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Retail survey finds retailer confidence at a 15-year low

The latest EY/Bureau for Economic Research (BER) Retail Survey indicates a sharp deterioration in the business confidence levels of retailers during 2016Q2. The percentage of retailers that reported that they were satisfied with prevailing business conditions dropped from 44% in 2016Q1 to a 15-year low of 26% in 2016Q2...

21 Jun 2016

Finch makes a comeback to JSE with Mama Chaka's

Newly listed fast foods franchisor Gold Brands Investments, which owns the Chesanyama brand, has acquired affordable eatery concept Mama Chaka's - heralding an unexpected return to the JSE of food sector entrepreneur Dennis Finch...

By Marc Hasenfuss 21 Jun 2016

Gold Brands, JSE's newest fast-food franchisor, posts maiden profit

Gold Brands Investments, the restaurant franchisor that listed in February, reported R235.5m revenue and R9m aftertax profit for the year to end-February...

20 Jun 2016

Steinhoff reveals twist in pursuit of Poundland

Steinhoff International, after revealing itself as the mystery buyer of a sizeable stake in UK retailer Poundland, had by Thursday snapped up 23% of the discount store chain...

By Fifi Peters 17 Jun 2016

Vendor verification is part of business reputation

Having a good business reputation is essential for survival in the market place and is one of the most significant assets an organisation can have...

15 Jun 2016

Brait reports 76% growth in net asset value per share

Brait, the owner of UK chains New Look, Virgin Active and Iceland Foods along with South African fast moving consumer goods group Premier, reported on Tuesday that its net asset value per share grew 76.7% to R77.12 over the year to end-March...

By Robert Laing 15 Jun 2016

Foschini sweetens Murray's stay as chief with share offer

The Foschini Group's (TFG's) CEO, Doug Murray, will reach retirement age in March 2017, but the company is in no hurry to see him go...

By Colleen Goko 15 Jun 2016

Is EFT the new payment comeback kid?

Electronic Fund Transfers may be one of the older payment methods on the block, but thanks to fraud and crime they are experiencing a revival...

By Johan Dekker 14 Jun 2016

The Foschini Group has big growth plans

Even in the best of economic times it takes confidence and nerve for a company to present a five-year forecast. The Foschini Group (TFG) has done just that...

By Stafford Thomas 13 Jun 2016

wiGroup named winner of the FNB Innovation Awards

A mobile payment platform, wiGroup, was recognised as the overall winner of the 2016 FNB Business Innovation Awards, for using innovation to drive business growth...

10 Jun 2016

Woolworths' Reeza Isaacs named SA's CFO of the Year

Reeza Isaacs, group finance director of Woolworths Holdings and a CA(SA), was named South Africa's CFO of the Year at the 2016 CFO Awards gala event in Johannesburg on 12 May 2016...

9 Jun 2016

Amazon's Jeff Bezos bets on India with $3bn investment

NEW DELHI - Amazon chief executive Jeff Bezos has pledged to invest $3 billion in India, in a big bet on the growth of online shopping in the fast-growing South Asian economy...

9 Jun 2016

ABSA, by Design Partnership

If you have ventured to the brand new Mall of Africa you may have seen the new ABSA bank branch. Creating a stir with the images and video that are doing the rounds on social media, it's an ongoing project by Design Partnership...

By Dave Nemeth 7 Jun 2016

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