Retail South Africa

The new business imperative - 17 Jul 2017

By Lauren Hartzenberg, Retail Editor (@Biz_Retail)

Corporate social investment is no longer a nice-to-have, it's a business imperative that impacts the sustainability and livelihood of our environment, its communities and business in general.

Tania Morgan-Weyer, the MD of pet food manufacturer Promeal, shares with us the company's sustainability ethos and some of its efforts in addressing waste management, energy and water efficiency, and then some.

In the same vein, Sindy Peters interviews Eugene Absolom, director of the Tiger Brands Foundation, on the company's in-school breakfast programme which recently served its 50-millionth meal.

In today's top story, investment firm Long4Life has announced its acquisition of beauty salon chain, Sorbet. The firm said the deal valued Sorbet at R116 million and underlines its strategy of seeking investments with a lifestyle focus.

In other top news, CNN Marketplace Africa delves into Massmart's slow growth and Gareth Pearson from BMi Research details how SA's recession is shaping consumer behaviour.

Lauren Hartzenberg
Retail Editor: Bizcommunity.com

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