch gives SA some breathing room

Fitch gives SA some breathing room

09/06/2016 - 12:21
Johannesburg - Ratings agency Fitch affirmed South Africa’s investment grade credit rating and maintained its stable outlook yesterday, but warned that political tensions could still derail efforts to boost growth. read more
Hardware retailers lead drop in building confidence

Hardware retailers lead drop in building confidence

09/06/2016 - 12:13
Hardware retailers led a fall in building confidence, a quarterly poll by Stellenbosch University’s Bureau for Economic Research (BER) reported on Thursday. read more
Shock as GDP shrinks 1.2%

Shock as GDP shrinks 1.2%

09/06/2016 - 12:06
SA’s worse than expected economic growth performance in the first quarter of 2016 presages a bleak year ahead. read more
Grain sector strike could put jobs on the line

Grain sector strike could put jobs on the line

09/06/2016 - 11:59
Johannesburg - Economists warned yesterday that the proposed strike by the Food and Allied Workers Union (Fawu) might lead to potential job losses in the grain industry as employers replaced workers with machinery. read more
Shoprite tie up with Zambeef yields profits - Zimbabwe

Shoprite tie up with Zambeef yields profits - Zimbabwe

09/06/2016 - 11:53
Harare – The partnership between South African grocery chain, Shoprite and Zambian meat producer and processor, Zambeef, is bearing fruit. read more
Rand stumbles after economic data

Rand stumbles after economic data

09/06/2016 - 11:49
Johannesburg - South Africa's rand retreated on Thursday as investor confidence was rattled by data showing the economy had contracted sharply in the first quarter, raising the risk of recession just as the country dodged downgrades to sub-investment grade. read more
Final week to enter the 2016 entrepreneur of the year® competition and elevate business success

Final week to enter the 2016 entrepreneur of the year® competition and elevate business success

08/06/2016 - 12:54
Entrepreneurs who dedicate themselves to their own business, creating much needed jobs and contributing towards economic development in South Africa, have one more week to enter the 2016 Entrepreneur of the Year® competition sponsored by Sanlam and BUSINESS/PARTNERS before entries close. read more
South African malls on high alert after terror warnings

South African malls on high alert after terror warnings

08/06/2016 - 12:06
A corporate group representing five malls in Johannesburg and Cape Town says they’ve stepped up security after the United States, British, and Australian embassies put South Africa on terror alert. read more
SA hosts world’s most influential retail brand CEOs

SA hosts world’s most influential retail brand CEOs

08/06/2016 - 11:57
CEOs from the world’s most influential consumer and retail brands will gather at the Cape Town International Convention Centre on June 15-17 for the 60th Consumer Goods Forum Global Summit — the first of its kind on the African continent.  read more
Union and brewers locked in BEE row

Union and brewers locked in BEE row

08/06/2016 - 11:41
A dispute is still raging between the Food and Allied Workers Union (Fawu) and the merging parties in the process of creating the world’s largest brewer in a $108bn deal. read more
Farmers disgruntled with land reform

Farmers disgruntled with land reform

08/06/2016 - 11:22
Cape Town - Unhappy about the way government was handling land reform, the African Farmers Association of South Africa (Afasa) said it needed to overhaul the process completely. read more
All eyes on GDP and ratings agency Fitch

All eyes on GDP and ratings agency Fitch

08/06/2016 - 11:00
Cape Town - Economists expect a negative GDP reading for the first quarter of 2016, while ratings agency Fitch should follow Moody’s and Standard Poor's decision to not downgrade SA to junk status. read more
Depressed confidence heralds low growth

Depressed confidence heralds low growth

08/06/2016 - 10:49
Business confidence in the second quarter plunged to lows last seen during the global financial crisis, two surveys showed on Tuesday (7 May). read more
Mr Price raises sales amid weak economy

Mr Price raises sales amid weak economy

01/06/2016 - 16:30
Johannesburg - Mr Price said yesterday that its sales exceeded R20 billion and earnings exceeded R10 a share for the first time since the group’s inception. read more
#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