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Business is blazingJust 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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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 >> | 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 >> | 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 >> |
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| 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 >>
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| 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 >>
| | 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 >>
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| Bobby Jordan Property developer Pierre Gerber thought he owned a share of a pristine Karoo koppie outside Ladismith in the Western Cape. Read more >>
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| Shop for Good is an online pop-up shop where you can purchase a range of items for a cause. Read more >>
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| 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 >>
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The public protector's office has met the National Consumer Commission to discuss motorists' complaints about Sanral's e-tolls billing system. Read more >>
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| 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 >>
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| 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 >>
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| | 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 >>
| | 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, 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 >>
| | 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 >>
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| Spree Autumn/Winter 2014 Lookboard event
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| | 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 >>
| | Human Settlements Minister Connie September has urged communities to report illegal activities in the development of housing. Read more >>
| | 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 >>
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