Retail Trends 2016

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NEWS ANALYSIS: Chesa Nyama owner listing short of gravy

It feels as if the listing of Gold Brands Investments, the owner of the Chesa Nyama fast-food franchise, on the JSE's AltX market has been on the boil for some time...

By Marc Hasenfuss

Italtile profit improves on fewer imports

Reducing imports and stocking up on locally produced goods saved Italtile from the weak rand made worse by subdued building activity during the six months to December...

By Fifi Peters

PayGate enters into partnership with TransAfrica

Payment service provider PayGate has entered into a partnership with Trans Africa Solutions, an African secure payment solutions company whose patented Smart Code product, SCode, allows barcoded invoices to be settled in cash at retailers and Post Offices throughout South Africa...

Sovereign blocks rival in BEE scheme

Poultry group Sovereign Food Investments has tweaked its controversial black economic empowerment (BEE) deal, thereby saving a bundle in costs and precluding a competitor from "grossly abusing" an appraisal rights mechanism...

By Marc Hasenfuss

Gold Brands Investments gets green light for listing

Gold Brands Investments has been granted approval by the Johannesburg Stock Exchange for the listing of its ordinary shares on the AltX board, under the abbreviated name Gold Brands and share code GBI, with the commencement of trading on Friday, 12 February 2016...

Gold Brands Investments and Circle Food Group in R100 million deal

Gold Brands Investments has announced that it has concluded a R100 million deal with the Circle Food Group, prior to its listing on the JSE AltX...

Milk glut sees cut in price and earnings

The current oversupply of milk is good news for consumers, who can expect to pay lower prices, but not for shareholders of Clover Industries, SA's biggest milk producer...

By Fifi Peters

Amazon delivers big profits but shares dive

SAN FRANCISCO - US online giant Amazon on Thursday reported profits doubled in the past quarter, as it attracted more customers with video and other services, but the results missed Wall Street forecasts...

Shepherding online classified payments

Shopping online classifieds usually means having to draw wads of cash before meeting a stranger on a street corner, because you really want that textbook or iPhone they advertised...

Diversity is AVI's strength as profit weathers storms

Consumer brands group AVI is set to report consistent profit growth in the first half of its financial year, despite the marked deterioration in the economy and household spending over the period...

By Fifi Peters

Clicks posts solid growth amid cosmetics glitter

Strong trading by Clicks Group during the festive season and into the new year has signalled that even in tough times, beauty products remain an affordable luxury...

By Zeenat Moorad

Gold Brands Investments says that JSE listing is on track

Gold Brands Investments, the owner of fast food franchise Chesa Nyama, has confirmed that its listing on the AltX of the JSE is on track. Chesa Nyama has stores in South Africa, Zimbabwe, Swaziland, Botswana, Zambia, Namibia and Lesotho...

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