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Lewis fall gains momentum

The Lewis share price slumped to its lowest level in seven years on Friday after a trading update revealed that the soon-to-be released interim results would show earnings down by as much as a staggering 45% on the financial 2016 interims. The share fell 8% to R38 in morning trade before recovering to close at R40.27, a fall of 3.3% on the day...

By Ann Crotty 1 hour ago

Computicket fails to get anti-competitive behaviour complaint dismissed

Shoprite subsidiary Computicket's attempt to have anti-competitive behaviour complaints against it dismissed "because it was made by the commission not the commissioner" was dismissed by the Competition Tribunal on Friday...

By Robert Laing 1 hour ago

Coke, Pepsi fund health groups ... but fight them too: study

NEW YORK - Coca-Cola and Pepsi have given millions of dollars to health organisations while quietly fighting anti-obesity measures such as taxes on soft drinks...

14 Oct 2016

From farm to freezer: the EU pork production chain

For EU meat companies, the tracing back of their pork production is in-depth, with packaging labels giving consumers the full guide of the pork production process...

11 Oct 2016

Warning to firms who don't lower food prices after drought ends

The Competition Commission is closely watching businesses in the food sector whose prices may have risen as a result of the drought...

7 Oct 2016

SA Rooibos IP innovation attracts international attention

The extensive trademarks and patents protecting two South African botanical treasures...

6 Oct 2016

CGT on shares of SABMiller a point of dispute

Despite rumblings from SA's tax authority suggesting that the opposite could be true, Nedbank Private Wealth believes its offer to SABMiller shareholders - which would delay capital gains tax (CGT) liabilities on profit earned in the Anheuser-Busch InBev (AB InBev) takeover - is provided for in the Income Tax Act...

By Hanna Ziady 4 Oct 2016

#WorldAnimalDay: getting McDonalds SA to commit to cage-free chickens

Media and other influencers joined Angus McIntosh at the Spier Biodynamic Farm last week to see what free-range chickens actually look like, in support of the petition to get McDonals to commit to...

4 Oct 2016

Lewis targets Woollam with fresh claims

The legal battle between Lewis and activist shareholder Dave Woollam appears to have moved back to the Financial Services Board (FSB) where its directorate of market abuse, hours after clearing Woollam of insider trading charges, informed him he was once again under their spotlight...

4 Oct 2016

Ecowize MD warns of repercussions of brining regulations on price increases and job losses

The North Gauteng High Court has rejected the South African Poultry Association (SAPA)'s brining review application, as well as its application for suspension. This means that the amount of brine that can be injected into chicken will be capped at 15% from 22 October 2016, as per the new regulations.

30 Sep 2016

4th Addis Agrofood Exhibition in Ethiopia

The fourth International Addis Agrofood Agriculture, Agricultural Machinery, Food, Food Technologies and Packaging Exhibition is one of the fastest growing agro-food events...

27 Sep 2016

Judgment on poultry meat regulations welcomed

Agriculture, Forestry and Fisheries Minister Senzeni Zokwana has welcomed the judgment in the case brought by the South Africa Poultry Association (SAPA) against poultry meat regulations...

23 Sep 2016

SARS could lose out on AB InBev bonanza

The Anheuser-Busch InBev (AB InBev) takeover of SABMiller may not prove to be as big a bounty for the taxman as initially thought, if South African-based retail investors opt to use Section 42 of the Income Tax Act to delay paying Capital Gains Tax (CGT) on their profits from the £45-a-share offer...

By Ann Crotty 21 Sep 2016

EU probes Polish supermarket tax

BRUSSELS - The European Union on Monday opened a probe into Poland's new tax on supermarkets, risking to worsen a row with conservative-led Warsaw...

20 Sep 2016

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