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Retail

Today's top stories
Starbucks creates addict's customer experience trifecta

Julian Diaz

Starbucks continues to trail blaze the customer experience in order to tighten its competitive advantage with another industry first: wireless charging mats for mobile phones, so customers can charge their phones for free while enjoying a hot cup of java.

Read more >>

Retail trade sales show consumers still under pressure

Claire Bisseker

Annual retail trade sales held up slightly better than expected in April but the sector is continuing to lose momentum on a quarterly basis as consumers tighten their belts amid the tough economic climate.

Read more >>

Paarl Media acquires Correll Tissue

In a Competition Commission approved acquisition, Paarl Media Group has acquired the KwaZulu-Natal tissue plant of Correll Tissue. Aaron Ganesh, previous MD of Paarl Media KwaZulu-Natal, will head up the new company as MD.

Read more >>


Banking & Finance
Nadeson buys stake in Risk Benefit Solutions
Nadeson Investments has bought a 25.1% stake in Risk Benefit Solutions (RBS), an independent insurance and risk specialist, for an undisclosed sum, in a deal that will raise the broker's empowerment rating. Read more >>

Commercial Property
Springs Mall breaks ground
Construction began at Springs Mall at Blue Crane Eco Park on 17 June 2014, bringing this 52,000sqm regional mall a step closer to becoming a for shoppers in the greater Springs area in the east of Gauteng. It is set to open in 2016. Read more >>

Equites lists of JSE's main board
Industrial property manager and developer Equites Property Fund joined PSG Konsult as another new listing on the JSE on Wednesday (18 June). Read more >>

Exhibitions & Events
Lindt launches 'Hello' campaign across SA
To launch the new Lindt Hello range, the company has embarked upon its largest campaign across South Africa. It is inviting people to come and say hello the old-fashioned way and write a Lindt Hello postcard to a friend anywhere in the world, post it in the special post-boxes and receive a product sample. Entrants can win on-the-spot prizes from the range and an entry into the grand prize draw. Read more >>

Manufacturing
Invicta seeks 50% of income offshore

Nick Hedley

Invicta Holdings, a distributor of capital equipment‚ spare parts and engineering consumables‚ will need to raise equity to partly fund any large acquisitions it undertakes as it sets out to earn 50% of its revenue outside South Africa. Read more >>

Research
SA April retail trade sales up 1.8%
Retail trade sales measured in constant (2012) prices came out better than expected‚ increasing by 1.8% year on year (y/y) in April after increasing by a revised 0.8% (1.0%) y/y in March‚ figures from Statistics South Africa showed on Wednesday, 18 June 2013. Read more >>

Retail Marketing
Care, Connect, Grow

Issued by TLC Marketing Worldwide

"Care, Connect, Grow, excite your current consumers! You can only break frontiers by being different, challenging yourself, ideas, and selecting rewards that fit your consumer's needs." This was the advice given by Paul Appalsamy, PDI Director of TLC Marketing Worldwide, to attendees at the annual Loyalty and Rewards conference held last week in Johannesburg. Read more >>


International

Amazon sets 'Fire' to smartphone market
WASHINGTON, USA: Amazon has unveiled its "Fire Phone," a high-end handset boasting what it claims are "breakthrough technologies" in a move aimed at challenging Apple and Samsung. Read more >>

'Blasphemous' content restored in Pakistan
ISLAMABAD, PAKISTAN: Twitter has restored access inside Pakistan to dozens of tweets and accounts, after blocking them last month following official complaints about "blasphemous" content. Read more >>

YouTube blocks artists on paid music service
PARIS, FRANCE: YouTube is planning to block the videos of artists like Adele and the Arctic Monkeys after several record labels refused to sign up to its new subscription service. Read more >>

Few US firms provide high-speed Internet
WASHINGTON, USA: Americans enjoyed improved Internet connections over the past year, but some providers were inconsistent or fell short of delivering advertised speeds, the US telecommunications regulator said. Read more >>


More International


Government

SA Reserve Bank amends exchange control rules

Ralph van Niekerk and Nick Pemberton

South Africa's exchange control rules require that a South African resident wishing to assign intellectual property to a foreign entity must obtain prior approval from the South African Reserve Bank. Read more >>

Strike fuels prospects of tax on super-profits

Carol Paton

The prospect of a tax on mining super-profits and other measures that would see more state intervention in the mining sector remain squarely on the agenda of the African National Congress (ANC) and South African Communist Party (SACP) in light of the protracted platinum strike. Read more >>

The new rules for travelling with children
Union Buildings offers free public Wi-Fi
SA current account deficit narrows

More Government news


Lifestyle

[10 Things I Love About...] Slacking off...

Brian Berkman

Slack packing, or hiking with someone else transporting your gear and checking into accommodation along the way is gaining popularity with folk who love the great outdoors but not enough to sleep under it. Read more >>


Jobs offered




New events to diarise

Africa Rail 2014
terrapinn Ltd - 1 Jul 2014 to 2 Jul 2014 Johannesburg

Lorna Jane pop up shop
The Pole Project - 2 Jul 2014 Cape Town

Winter Bridal Expo 2014
Oakfield Farm - 5 Jul 2014 to 6 Jul 2014 Johannesburg

Gauteng Motor Show 2014
Thebe Reed Exhibitions - 25 Jul 2014 to 27 Jul 2014 Brakpan

Syntell Sustainability Forum 2014
Hypenica - 18 Aug 2014 to 20 Aug 2014 Cape Town

2014 Cape Homemakers Expo
Cape Homemakers Expo - 4 Sep 2014 to 7 Sep 2014 Cape Town

NOSHCON 2014
NOSA - 9 Sep 2014 to 12 Sep 2014 Central Drakensberg

Green Building Convention
GBCSA - 10 Sep 2014 to 12 Sep 2014 Cape Town

3rd European Ports and Shipping Conference 2014
United Market Insight - 18 Sep 2014 to 19 Sep 2014 Amsterdam

EnviroCon 2014
Environmental Assurance (Pty) Ltd - 22 Oct 2014 to 24 Oct 2014 Pretoria


Upcoming events

Introduction to trading and investments
Regenesys Business School - 21 Jun 2014 Johannesburg


Quotes

Wil Ros
"Success is not counted by how high you have climbed but by how many people you brought with you."

More quotes  Submit a Quote

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