14 Apr 2014Contact usSubmit newsAdvertise on bizList your company
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Retail

Business is blazing

Just when it seems like things are slowing down for the autumn and its ubiquitous holidays, someone turns the heat back on. And I'm not talking about the heatwave we had in Cape Town over the weekend. Business is on fire at the moment, with a number of deals being signed last week.

Taste Holdings is setting itself up to be the dominant player in the quick-service pizza arena, having signed a master licence agreement to bring America's Domino's Pizza to SA shores. Famous Brands is looking north, and will be exporting Steers‚ Wimpy, Debonairs Pizza and Mugg & Bean to Saudi Arabi, Egypt and Morocco, among other places.

Woolworths has set it's compass eastward, and put in an offer for Australia's David Jones. The acquisition would make Woolies one of the 10 largest department store operators in the world.

The French have taken an interest in local business, with BNP Paribas Personal Finance set to buy RCS from TFG and Standard Bank.

And finally, Massmart will bid adieu to its CEO, Grant Pattison, after seven years and the major Walmart deal. Wishing him the best of luck with his future endevours.

Have a wonderful week everyone!

Shan Radcliffe, Group Head - Retail (@Biz_Retail)
Image: © © majcot - Fotolia.com

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Today's top stories
Managing expectations in franchising

Sally J'Arlette-Joy

Managing expectations in any business is a challenge in its own right. In the franchising industry, this challenge is often magnified, with both the franchisor and franchisee bringing their set of expectations into the franchise agreement.

Read more >>

Massmart CEO Grant Pattison resigns

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.

Read more >>

New curator for V&A craft market

The Red Shed and Blue Shed at the V&A Waterfront gets a new space, a new name and a new curator, Trevyn McGowan. The R50 million renovation of the area will see the focus broaden to craft and design, and the name 'Watershed' reflect its place as a talent incubator, giving tenants exposure to the many local and international visitors the Waterfront welcomes on an annual basis.

Read more >>


Retail
Woolworths' expansion plan in Africa
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. Read more >>

Banking & Finance
Will Telkom's turnaround work?

Gugu Lourie

It seems Telkom's Chief Executive Sipho Maseko has let slip its turnaround strategy but the big question is whether it can work. Read more >>

'Heartbleed' computer bug may rob you

Matthew Savides

South African internet users are advised to change their passwords on websites, and possibly even those used for their banks or financial institutions, after the discovery of the Heartbleed bug. Read more >>

Commercial Property
Town rents out owners' land to Vodacom

Bobby Jordan

Property developer Pierre Gerber thought he owned a share of a pristine Karoo koppie outside Ladismith in the Western Cape. Read more >>

CSI
Guilt free shopping to raise funds for charity
Shop for Good is an online pop-up shop where you can purchase a range of items for a cause. Read more >>

Health & Safety
Initial wins second European design award

Issued by Rentokil Initial

Initial Hygiene, a leading provider of hygiene services to commercial businesses, has announced that its new Signature range of bathroom products won the prestigious Red Dot Design Award for product design excellence in March 2014. Read more >>

Logistics
Public protector to meet with Sanral on e-tolls billing system
The public protector's office has met the National Consumer Commission to discuss motorists' complaints about Sanral's e-tolls billing system. Read more >>

Packaging
Nampak goes all-out to keep the Kruger National Park picture perfect

Issued by Nampak

As Africa's largest packaging supplier, Nampak is mindful of the influence that packaging has on the environment and strives to produce packaging that is balanced in terms of providing product protection and preservation, is cost-effective and at the same time takes into account environmental responsibility. Read more >>

Retailers
Massmart appoints new non-executive chairman
Kuseni Dlamini has been appointed as the independent, non-executive chairman of Massmart-Walmart board and takes over from Mark Lamberti with effect from 10 April 2014. Lamberti was recently appointed CEO of Imperial Holdings. Read more >>


International

Fact-checking journalism gains momentum
WASHINGTON, US: The facts are the focus as part of a trend in journalism spreading from the United States to many places around the world. Read more >>

BMW recalls 500 000 cars worldwide
FRANKFURT, GERMANY: German's BMW is recalling almost half a million vehicles worldwide because of an engine part defect, a company spokesman said. Read more >>

Cannes Lions announces final juries
CANNES, FRANCE: The Cannes Lions International Festival of Creativity has announced the final names that will make up the 17 juries coming together in Cannes, France, for this year's Festival and Awards. Read more >>

Sony issues battery-fire warning for Vaio laptops
TOKYO, JAPAN: Sony has warned customers to stop using its new Vaio Fit 11A laptops because of an overheating battery problem that poses a fire risk. The company may recall the models. Read more >>


More International


Galleries

Spree Autumn/Winter 2014 Lookboard event

More

More galleries  


Government

North West increases funding for traditional leaders
While the North West province struggles to provide services for its residents, provincial premier, Thandi Modise has confirmed that the provincial government has increased funding by almost threefold for traditional leaders from R9.9m to R27m for the 2014/15 financial year. Read more >>

Communities urged to report housing corruption
Human Settlements Minister Connie September has urged communities to report illegal activities in the development of housing. Read more >>

EPWP to continue creating jobs
Delegates at the three-day Expanded Public Works Programme (EPWP) Social Sector conference have reiterated the programme's commitment to provide work and opportunities for unemployed and unskilled people. Read more >>


More Government news


Jobs offered




New events to diarise

Millionaire to Billionaire Conference
African Billionaire Events Management - 26 Apr 2014 Johannesburg

Collectible Toy and Hobby Fair
Richies Model Cars - 27 Apr 2014 to 28 Apr 2014 Randburg

2nd Annual APAC SME Banking Conference
Fleming Gulf - 6 May 2014 to 7 May 2014 Kuala Lumpur

Social media for financial services
TrainHR - 13 May 2014 Fremont

Domestic violence in the workplace
TrainHR - 16 May 2014 Fremont

Omni-Channel Banking Conference 2014
Trade Conferences International - 28 May 2014 to 29 May 2014 Johannesburg

Global Transaction Banking Conference 2014
Trade Conferences International - 11 Jun 2014 to 12 Jun 2014 Johannesburg

South African Book Fair
Thebe Reed Exhibitions - 13 Jun 2014 to 15 Jun 2014 Cape Town


Upcoming events

Tendering and Winning Public Sector Contracts
Alusani Skills & Training Network - 16 Apr 2014 to 17 Apr 2014 Johannesburg


Quotes

Uta Hagen
"Overcome the notion that you must be regular. It robs you of the chance to be extraordinary."

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