Retailer Pick 'n Pay reported an increase in headline earnings per share (HEPS) for the year ended March of 24.4% to 138.51c up from 111.30c for the previously reported 368-day period in 2013.
16 Apr 2014 10:17
The soft drinks division of South African Breweries (SAB) plans to cut more than 10% of its workforce in a restructuring programme aimed at reducing costs‚ SAB confirmed on Monday, 14 April 2014.
By Nick Hedley 15 Apr 2014 16:33
In the next two to three years Woolworths is planning to open 15 stores in sub-Saharan Africa, including in Kenya, Mauritius and Namibia, reports Reuters.
14 Apr 2014 11:47
Grant Pattison has decided to step down as CEO of Massmart, effective 1 June 2014, the Group announced today, 11 April 2014. Guy Hayward, currently chief operating officer, has been named as his successor. The appointment is in line with the Group's succession plan, enabling a smooth leadership transition.
11 Apr 2014 15:32
Famous Brands on Wednesday, 9 April 2014, said it had established a strong platform for growth in the Middle East and North Africa regions with the signing of a master license agreement for Saudi Arabia‚ Lebanon‚ Morocco‚ Iran and Egypt.
By Zeenat Moorad 11 Apr 2014 11:32
Domino's Pizza, described as the world's largest pizza chain, has signed a 30-year master licence agreement with Taste Holdings, which will enable it to develop the brand in South Africa, Lesotho, Swaziland, Namibia, Botswana, Zimbabwe and Mozambique. Zambia and Malawi will follow, on the fulfilment of certain conditions.
10 Apr 2014 08:59
MediaCom, one of the world's leading media communications specialists, has signed a deal with mobile advertising server Medialets as part of its drive to simplify mobile tracking for advertisers.
9 Apr 2014 08:37
Pioneer Food Group said late last week it expected its adjusted earnings for the half-year ended March to jump between 38% and 52%‚ compared with the prior interim period.
8 Apr 2014 15:53
Swimwear brand, Speedo, has scooped the 'Fan Brand of the Year' accolade at this year's Sports Technology Awards in London. Voted for by sports fans all over the world, Speedo beat out stiff competition from over 30 global sportswear brands.
8 Apr 2014 15:01
Leading brand consultancy Interbrand has released its fourth annual global report dedicated to the retail sector. The report highlights emerging trends from seven major retail categories across Asia-Pacific, Europe, Latin America and North America.
Issued by Interbrand Sampson De Villiers 8 Apr 2014 13:38
SABMiller has announced that the chairman of SABMiller Beverages South Africa is retiring and the South African and African business management will be combined into the SABMiller Africa region from 1 July 2014, headed up by Mark Bowman. Bowman is currently MD of SABMiller Africa.
8 Apr 2014 09:54
The Southern African Clothing and Textile Workers Union (Sactwu) has launched its first, in-house designer clothing collection, called 'Collaborative 25', in celebration of 25 years at the forefront of championing the clothing, textile, footwear and leather sectors.
7 Apr 2014 11:06
Astral Foods (ARL) has entered into a long-term supply agreement with Quantum Foods whereby Quantum will supply Astral with about 550,000 broilers a week.
3 Apr 2014 14:32
Perfect Wines of South Africa, a JV formed in 2011 between businessman Hein Koegelenberg and Perfect China in Yangzhou, has now renovated the L'Huguenot wine cellar at Val de Vie estate, located in the heart of the Winelands, between Paarl and Franschhoek.
3 Apr 2014 11:34
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