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Massmart’s FY sales jump

Massmart’s FY sales jump

27/02/2015 - 10:43
Johannesburg - South African retailer Massmart Holdings Ltd reported a 10.4 percent jump in full-year sales on Thursday as its consumer goods, liquor, and home improvement supplies business posted better performance.  read more
Shoprite bemoans rising power costs

Shoprite bemoans rising power costs

27/02/2015 - 10:38
Shoprite says the quickly rising cost of power is more than offsetting relief gained from lower fuel prices. read more
Shoprite focuses on furniture stores

Shoprite focuses on furniture stores

26/02/2015 - 11:34
Shoprite is planning an "aggressive new store rollout" in the beleaguered furniture market that includes 68 new stores by the end of June, 53 of which will be in sites formerly occupied by failed competitor Ellerines. read more
Amstel is ready to celebrate greatness at the Metro FM Awards

Amstel is ready to celebrate greatness at the Metro FM Awards

25/02/2015 - 18:03
As part of their ongoing support of the best in South African music, Amstel is looking forward to collaborating with one of the country’s biggest music award shows – as the official beer of the 2015 Metro FM Awards.  read more
Power crisis negatively affecting precious metals sector

Power crisis negatively affecting precious metals sector

25/02/2015 - 10:48
Cape Town - Load shedding, the impact of the ongoing power crisis on South Africa’s mining, and metal extracting sectors featured high on the agenda during the 2015 Africa Mining Indaba.  read more
Peak hour electricity price hike coming

Peak hour electricity price hike coming

25/02/2015 - 10:22
Johannesburg’s City Power is set to charge household more for electricity during peak periods in a bid to lessen the need for load shedding. This is according to a report in the Rand Daily Mail. read more
Shoprite posts slightly faster H1 profit growth

Shoprite posts slightly faster H1 profit growth

25/02/2015 - 10:19
Johannesburg - Africa's biggest grocer Shoprite posted slightly faster first-half profit growth on Tuesday, as debt-laden consumers took advantage of lower fuel prices and a price war between supermarket chains.  read more
Edcon considers sale of non-core stores

Edcon considers sale of non-core stores

25/02/2015 - 10:00
Edcon Holdings says it is considering a sale of non-core stores as it struggles under the weight of crippling debt and low apparel retail sales growth. read more
Operational improvements and recent acquisitions boost RCL Foods

Operational improvements and recent acquisitions boost RCL Foods

23/02/2015 - 11:25
Key Features • Restructuring into ONE company is a key enabler for value creation • Rainbow’s HEBITDA improves as new business model takes effect • TSB results included for the first time in the interim period • Material adverse impact of industrial action at Foodcorp and Vector • Positive impact of debt restructuring on headline earnings and cash flows read more
Petrol price set for sharp rise in March

Petrol price set for sharp rise in March

23/02/2015 - 09:51
The price of petrol may rise by as much as R1 per litre next month (4 March), while the wholesale price of diesel may go up by 80 cents. read more
Edcon in battle to up credit sales

Edcon in battle to up credit sales

23/02/2015 - 09:48
Edcon has all but abandoned its attempt to find a second credit provider, and has begun testing its own in-house credit solution in a bid to boost its flagging credit sales.  read more
Black vs white ownership on the JSE

Black vs white ownership on the JSE

23/02/2015 - 09:29
New research finds that black South Africans hold at least 23% of the Top 100 companies listed on the Johannesburg Stock Exchange as at the end of 2013. read more
SA's fuel price holiday could end - AA

SA's fuel price holiday could end - AA

18/02/2015 - 08:49
Johannesburg - The lower fuel price SA consumers have enjoyed, might be coming to an end, the Automobile Association (AA) warned on Tuesday. read more
Nedbank urges Nene to restore investor confidence

Nedbank urges Nene to restore investor confidence

18/02/2015 - 08:46
Finance Minister Nhlanhla Nene has to use the budget speech next week to restore investor confidence at a time when much of government’s policy proposals seem be "more populist than business friendly". read more
Sovereign Food: Poultry business’s earnings to rise

Sovereign Food: Poultry business’s earnings to rise

18/02/2015 - 08:43
Sovereign Food announced that it expected its earnings per share for the year to February to be at least 70.20 cents, up from 58.5c in the previous reporting period. read more
Manufacturers pessimistic about future business conditions

Manufacturers pessimistic about future business conditions

17/02/2015 - 13:16
A higher number of producers were more pessimistic about business conditions over the next year to two years in the fourth quarter of last year compared to a year earlier. read more
Woolies finds plenty in David Jones's locker

Woolies finds plenty in David Jones's locker

16/02/2015 - 09:11
"Woolies will never again be the company it was," CEO Ian Moir told analysts at this week's results presentation. "It will be the Woolies of the future and quite a different group." read more
Eskom to get R23 billion injection

Eskom to get R23 billion injection

13/02/2015 - 10:52
Stabilising Eskom’s finances is a priority and the power utility will be given R23 billion to do so, President Jacob Zuma announced on Thursday. read more
Cheaper prices likely to spur spending

Cheaper prices likely to spur spending

10/02/2015 - 09:48
Consumer spending looks set to improve in SA this year as lower inflation, cheaper food, and fuel, and stable interest rates are likely to boost sentiment. read more
South African e-commerce won’t be a big force: here’s why

South African e-commerce won’t be a big force: here’s why

06/02/2015 - 12:40
Various e-commerce conferences held over the past two decades may have claimed that e-commerce is booming in SA, but Massmart e-commerce executive Colin Fleming begs to differ. read more
Business confidence falters on chaotic events

Business confidence falters on chaotic events

06/02/2015 - 12:20
South Africa’s reputation as a viable and attractive investment destination is uncertain as business confidence continues to take a beating amid the worst power crisis in the post-apartheid era.  read more
What happens to your online life when you die?

What happens to your online life when you die?

06/02/2015 - 12:06
South Africa currently has no existing legislation dealing with what happens to your data after death. read more
Clicks stands by its herbal products despite US findings

Clicks stands by its herbal products despite US findings

06/02/2015 - 10:54
Health and beauty retailer Clicks on Wednesday stood by the integrity of US-based GNC supplements, for which it holds the exclusive distribution rights in SA. read more
SA's net reserves dip in January

SA's net reserves dip in January

06/02/2015 - 10:50
Johannesburg - South Africa's net gold and foreign exchange reserves dipped to $42.145bn in January from $42.727bn in December, data from the SA Reserve Bank (Sarb) showed on Friday. read more
SA’s informal sector sheds 65,000 jobs between 2008 and 2014

SA’s informal sector sheds 65,000 jobs between 2008 and 2014

06/02/2015 - 10:45
SA’s informal sector, which mostly employs the unskilled and those with little education, shed jobs between 2008 and last year while the formal sector added jobs, Statistics SA said in a labour report on Tuesday. read more
SA retailers to get the cream of the crop

SA retailers to get the cream of the crop

05/02/2015 - 12:20
Montic Dairy and Sonnendal Dairies, two major South African private label dairy processors, have recently finalised their much-awaited merger. read more
Foreigner investors still keen on SA retail stock

Foreigner investors still keen on SA retail stock

05/02/2015 - 10:00
With the search for yield set to continue, SA’s favoured retail shares are likely to remain fashionable for foreign investors. read more
SA retailers failing online

SA retailers failing online

05/02/2015 - 09:56
A new study released by the South African Council of Shopping Centres (SACSC) has revealed that South African retailers did little to advance their sub-par online shopping offerings in 2014. read more
Coal price dip cost SA R23bn

Coal price dip cost SA R23bn

05/02/2015 - 09:30
Cape Town - South Africa lost out on R23bn in coal export revenues last year due to a drop in prices for the commodity, the Mines Minister Ngoako Ramatlhodi said on Wednesday. read more
Edcon plans job cuts in cost savings drive

Edcon plans job cuts in cost savings drive

04/02/2015 - 09:37
Edcon plans to slash jobs at its head office to reduce costs, the retailer said on Tuesday, as the debt-burdened company tries to save money to repay bondholders. read more
Get ready for electricity price hikes: DA

Get ready for electricity price hikes: DA

04/02/2015 - 09:27
The resignation of the National Energy Regulator of SA (Nersa) CEO Phindile Baleni will lead to hikes in the electricity price, the Democratic Alliance said on Tuesday. read more
Equites Property Fund: New TFG distribution warehouse

Equites Property Fund: New TFG distribution warehouse

04/02/2015 - 09:24
Equites Property Fund has concluded an agreement with The Foschini Group (TFG) for the development of a 22 000m2 distribution warehouse in Midrand for the major listed apparel, jewellery, and homeware retailer.  read more
SA rapidly approaching fiscal cliff

SA rapidly approaching fiscal cliff

04/02/2015 - 09:17
Johannesburg - The fiscal cliff is rapidly approaching for the South African government, according to Frans Cronjé, CEO of the SA Institute of Race Relations (IRR). read more
Sugar deficit expected after production cuts

Sugar deficit expected after production cuts

04/02/2015 - 09:07
Despite a collapse in the oil price and India raising an export subsidy, indications are that the world sugar market is about to shift into deficit territory for a few years, Illovo Sugar MD Gavin Dalgleish said on Friday. read more
Fastest Growing Industries for 2015

Fastest Growing Industries for 2015

03/02/2015 - 15:57
While it’s hard to say with certainty exactly what 2015 has in store, a review of the past year paints a pretty good picture of what’s to come for job seekers.  read more
SA start-up attracts R20 million cash injection

SA start-up attracts R20 million cash injection

03/02/2015 - 10:04
E-commerce start-up Parcelninja, which provides cloud-based warehousing and delivery solutions in South Africa, has attracted a R20 million investment from C5 Holdings. read more
Credit data reflect subdued economy

Credit data reflect subdued economy

03/02/2015 - 09:37
Credit growth data released on Friday painted a picture of a subdued economy, with broad M3 money supply growing only an annual 7.38% in December from 8.31% the previous month. read more
SAB wins decade-long distribution case again

SAB wins decade-long distribution case again

03/02/2015 - 09:22
The Competition Commission’s decade-long distribution case against brewer SAB has been thwarted once again, this time by the Competition Appeal Court. read more
Break Eskom monopoly or it breaks SA

Break Eskom monopoly or it breaks SA

03/02/2015 - 09:15
Cape Town - Keeping Eskom’s monopoly and control is more important to the ANC than solving this crisis, DA leader Helen Zille said in her newsletter SA Today. read more
Clicks Group reaps rewards of strong promotional activity

Clicks Group reaps rewards of strong promotional activity

30/01/2015 - 11:12
Clicks Group, the retailer that sells medicines and cosmetics, saw buoyant trading in some of its divisions in the period after Christmas and into the new year, driven by strong promotional activity. read more
Blackouts due to economic growth: ANC

Blackouts due to economic growth: ANC

30/01/2015 - 10:58
The strain on the power grid is due to economic growth and development, ANC secretary general Gwede Mantashe said on Wednesday. read more
Fall in producer inflation sharper than expected

Fall in producer inflation sharper than expected

30/01/2015 - 10:05
Annual producer price inflation dropped more than expected in December as the steep slide in the international oil price fed through into lower prices at the factory gate. read more
Fashion retailers look abroad as golden era of consumption frays

Fashion retailers look abroad as golden era of consumption frays

30/01/2015 - 09:53
The rising middle class is so last season. SA’s dwindling economy and glacial employment prospects has seen the consumption boom taper off, with fashion retailers such as The Foschini Group (TFG) and Woolworths casting their nets offshore. read more
R700 billion lost to corruption in South Africa

R700 billion lost to corruption in South Africa

30/01/2015 - 09:26
South Africa has lost R700 billion to corruption over the last 20 years, the Institute of Internal Auditors said on Wednesday. read more
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