PARIS - French lensmaker Essilor said Monday it has agreed to buy Italy's Luxottica, maker of Ray-Ban sunglasses, in a bid to create a new global giant in the sector.
15 minutes ago
The first cities in Africa to be included in the Global Destination Sustainability Index (GDS-Index), an innovative new way to measure the level of sustainability cities offer to MICE events (Meetings, Incentives, Conventions, and Exhibitions) industry, are Durban, Cape Town, and Tshwane.
1 hour ago
Up-and-coming Cape Town film mavericks Young Gun Films recently got the chance to weave their cinematic magic on the launch of the new Opel Mokka X. This exciting addition to the Opel range arrives on our shores early in 2017.
Young Gun Films 3 hours ago
Multinational food processing and retailing company Associated British Foods swallowed SA's biggest sugar industry player, Illovo, in May last year. The move by the British group (which, as it happens, owns cheap 'n chic Primark) was part of a scramble for Sub-Saharan African agricultural assets. Crookes Brothers, another JSElisted player now stands out as another highly attractive potential target.
4 hours ago
Poultry producer Astral Foods on Thursday said its electricity supply will stop on January 23, the deadline Eskom has given Mpumalanga's Lekwa Local Municipality to settle outstanding debt. Astral is the municipality's largest client and relies on uninterrupted electricity and water supplies.
Mark Allix 3 days ago
For the fifth year in a row, prices of major food commodities have declined - some 1.5 percent below their 2015 levels - averaging 161.6 points for the year as a whole. Upward pressure on FAO's Food Price Index from tropical commodities such as sugar and palm oil, where El Niño had an impact on production, was offset by bumper harvest and prospects for staple cereals. The Index averaged nearly 172 points in December, unchanged from November.
3 days ago
Using the Flux Trends T.R.E.N.D.S acronym (Tech, Retail, Economy, Natural world, Diplomacy, Socio-cultural), Flux presents six trends for 2017. These are just a sample of a broader selection of trends, which Flux will explore in-depth at our first trend presentation of the year: 'The State We're In: 2017 - Dazed and Disoriented, the impact of being WOKE'.
Dion Chang and Raleen Bagg 9 Jan 2017