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SABMiller profit hit by strong dollar

SABMiller profit hit by strong dollar

18/05/2015 - 08:58
Currency headwinds because of a strong dollar saw full-year profit at SABMiller fall slightly, while its overall performance continued to be propped up by emerging markets such as Africa and Latin America. read more
Ackermans shining example of how to cut electricity costs

Ackermans shining example of how to cut electricity costs

15/05/2015 - 09:20
Cape Town – An innovative project by retailer Ackermans to save electricity and reduce costs landed them a hot prize at the African Utility Week in Cape Town on Wednesday. read more
Unless ‘labour issues addressed, unemployment woes will persist’

Unless ‘labour issues addressed, unemployment woes will persist’

15/05/2015 - 09:13
Unless the labour environment is addressed, SA’s high unemployment problems will persist even if the economy grows fast, warns an economist at one of the country’s biggest financial services firms. read more
Eskom’s greed will lead to bankruptcy

Eskom’s greed will lead to bankruptcy

14/05/2015 - 11:11
Eskom’s greed will plunge large numbers of consumers and business into debt according to an economist and a debt expert. read more
Patel gives go-ahead for probe of fairness in retail sector

Patel gives go-ahead for probe of fairness in retail sector

14/05/2015 - 10:12
The Competition Commission is taking aim at the retail sector to see if it enjoys sufficient competition after the authorisation by Economic Development Minister Ebrahim Patel of a market inquiry. read more
Online tax laws holding SA companies back

Online tax laws holding SA companies back

13/05/2015 - 10:43
South African companies are unable to compete with multinationals selling goods and services online in the country, partly because of tax laws. read more
High 5! Youth vote Engen for fifth straight Generation Next win

High 5! Youth vote Engen for fifth straight Generation Next win

11/05/2015 - 15:14
Engen Petroleum, South Africa’s fuel market leader has once again won the “Coolest Petroleum Brand” in the respected Sunday Times Generation Next awards. read more
Leading Australian retail brand, Cotton On, re-open in Clearwater Mall

Leading Australian retail brand, Cotton On, re-open in Clearwater Mall

11/05/2015 - 14:58
The Cotton On Group is thrilled to announce the re-opening of the Cotton On store at Clearwater Mall, Roodeport on 15 May 2015.  read more
Budget deficit narrows to 4.3% of gross domestic product

Budget deficit narrows to 4.3% of gross domestic product

08/05/2015 - 11:23
The budget deficit for 2014-15 has been reduced to 4.3% of gross domestic product due to higher than expected tax revenue collections and lower government expenditure, the Treasury said in a statement on Thursday. read more
Amstel Lite is staying

Amstel Lite is staying

07/05/2015 - 14:58
Cape Town - Brandhouse Beverages (Pty) Limited, the brand owners of the iconic Amstel Beer brands in South Africa, announced this morning that the Amstel Lite beer can design will not be replaced nor amended in the market. read more
The world’s biggest wine producers

The world’s biggest wine producers

07/05/2015 - 13:14
South Africa is one of the biggest wine producers and exporters in the world – but the relative affordability of our offerings means the country does not benefit as much financially as some of its counterparts. read more
Eskom says no to R1.5 billion cost-cutting

Eskom says no to R1.5 billion cost-cutting

06/05/2015 - 09:36
Acting Eskom CEO Brian Molefe says that he is unwilling to cut the power utility’s R1.5 billion staff catering bill, despite its financial crisis. read more
Retail: Richemont plays catch-up

Retail: Richemont plays catch-up

06/05/2015 - 09:32
Swiss luxury goods maker Richemont is rolling out high-tech straps to counter the smartwatches designed by Apple and others.  read more
Ellies plunges on trading update

Ellies plunges on trading update

06/05/2015 - 09:01
Ellies Holdings shares plunged as much as 21% on Tuesday following a weak trading update and the announcement of a rights issue. read more
Franchise sector to grow local entrepreneurial base

Franchise sector to grow local entrepreneurial base

05/05/2015 - 09:47
The franchise industry has been resilient; experiencing strong growth during the tough economic conditions witnessed over the past six years, and has seen an increase in investment by franchisees and franchisors, especially amongst smaller franchised businesses with lower setup costs.  read more
Car accidents cost SA economy R306 billion

Car accidents cost SA economy R306 billion

05/05/2015 - 08:51
The Road Accident Fund (RAF) spends up to R1.5 billion a month covering victims of road accidents in South Africa. read more
Producer inflation accelerates in March

Producer inflation accelerates in March

04/05/2015 - 10:38
Producer inflation accelerated in March amid higher food, beverage, and tobacco prices, Statistics SA reported. read more
South Africa loses investor confidence

South Africa loses investor confidence

30/04/2015 - 10:36
Business leaders are increasingly looking for global opportunities for growth, but not in South Africa, according to the 2015 FDI Confidence Index released this week. read more
Gateway wins Busiest Day Award for 11th consecutive year

Gateway wins Busiest Day Award for 11th consecutive year

28/04/2015 - 15:17
The Gateway Theatre of Shopping centre, marketed by Primedia Unlimited’s shopping centre marketing specialists, Primedia Lifestyle Marketing Services, has been awarded HeadCount’s Busiest Day of the Year Award for 2014 in the Super Regional category for the eleventh consecutive year.  read more
Google case spotlights decline of shopping sites

Google case spotlights decline of shopping sites

20/04/2015 - 10:21
The biggest antitrust battle in a decade centres on comparison-shopping websites like Nextag, BizRate and LeGuide, which have been crushed by the rise of new ways of finding goods and services online. Depending on whom you ask, their demise is due to either illegal, anticompetitive moves by Google or superior technology from Amazon.com or other e-commerce companies. read more
Chances of load shedding medium to high - Eskom

Chances of load shedding medium to high - Eskom

20/04/2015 - 09:04
Cape Town - Without announcing definite power cuts for Monday, Eskom warned in a tweet that the "load shedding prognosis for today is medium to high" and is "dependent on the performance of our power plants". read more
Value of tax free savings questioned

Value of tax free savings questioned

20/04/2015 - 08:56
Given the low annual and lifetime limits for contributions to tax-free investment products, one may be forgiven for wondering what the point really is, according to David Warneke, national head of corporate tax at BDO South Africa. read more
Coffee drives traffic and sales in the SA convenience store retail sector

Coffee drives traffic and sales in the SA convenience store retail sector

17/04/2015 - 15:14
The international rise of coffee culture has spread rapidly throughout urban centres and has become one of the most competitive markets in the food and beverage industry. With competition for the customers’ coffee Rand at an all-time high, convenience stores have become one of the preferred destinations for coffee drinkers who are looking for a quality cup of coffee on the run. read more
Things get more complicated for Eskom in winter

Things get more complicated for Eskom in winter

16/04/2015 - 08:30
Load shedding is expected to continue through the period of high electricity demand in winter, as necessary maintenance on Eskom’s plants need to be carried out, Minister of Public Enterprises Lynne Brown told a media briefing on Wednesday (15 April) afternoon. read more
Poor economic conditions impact confidence levels of SA SMEs

Poor economic conditions impact confidence levels of SA SMEs

10/04/2015 - 14:23
Local small and medium enterprise (SME) owners continue to be apprehensive about the regulatory and economic challenges facing the sector and country as a whole. This is according to the fourth quarter 2014 Business Partners Limited SME Index (BPLSI), which measures attitudes and confidence levels among local SME owners. read more
Nene says revenue growth ‘remains resilient’

Nene says revenue growth ‘remains resilient’

10/04/2015 - 09:08
The South African Revenue Service (SARS) has collected R986.4bn in tax revenue in the 2014-15 financial year, which ended on March 31, supported by growth in personal income tax revenue. read more
Medupi lock-out a declaration of war – Numsa

Medupi lock-out a declaration of war – Numsa

09/04/2015 - 10:17
Cape Town – The National Union of Metalworkers of South Africa (Numsa) said it would make a decision on Wednesday regarding possible strike action at Medupi power station in Lephalale, with a warning that Eskom’s lockout of workers is a declaration of war. read more
Sticky issue of ownership at heart of empowerment

Sticky issue of ownership at heart of empowerment

09/04/2015 - 10:12
Ownership is at the heart of the mining charter, said Mineral Resources Minister Ngoako Ramatlhodi last week. read more
Business divided over industrialists scheme

Business divided over industrialists scheme

07/04/2015 - 10:37
Executive Herman Mashaba has strongly criticised government’s programme to create 100 black industrialists in the next three years, describing it as short-term and unsustainable.  read more
No growth boost from retail sales

No growth boost from retail sales

19/03/2015 - 11:34
Retail sales increased last month but at a slower pace than over the past three months, indicating that spending by consumers is modest and not significantly supportive of economic growth. read more
FreshStop’s 185th store opens as its first in the North West Province

FreshStop’s 185th store opens as its first in the North West Province

18/03/2015 - 13:35
The FreshStop at Caltex Brits convenience store opened its doors at 17 Hendrik Verwoerd Avenue in Brits on the main route between Pretoria and Thabazimbi on 12 March 2015 as the 185th store in the national FreshStop network and the 1st store in the North West Province.  read more
Massive petrol price hike in April

Massive petrol price hike in April

18/03/2015 - 10:04
The price of petrol could, in April, increase by the highest nominal amount in history for the second consecutive month, the Solidarity Research Institute (SRI) said on Tuesday. read more
SA cannot afford ‘single day of a strike’

SA cannot afford ‘single day of a strike’

17/03/2015 - 09:21
Business Unity SA (Busa) head Khanyisile Kweyama has warned of the dire effects of power cuts and "of even one day of a strike", as she joins the American Chamber of Commerce, International Monetary Fund and rating agencies in expressing concern over the state of the economy. read more
Data-heavy week includes SA balance of payments

Data-heavy week includes SA balance of payments

16/03/2015 - 14:12
This will be a data-heavy week, with the latest current account, inflation, and retail sales figures all due to be released. read more
Bread market ‘competitive’ in KwaZulu-Natal and Western Cape

Bread market ‘competitive’ in KwaZulu-Natal and Western Cape

13/03/2015 - 11:48
The bread market in KwaZulu-Natal and the Western Cape has become "very competitive" on prices, according to Tiger Brands, which owns the Albany brand. read more
Shoprite goes to top court over loss of licence to sell wine next to food

Shoprite goes to top court over loss of licence to sell wine next to food

13/03/2015 - 11:16
When grocery retailers in the Eastern Cape lost their licences to sell wine on their shelves alongside groceries, it was an arbitrary deprivation of property, Shoprite Checkers argued at the Constitutional Court on Thursday.  read more
Why we don’t like shopping online in SA

Why we don’t like shopping online in SA

11/03/2015 - 09:09
Physical stores are still the preferred destination for shoppers in South Africa, despite significant growth in online shopping. read more
Leading Australian retail brand, Cotton On, re-open and launch Typo in Somerset Mall

Leading Australian retail brand, Cotton On, re-open and launch Typo in Somerset Mall

10/03/2015 - 14:04
The Cotton On Group is thrilled to announce the launch of their Typo store and re-opening of the Cotton On store at Somerset Mall, Somerset West, on 13 March 2015.  read more
What’s next for Medupi?

What’s next for Medupi?

05/03/2015 - 09:43
The first unit of the Medupi power station is finally adding electricity to the South African power grid, but there is a long wait ahead before the next unit is ready to follow. read more
Steinhoff shows steady growth in a difficult European market

Steinhoff shows steady growth in a difficult European market

04/03/2015 - 10:24
Steinhoff International’s first-half profit rose 7 percent as market share increased, the furniture chain, which last year agreed to buy Pepkor for $5.3 billion (R62bn), said yesterday.  read more
Government budget plan won’t pull Eskom from crisis

Government budget plan won’t pull Eskom from crisis

02/03/2015 - 12:49
Multiple experts and commentators, including energy expert Chris Yelland, say that government’s budget plans for Eskom have done nothing to fix the fundamental management and operational issues that are keeping the power utility in its current state of crisis. read more
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