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No ordinary windfall for Mr Price brass

No ordinary windfall for Mr Price brass

28/01/2015 - 09:46
It seems it's not just analysts who reckon the Mr Price share price is a bit steep. read more
Cutting edge payment tools make online start-ups easier

Cutting edge payment tools make online start-ups easier

28/01/2015 - 09:35
Recent advances in payment gateways mean it’s becoming easier for businesses to get online shopping websites, where both store owner and customer can be assured payment and credit card details are always secure.  read more
Eskom load shedding just got worse

Eskom load shedding just got worse

27/01/2015 - 10:13
Eskom has announced that it has moved from Stage 1 load shedding, to Stage 2 in some areas. read more
Deal brings Foschini Group hard currency, soft global entry

Deal brings Foschini Group hard currency, soft global entry

27/01/2015 - 10:10
Why go hunting abroad? read more
SABMiller: Manuel is non-executive director

SABMiller: Manuel is non-executive director

27/01/2015 - 10:01
SABMiller has appointed former finance minister Trevor Manuel as its independent non-executive director with effect from March 1. John Manser, the chair, said that Manuel brought a wealth of experience to the board.  read more
Tech predictions for 2015: the end of consumer might

Tech predictions for 2015: the end of consumer might

26/01/2015 - 10:21
Deloitte has issued its Predictions 2015 report, detailing seven technology trends the group expects to take off this year. read more
Ellerines failure hit furniture retailers

Ellerines failure hit furniture retailers

26/01/2015 - 10:13
Further consolidation, in the form of store closures and a reduction in store openings, is expected to take place in the furniture retail sector this year.  read more
AB Inbev licking its lips over SABMiller

AB Inbev licking its lips over SABMiller

26/01/2015 - 09:39
For all its acquisitions in "developed" markets across the globe, every set of results from SABMiller must remind shareholders just how much of an emerging-market player the group is. It is this that not only makes it attractive to shareholders, but also a tempting target for AB Inbev - the largest beer group in the world. read more
Consumer credit health improves slightly

Consumer credit health improves slightly

23/01/2015 - 10:26
Consumer credit health improved slightly in the fourth quarter of 2014 amid slower increases in food prices and declines in fuel prices. read more
Mixed benefits from falling fuel prices

Mixed benefits from falling fuel prices

23/01/2015 - 10:03
While lower global oil and domestic fuel prices are being seen as a saving grace for consumer spending, limited job creation and household debt will mean another year of so-so retail sales. read more
Windhoek Light commits to boosting multisport in South Africa

Windhoek Light commits to boosting multisport in South Africa

22/01/2015 - 15:14
Windhoek Light has announced its first South African sponsorship in more than five years. The award-winning light beer is now the official beer partner of Stillwater Sports and has signed up to co-sponsor 10 multisport – trail running, mountain biking and swimming – races across South Africa over a year.  read more
Spur buys new gourmet brand, upping its niche market presence

Spur buys new gourmet brand, upping its niche market presence

22/01/2015 - 15:04
More South Africans will soon get to experience a trendy, new fast but personalised restaurant concept, now that the Spur Corporation (“Spur”) is set to acquire the majority stake in RocoMamas. read more
Uber creates 2 000 jobs in South Africa

Uber creates 2 000 jobs in South Africa

22/01/2015 - 13:38
Uber, the app that connects riders with drivers, says it has already created over 2 000 jobs across South Africa since launching in late 2013. read more
No rate rise likely as inflation slows

No rate rise likely as inflation slows

22/01/2015 - 13:33
Inflation slowed last month amid lower fuel prices and a slower pace of increase in food prices — almost guaranteeing that interest rates would remain unchanged next week. read more
Retailers note a fair festive season’s trade

Retailers note a fair festive season’s trade

20/01/2015 - 12:39
Christmas trading for SA’s retailers proved fair to middling, with more of the same expected as the year goes on. read more
We are not bankrupt: Eskom

We are not bankrupt: Eskom

20/01/2015 - 12:34
Despite ongoing discussions between Eskom and government for urgent funds, and admission that it is in financial crisis, the power utility says it is not bankrupt. read more
Tough year ahead for SA retailers

Tough year ahead for SA retailers

20/01/2015 - 12:31
Johannesburg- Food retailers have started the year on a solid footing with good trading results for the festive season.  read more
Foschini buys major stake in UK fashion firm Phase Eight

Foschini buys major stake in UK fashion firm Phase Eight

20/01/2015 - 12:23
The Foschini Group (TFG) on Friday snapped up a majority stake in UK fashion group Phase Eight, joining the running list of retailers seeking growth in alternative markets as SA’s poor economic prospects cast a shadow on spending. read more
Bright signs despite power cuts

Bright signs despite power cuts

19/01/2015 - 10:49
The first few weeks of this year have ushered in a mixed bag of economic variables. Consumers continue to have extra rand in their pockets, thanks to lower fuel prices, but blackouts will become a way of life that most of the economy is not prepared for. read more
Australian deal props up Woolworths sales

Australian deal props up Woolworths sales

16/01/2015 - 13:11
Woolworths’ food and clothing sales grew at a slower pace on a like-for-like stores basis in the 26 weeks to December 28 compared with a year ago, the company’s trading update released on Thursday shows. read more
KitKat lookalike challenges SCA ruling

KitKat lookalike challenges SCA ruling

16/01/2015 - 13:07
A food company has applied to the Constitutional Court to challenge a ruling that bars it from producing a KitKat lookalike, Beeld reported yesterday.  read more
Mr Price maintains solid sales growth in third quarter

Mr Price maintains solid sales growth in third quarter

16/01/2015 - 13:04
Cash-based retailer Mr Price Group said on Thursday it had maintained its 14.2% sales growth rate through the third quarter of its 2015 financial year, buoyed by cash sales and its apparel stores. read more
Foschini buys UK's Phase Eight for £238m

Foschini buys UK's Phase Eight for £238m

16/01/2015 - 13:01
Johannesburg - The Foschini Group [JSE:TFG] said on Friday it had bought the holding company of British retailer Phase Eight for £238m a deal that gives it access to European markets. read more
Clicks chief operating officer Keith Warburton resigns

Clicks chief operating officer Keith Warburton resigns

16/01/2015 - 12:54
Clicks on Friday announced that Keith Warburton, an executive director and chief operating officer of the company, has resigned effective March 31. read more
Shoprite first-half turnover rises 12.5%

Shoprite first-half turnover rises 12.5%

15/01/2015 - 10:38
Shoprite increased its turnover for the six months ended December 2014 by about 12.5% from the previous comparable period to R57.5bn, the supermarket group said in an operational update on Wednesday, 7 January. read more
Another massive petrol price drop expected

Another massive petrol price drop expected

15/01/2015 - 10:35
Petrol prices could drop by as much as R1 in February, according to economist Mike Schussler, following a continued drop in global oil prices. read more
SA November retail trade sales up 2.6% year on year

SA November retail trade sales up 2.6% year on year

15/01/2015 - 09:54
Retail trade sales came in better than expected in November 2014 compared with a year ago (year on year), increasing by 2.6% after increasing by a revised 3.2% (3.4%) year on year in October. read more
Cavendish gain through asset swap

Cavendish gain through asset swap

15/01/2015 - 09:35
Old Mutual has gained outright ownership of the Cavendish Square shopping centre in Cape Town following an asset swap transaction with national retail real-estate owner Pareto.  read more
When to expect Eskom’s next load shedding

When to expect Eskom’s next load shedding

14/01/2015 - 09:14
Eskom says it is monitoring its power availability every hour, making short-term predictions on the health of supply very difficult. read more
Google killing thousands of SA websites

Google killing thousands of SA websites

13/01/2015 - 10:16
Google’s free website builder for small business in South Africa, Woza Online, is pulling the plug on thousands of sites in March 2015. read more
Full cream products are in favour

Full cream products are in favour

13/01/2015 - 09:58
Consumers are buying more of Clover Industries’ full cream products and slightly fewer of its low fat offerings, says CEO Johann Vorster. read more
Clover set to ‘bring new ideas to the table’

Clover set to ‘bring new ideas to the table’

12/01/2015 - 10:34
Value-added products including yoghurts, custards, and desserts could make up about 20% of Clover Industries’ business within a few years, says CEO Johann Vorster. read more
Business confidence falls and is expected to remain low

Business confidence falls and is expected to remain low

12/01/2015 - 10:14
Business confidence declined last month as the slide in the rand-dollar exchange rate had a significant effect on sentiment, the South African Chamber of Commerce and Industry (Sacci) said on Thursday. read more
Rhodes Food to buy fruit juice firm Pacmar

Rhodes Food to buy fruit juice firm Pacmar

09/01/2015 - 13:10
Rhodes Food Group said on Wednesday it would buy a Western Cape fruit juice business for R165m, its first major acquisition since the company raised R600m when listing on the JSE in October last year. read more
Business braces for Eskom cuts

Business braces for Eskom cuts

09/01/2015 - 13:07
Johannesburg - Business is bracing itself for more disruptions in the coming week as the end of the festive season is set to put a further strain on Eskom, which warned on Wednesday that the risk of power cuts was rising as the reopening of mines, factories and schools loomed.  read more
Weakening euro to put pressure on struggling SA economy

Weakening euro to put pressure on struggling SA economy

07/01/2015 - 10:25
SA can do very little in the short term to offset the impact of the potential quantitative easing in the eurozone, given the structural problems in the economy which made the country uncompetitive, says XA International Trade Advisors director Donald MacKay. read more
Petrol price should keep dropping

Petrol price should keep dropping

07/01/2015 - 10:21
The petrol price is set to come down by as much as R1.27 on Wednesday (7 January), and should decrease further thanks to the downward slide in the crude oil price, according to economist Dawie Roodt. read more
Eskom: Lights might still go out

Eskom: Lights might still go out

07/01/2015 - 10:19
Cape Town - There is just about enough electricity to survive next week as the country revs up again with businesses and big industries getting into gear.  read more
Economic year ahead: Local and global demand may help grow economy

Economic year ahead: Local and global demand may help grow economy

07/01/2015 - 10:12
The economy looks set to grow faster this year than it did last year, supported by an improvement in local and global demand as well as exports. Nevertheless, it is likely to make strides only in the second half. read more
Truworths focuses on children's clothing market

Truworths focuses on children's clothing market

06/01/2015 - 12:31
Retailer Truworths is set to become the dominant player in the money-spinning children’s-wear market after agreeing to buy iconic specialists Naartjie and Earthchild. read more
Spar plans to open 35 new stores this year

Spar plans to open 35 new stores this year

05/01/2015 - 12:06
Spar, which services independent retailers trading under the Spar, Tops at Spar, Build It and Savemore brands, plans to open 35 new Spar stores in the year ahead and renovate 180, CEO Graham O’Connor said in the group’s latest annual report, released last week. read more
Growth too slow to solve SA goals

Growth too slow to solve SA goals

05/01/2015 - 12:03
Cape Town - Growth is too slow to solve South Africa’s developmental problems, but the immediate question is if it is actually “low” or if it is all that South Africa is capable of at this point. read more
Data centre market predictions for 2015

Data centre market predictions for 2015

05/01/2015 - 11:59
By 2018, third-party service providers will own a quarter of all IT assets installed in company server rooms and ‘closets’. read more
Clover expects first half earnings to rise 30% over previous period

Clover expects first half earnings to rise 30% over previous period

05/01/2015 - 11:55
Dairy producer Clover said on Tuesday it expects first-half headline earnings per share to rise by 30% over the previous comparable period. read more
JD Group to sell off finance unit in R4.6bn deal

JD Group to sell off finance unit in R4.6bn deal

19/12/2014 - 09:20
JD Group will sell its loss-making consumer-finance business to a BNP Paribas unit for R4.6 billion in cash, allowing it to focus on furniture sales. Steinhoff International Holdings, which owns 86 percent of JD Group, had “irrevocably undertaken” to vote in favour of the deal, the Johannesburg-based company said in a statement.  read more
SA escapes credit rating downgrade

SA escapes credit rating downgrade

19/12/2014 - 09:09
Ratings agency Fitch on Friday affirmed SA’s long-term foreign and local currency ratings at BBB and BBB+ respectively, and kept the outlook negative. read more
Big petrol price drop expected

Big petrol price drop expected

18/12/2014 - 10:03
International oil prices have dropped steeply and motorists are set for a fuel bonanza in the new year, the Automobile Association said on Wednesday. read more
Financial sector ‘sound but vulnerable’

Financial sector ‘sound but vulnerable’

18/12/2014 - 09:53
SA needs a more competitive financial sector with a number of new, smaller banks entering the market to help lower costs, particularly for small businesses and poorer households, according to the International Monetary Fund (IMF). read more
Another Eskom load shedding warning

Another Eskom load shedding warning

17/12/2014 - 11:25
Power utility, Eskom has warned of further load shedding after it lost four power-generating units on Tuesday (16 December). read more
SA industry turnover rises more than 4% in third quarter

SA industry turnover rises more than 4% in third quarter

17/12/2014 - 10:54
South African industries generated an estimated total turnover of R1.96-trillion in the third quarter, an increase of 4.2% compared with R1.88-trillion in the second quarter. This is according to Statistics SA’s quarterly financial statistics. read more
Inflation slows amid falling oil prices

Inflation slows amid falling oil prices

15/12/2014 - 10:12
Inflation slowed as expected to 5.8% year on year (y/y) in November from 5.9% in October, supported by lower petrol prices, Statistics SA figures showed on Wednesday. read more
Uber taxi and Kalahari.com launch ‘UberSleigh’

Uber taxi and Kalahari.com launch ‘UberSleigh’

12/12/2014 - 08:55
Uber taxi service is collaborating with Naspers e-commerce site Kalahari.com, to offer a service, which brings Christmas shopping directly to customers in Cape Town. read more
Retail sales hit 9-month high as consumers buy cheap

Retail sales hit 9-month high as consumers buy cheap

12/12/2014 - 08:44
Retail sales increased to a nine-month high in October supported by increased activity at general dealers and clothing and food retailers. read more
SA economy ‘fragile'

SA economy ‘fragile'

11/12/2014 - 09:51
The economy is in “recovery mode” and showing small but significant year-on-year growth, according to the latest BankservAfrica Economic Transaction Index (BETI). read more
African Bank has stabilised - curators

African Bank has stabilised - curators

11/12/2014 - 09:47
Johannesburg - African Bank Investments will delay an initial public offering of the failed bank’s viable assets to quickly create a new operational lender.  read more
Attempt to resolve Woolworths boycott

Attempt to resolve Woolworths boycott

11/12/2014 - 09:09
Cape Town - Representatives of BDS South Africa met with a delegation of Woolworths [JSE:WHL] at the offices of the Desmond and Leah Tutu Legacy Foundation in Cape Town. read more
Power cuts alarm SA’s mining sector

Power cuts alarm SA’s mining sector

10/12/2014 - 10:46
The impact of South Africa’s power crisis was heightened yesterday, as the country’s mining industry became the latest sector to warn that uncertainty about electricity supply would put the economy in peril.  read more
Consumers ‘to spend more on food in festive season’

Consumers ‘to spend more on food in festive season’

10/12/2014 - 10:42
South African consumers will cut back on travel and socialising in favour of food purchases over the festive season as tough economic conditions force people to be more pragmatic in their spending habits, Deloitte’s Year-End Holiday Survey revealed on Tuesday. read more
Tiger learns from mistakes in Nigeria

Tiger learns from mistakes in Nigeria

09/12/2014 - 09:52
Tiger Brands has not been put off buying businesses of scale and its rest-of-Africa strategy has been unaffected by its bad experience in Nigeria, CEO Peter Matlare says. read more
Eskom load shedding schedule to March 2015

Eskom load shedding schedule to March 2015

09/12/2014 - 09:39
Eskom says that the week ahead will be “tight with a medium risk of load shedding” and a high risk on Thursday and Friday, 11-12 December. read more
Retailers urge Eskom to stop weekend cuts

Retailers urge Eskom to stop weekend cuts

08/12/2014 - 10:56
Cape Town - The National Clothing Retail Federation of South Africa has urged Eskom to review its implementation of rotational load shedding over weekends and to engage business more actively in limiting the fallout from the energy crisis. read more
How much electricity is stolen in South Africa

How much electricity is stolen in South Africa

08/12/2014 - 10:17
Eskom has revealed that as much as 7% of the country’s electricity is stolen via illegal connections, something the state power utility can no longer afford. read more
Fitch is unlikely to downgrade SA

Fitch is unlikely to downgrade SA

08/12/2014 - 09:41
It is almost the end of what has been a tumultuous year for the local economy, which has experienced everything from strikes and power cuts to job losses. read more
Power crisis is likely to worsen

Power crisis is likely to worsen

08/12/2014 - 09:33
Cape Town - The national power crisis that has seen repeated blackouts daily around the country is likely to worsen, an energy analyst has warned.  read more
Why South Africans are okay with paying bribes

Why South Africans are okay with paying bribes

05/12/2014 - 09:42
A new report from StatsSA reveals that more than 70% of SA households believe that corruption has increased during the period 2010–2013. read more
Cape Town the best municipality in SA

Cape Town the best municipality in SA

04/12/2014 - 10:28
South Africa’s best-managed municipalities are in Gauteng and the Western Cape, according to a study released on Wednesday. read more
Food fight slows Wal-Mart growth

Food fight slows Wal-Mart growth

04/12/2014 - 10:19
As South African supermarket chains seek to defend their business from the encroaching heft of Wal-Mart Stores, the US retailer is being mired in a food fight at the mall.  read more
HSBC PMI shows business conditions still improving

HSBC PMI shows business conditions still improving

04/12/2014 - 10:11
Business conditions in the private sector continued to improve last month but at a lesser extent when compared with October, an index showed on Wednesday. read more
South Africa less corrupt than last year

South Africa less corrupt than last year

03/12/2014 - 10:09
Transparency International’s rating of South Africa in the 2014 Corruption Perceptions Index (CPI) indicated a significant problem, Corruption Watch (CW) said on Wednesday. read more
SA ‘not on edge of a fiscal abyss’

SA ‘not on edge of a fiscal abyss’

03/12/2014 - 09:32
SA is not teetering on the edge of a "fiscal abyss" or on the verge of defaulting on its debts, despite the mutterings by some economists to the contrary. read more
Debt makes shoppers think thrice

Debt makes shoppers think thrice

02/12/2014 - 11:09
Retailers are unlikely to experience much festive cheer this year as the strain on disposable income persists. read more
Illovo seeks sweeter trade deals in Africa

Illovo seeks sweeter trade deals in Africa

02/12/2014 - 11:02
Illovo Sugar has set its eyes on east and West Africa for growth as it prepares its exit from EU markets in the medium to long term, according to Gavin Dalgleish, the managing director of Africa’s biggest sugar producer.  read more
Eskom expects fewer power cuts

Eskom expects fewer power cuts

02/12/2014 - 10:57
Rotational power cuts are expected to decrease by Sunday evening, Eskom said. read more
Coca-Cola banks on growing African market of Appletiser

Coca-Cola banks on growing African market of Appletiser

02/12/2014 - 10:54
The Coca-Cola Company believes the Appletiser brand has "lots of legs" and the US-headquartered firm will look for opportunities to grow the niche brand, its regional head said. read more
An answer to energy woes?

An answer to energy woes?

02/12/2014 - 10:14
The benefits of liquefied petroleum gas (LPG) as an alternative to traditional biofuels have been widely documented. read more
SA retailers get in on the action

SA retailers get in on the action

02/12/2014 - 09:45
South African retailers cashed in on American culture this week when they kicked off festive season sales with Black Friday. read more
SA’s twin deficits, weak growth ‘a risk to policy’

SA’s twin deficits, weak growth ‘a risk to policy’

01/12/2014 - 09:37
South Africa’s current account and fiscal deficits as well as its poor economic growth pose a risk to monetary and fiscal policy, Reserve Bank deputy governor Daniel Mminele said on Friday. read more
SA retailers buy into Black Friday

SA retailers buy into Black Friday

01/12/2014 - 09:31
Cape Town – South African consumers have embraced Black Friday in an unprecedented way, showing that they are ready to take part in the famous US sales day.  read more
Africa desperate for an effective payments system

Africa desperate for an effective payments system

01/12/2014 - 09:19
For Africa’s digital economy to work, it desperately needs an effective payments system that can handle micro payments and with transaction costs that are reasonable. Microsoft’s 4Afrika initiative has collaborated with payments provider Skrill to offer an answer. read more
Data to be free in South Africa?

Data to be free in South Africa?

28/11/2014 - 10:04
Data will be free in South Africa in the future and will be packaged in different ways to lower the barrier to entry for users. read more
Eskom: Expect weekend load shedding

Eskom: Expect weekend load shedding

28/11/2014 - 09:49
Johannesburg - Power cuts are expected over the weekend, as electricity supply remained constrained, Eskom said on Thursday. read more
Clover fights conditions for merger

Clover fights conditions for merger

28/11/2014 - 09:32
JSE-listed diary producer Clover has objected to a proposed condition set by the Competition Commission for the approval of the company’s takeover of DairyBelle’s yoghurt and long life milk businesses. read more
Six ways retailers can own 2015

Six ways retailers can own 2015

27/11/2014 - 10:58
With the festive season already here, the retail sector is in the spotlight. How the sector fares is an indication of the economy’s health and retailers are under pressure to perform.  read more
The Foschini Group to take 17 stores online

The Foschini Group to take 17 stores online

27/11/2014 - 10:49
The Foschini Group (TFG) has announced the launch of an omni-channel online retail platform – tfg.co.za – which will ultimately see all 17 of the group’s store brands coming online. read more
Eskom crisis a brake on economy

Eskom crisis a brake on economy

27/11/2014 - 10:23
Cape Town - The ongoing load shedding by power utility Eskom will have a dire impact on the country’s economy as investors go elsewhere and consumers pay more, say experts.  read more
BDS to take #boycottwoolworths campaign to Australia

BDS to take #boycottwoolworths campaign to Australia

27/11/2014 - 10:17
Cape Town - Public benefit organistion BDS SA on Wednesday vowed to take its #boycottwoolworths campaign to David Jones in Australia to force the local retailer to stop selling goods imported from Israel. read more
Retail review less likely to affect local financial advisers

Retail review less likely to affect local financial advisers

27/11/2014 - 10:13
SA’S financial advisers will not suffer the same fate as those in the UK when the Financial Services Board’s (FSB’s) retail distribution review takes effect, according to Jonathan Dixon, deputy executive officer of insurance at the FSB. read more
Tax in SA: who is paying?

Tax in SA: who is paying?

27/11/2014 - 10:04
New data from StasSA finds that government received less tax from businesses in 2012/13 than it did four years prior, in 2008/09. read more
Rhodes Food Group ‘proves resilient in constrained environment’

Rhodes Food Group ‘proves resilient in constrained environment’

26/11/2014 - 10:58
Recently listed Rhodes Food Group has benefited from strong trading for the year to end September 28 2014 in its regional and international businesses, with offshore sales helping to stem the effects of a weak rand. read more
Quantum turnaround ‘not yet convincing’

Quantum turnaround ‘not yet convincing’

26/11/2014 - 10:38
Quantum Foods, the feeds and poultry business Pioneer Food Group spun off as a separate listing last month, said on Monday it had returned to profitability in terms of headline earnings for the year through to September. read more
SABMiller boosts fight against illegal alcohol

SABMiller boosts fight against illegal alcohol

25/11/2014 - 11:07
SABMiller is encouraging Peruvian fuel producers to buy locally produced ethanol as part of the group’s efforts to curb illicit alcohol — which accounts for almost a third of the total alcoholic beverages market in Peru. read more
Mantashe: ANC won't privatise electricity

Mantashe: ANC won't privatise electricity

25/11/2014 - 10:56
Johannesburg - The ANC is not in favour of privatising the country's power system, despite problems with parastatal Eskom, secretary general Gwede Mantashe said on Monday. read more
SABMiller to export to Canada and enter Brazil again

SABMiller to export to Canada and enter Brazil again

25/11/2014 - 10:52
SABMiller plans to re-enter the Brazilian market next year while also distributing its own beers in Canada, adding two new markets to the group’s Latin American unit. read more
Buying patterns of fresh produce suggest ‘local is still lekker’

Buying patterns of fresh produce suggest ‘local is still lekker’

24/11/2014 - 11:28
Each year Pick n Pay procures about R40bn of fresh-food products from South African suppliers, David North, the group executive of strategy and corporate affairs at the retailer, said on Wednesday. read more
Bain Capital’s Edcon in talks for another SA credit provider

Bain Capital’s Edcon in talks for another SA credit provider

21/11/2014 - 09:57
Edcon, the South African retailer taken private by buyout firm Bain Capital, is in talks to secure a secondary credit provider after the collapse of African Bank Investments (Abil) this year, its CE said on Thursday. read more
Levi Strauss celebrates 20 years back in SA

Levi Strauss celebrates 20 years back in SA

21/11/2014 - 09:17
Cape Town – Levi Strauss & Co. celebrates 20 years of doing business in South Africa after re-entering the South African market following democratic elections in 1994. read more
Inflation data backs case for steady rates

Inflation data backs case for steady rates

21/11/2014 - 09:12
As expected, inflation was steady at 5.9% year-on-year last month with the news temporarily lifting the rand to a day’s high of R10.98/$ on Wednesday and supporting the case for interest rates to remain on hold on Thursday. read more
Palestinian solidarity group takes to shareholder activism

Palestinian solidarity group takes to shareholder activism

20/11/2014 - 10:58
The Palestinian solidarity movement in SA has taken shareholder activism a step further, saying on Tuesday its members are buying shares in JSE-listed retail giant Woolworths ahead of the company’s annual general meeting later this month. read more
SA among fastest growing Internet economies

SA among fastest growing Internet economies

20/11/2014 - 10:55
South Africa’s digital economy is the most developed in Africa, and one of the fastest growing in the world. read more
Eskom's electricity struggle: Unpaid bills

Eskom's electricity struggle: Unpaid bills

20/11/2014 - 10:52
Soweto - Zodwa Madiba has not paid an electricity bill in 14 years and is resolute she never will, holding the African National Congress (ANC) to vague promises made in the dying days of apartheid to provide free electricity to all South Africans. read more