Franchise sales up 16.8% for Famous Brands

Famous Brands has reported that its franchise sales increased 16.8% in the March to May quarter with a 16% improvement in South Africa and a 27.2% improvement in the rest of Africa region. 19 Jun 2013 11:34

Wholesale trade sales keep rising

Wholesale trade sales at constant (2012) prices increased by 7.2% year-on-year (y/y) in April compared with a revised 0.5% (0.7%) y/y decrease in March‚ Statistics SA (Stats SA) data showed on Thursday (13 June). 14 Jun 2013 07:36

IMPERIAL Logistics

Prestigious sustainability award goes to green-thinking Imperial CEO

[Issued by IMPERIAL Logistics] In recognition of his success in greening African supply chains, Imperial Logistics CEO Marius Swanepoel was presented with the "Sustainability Leadership Award" at the annual Sustainable Business Awards, hosted by Nedbank Capital. 13 Jun 2013 12:47

Fast foods popular and highly rated in SA

South African consumers like fast foods and they have given the retail outlets a customer satisfaction score of 79 out of 100‚ according to the South African Customer Satisfaction Index (SAcsi)‚ released on Monday, 10 June 2013. 11 Jun 2013 07:04

Tolling boosts economic growth, business - SANRAL

The South African National Roads Agency (SANRAL) claims tolling makes transport easier, boosts economic growth and individual businesses and also makes travelling much more pleasant for private citizens. 11 Jun 2013 05:39

Edcon's growth hinges on its initiatives

The unlisted owner of clothing chains Edgars and Jet‚ Edcon‚ on Tuesday (4 June) said it expected to see positive benefits from its strategic initiative investments in the medium term. 5 Jun 2013 08:00

Hard times for retailers as spending falls

[Zeenat Moorad] Food inflation and increases in the price of petrol and municipal services will continue to "burden consumers' disposable income‚ while economic growth and household spending is likely to remain sluggish", Pick n Pay chairman Gareth Ackerman warned in the group's annual report on Monday, 3 June 2013. 4 Jun 2013 12:08

Sustainable businesses honoured

The inaugural Nedbank Capital Sustainable Business Awards saw leading South African companies recognised for their long-term efforts towards sustainability. The ceremony took place at the banking giant's corporate head office in Sandton. 4 Jun 2013 06:47

Code of conduct for suppliers coming

[Linda Ensor] All suppliers active within the consumer goods and services industry will have to comply with the industry code of conduct and ombudsman scheme, once it is approved by Trade and Industry Minister Rob Davies. 3 Jun 2013 07:47

Rainbow looking for Zambia's pot of gold

[Zeenat Moorad] Following its acquisition of a stake in Zam Chick from Zambian agricultural producer Zambeef‚ Rainbow Chicken on Thursday (30 May) said it had reached an agreement with Zambeef to establish a joint hatchery operation for the supply of day-old chicks. 31 May 2013 09:07

Foschini adds more cash to its coffers

Retailer The Foschini Group (TFG) has reported an 11.2% rise in headline earnings per share to 858.6c for the year ended March 2013 from 772.0c a year ago. Diluted HEPS were 11.1% higher at 851.3c. 31 May 2013 08:48

Neotel's earnings up 531% as cash flows

Neotel‚ South Africa's first converged communications network operator‚ on Wednesday (29 May) reported revenue growth of 12% while achieving the major milestone of being earnings-positive. 30 May 2013 07:37

197m people paying MTN for services

Telecommunications group MTN said on Tuesday (28 May) that the group had increased its subscriber base by 4% in the four months to April 30 to 197.4m mobile subscribers across its operations. 29 May 2013 08:31