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Kaap Agri sees good demand at listing

Farming community retailer Kaap Agri enjoyed a strong debut on the JSE. The company reached as high as R64.01 in steady trading volumes...

12 hours ago

Kaap Agri lists on JSE in speciality retailer sector

Kaap Agri Limited, specialising in retailing and trading in agricultural, fuel and related retail markets in southern Africa, has listed in the “Speciality Retailer” sector of the JSE's Main Board...

2 days ago

#StartupStory: Flexpay

In the #StartupStory spotlight this week is Flexpay: a product created in response to the high demand in the market for purchasing goods via piecemeal payments...

By Ilse van den Berg 19 Jun 2017

Sodexo and Jumia Food Kenya partner on mobile payment solution for employees

Sodexo Group has signed a new partnership with Jumia Food Kenya to offer employers a seamless mobile solution dubbed M-Kula...

8 Jun 2017

PFA penalises RA fund for breaching duty of care

The Pension Funds Adjudicator has ordered Discovery Retirement Annuity Fund to refund a member R16,740.65 for unlawfully deducting an early exit fee...

2 Jun 2017

Mr Price Group accused of breaching National Credit Act

The National Credit Regulator has referred Mr Price Group to the National Consumer Tribunal for breach of the National Credit Act...

2 Jun 2017

Six trends in retail payments

Payments technology plays a critical role for retailers, ensuring a fast and smooth shopping experience for consumers, as they transact billions of rand every month...

1 Jun 2017

NetFlorist enables shared payments

NetFlorist has introduced GiftTogether, a new payment initiative which allows one to get together with other people, select a gift and share the costs...

23 May 2017

Nod for Steinhoff Africa assets spin-off

Analysts have praised Steinhoff's decision to list its African assets separately, saying the move allows the businesses to emerge from the shadow of its international operations...

By Colleen Goko 19 May 2017

Contactless payments forecast to exceed $1tn by 2019

The global value of contactless transactions made via payment cards, mobile and wearables, will reach $1.3 trillion by 2019...

16 May 2017

African Pioneer in brand plan

Eastern Cape businessman Stephen Dondolo says his black-owned investment firm African Pioneer Group plans to enter the beverage market...

11 May 2017

Shoprite interest up as Basson sells stock

In an unprecedented move, Shoprite/Checkers is being forced to repurchase R1.8bn worth of shares from former CEO Whitey Basson...

By Ann Crotty 8 May 2017

JSE launches Soya Bean Crush futures contract

Following interest from both soya bean processors and commodity traders, the JSE launched a Soya Bean Crush futures contract, providing simultaneous exposure to soya beans as well as its processed by-products...

8 May 2017

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Research reveals key drivers of sharing economy

A whitepaper, based on an investigation undertaken by Mastercard and The Future Agenda, reveals the key drivers of the ever growing sharing economy, outlining the challenges and future opportunities surrounding it.

12 hours ago

China Guangxi business matchmaking opens at SAITEX

The ‘Brands of China African Showcase' was launched at Gallagher Convention Centre, alongside the Southern African International Trade Exhibition (SAITEX) to enhance Sino-South Africa trade relations.

1 day ago

China, Hong Kong top hubs for fake goods: Europol

China and Hong Kong are overwhelmingly the largest shipment centres for fake goods sold around the world, in a growing, complex battle against sophisticated counterfeiters, Europe's police agency said Thursday.

23 Jun 2017

Woolies faces fight on many fronts

Shares in Woolworths, once regarded as a recession-proof retailer, are trading close to three-year lows as the company finds itself stuck between SA's stalling economy, the cash-guzzling turnaround of its David Jones acquisition in Australia and an impending competitive onslaught from Shoprite, which is moving up-market.

By Giulietta Talevi 22 Jun 2017

PMI to invest $320m into German Heets production facility

Philip Morris International (PMI) will invest approximately $320 million in a new high-tech facility in Dresden, Germany, to produce Heets, the tobacco units to be used with the electronic tobacco heating device IQOS. Construction of the 80,000 m2 facility is scheduled to begin in late 2017. Operational in early 2019, the factory is expected to employ about 500 people.

22 Jun 2017

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