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Drinks makers release study to challenge planned sugar tax

Econex says demand for sugar-sweetened drinks is inelastic, consumption will not fall as sharply as the policy paper predicts, and there will consequently be a smaller health impact...

By Tamar Kahn 9 hours ago

Sovereign 'not a financial burden'

The acquisition of Sovereign Foods would not be a financial burden for Country Bird Holdings (CBH), CEO Marthinus Stander said in response to charges by Sovereign that his company was using the acquisition to get out of financial difficulty...

1 day ago

How will the Draft Liquor Amendment Bill of 2016 affect the hospitality industry?

The proposed Draft Liquor Amendment Bill of 2016 is set to complicate South Africa's liquor regulatory environment even more...

2 days ago

Heiress to Nina Ricci fortune launches tax fraud appeal

PARIS - The heiress to the fortune of French couturier Nina Ricci on Thursday launched an appeal to avoid jail time for tax fraud, in one of the toughest sentences of its kind in French fiscal history...

2 days ago

Gilt wears thin for Gold Brands franchise holders

When Gold Brands Investments, owner of the Chesa Nyama fast-food franchise, listed on AltX 11 months ago, the share price plummeted 45% to end the first day of trading at R1.12 a share. It has barely recovered since...

By Palesa Vuyolwethu Tshandu 2 days ago

SAPPO establishes Pork 360 Quality Assurance certification programme

South African Pork Producers Association (SAPPO) has established Pork 360 Quality Assurance certification programme, which extensively focuses on meat safety, meat quality, traceability and animal welfare. Pork 360 products are available exclusively to Food Lover's Market and Winelands Pork in the Western Cape...

29 Nov 2016

Good news and bad for local poultry industry

The good news for the poultry industry is that the worst of the drought is over. The not-so-good news is that the full benefits may take another six months to materialise...

By Ann Crotty 28 Nov 2016

Pick n Pay fails in bid to block Game trading

Retail giant Massmart staved off an attempt by rival retailer Pick n Pay to prevent one of its subsidiaries, Game, from operating as a supermarket at a Western Cape shopping centre...

By Alistair Anderson 28 Nov 2016

Constitutional Court rules on Pick n Pay's mall exclusivity case

The Constitutional Court on Friday refused to give Pick n Pay Retailers an interdict to stop Masstores' Game store from trading as a supermarket...

By Franny Rabkin 28 Nov 2016

Sovereign to ditch BEE plans

Thirteen months after it first proposed the creation of a controversial black economic empowerment (BEE) scheme, Sovereign Foods has told shareholders it has decided to abandon the plan...

By Ann Crotty 25 Nov 2016

Edcon and watchdog sing from same book

CEO Bernie Brookes prioritises competition authorities' conditions in the group's strategic plan...

By Ann Crotty 24 Nov 2016

China hits Tetra Pak with $99m anti-trust fine

BEIJING - Chinese regulators have slapped Swedish firm Tetra Pak with a 668 million yuan ($98.5 million) fine following an anti-trust probe into the global packaging giant...

17 Nov 2016

Fine-tuning of credit rules on the cards

The National Credit Regulator (NCR) has submitted amendments to its affordability assessment regulations to tackle anomalies in the informal economy. Retailers are complaining that the anomalies are clipping millions off their sales.

By Moyagabo Maake 15 Nov 2016

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