Distell creates top team for excellence in production
Distell creates top team for excellence in production

Distell, who took the title of worldwide distiller of the year at the International Wine & Spirit Competition (IWSC) in London, is intent on advancing its reputation for quality. The company has assembled a team of top talent who will combine their skills at what Distell calls the Centre of Excellence: Intrinsic. The key focus of this new department will be the intrinsic quality of the products across the range of wines, spirits, ciders and other drinks.

40 minutes ago

Photographer: Russell Roberts
MillerCoors shows first-quarter growth in total sales

SABMiller's US joint-venture MillerCoors total sales grew 2.3% to $1.82bn in the March quarter compared to the same period last year...

1 hour ago

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AB InBev takes a knock from falling sales in Brazil

Anheuser-Busch InBev, the world's biggest brewer that is in the process of acquiring SABMiller, missed earnings estimates for the first quarter, hit by currency fluctuations and lower sales volumes in Brazil, its biggest market.

1 hour ago

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Jobs and R800m pledge unblocks merger delay

A commitment to spend R800m on small farmers and enterprises and a pledge to avoid job losses have helped unblock delays to a three-way merger of bottlers.

By Hilary Joffe 1 hour ago

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Good outlook for local food companies, despite pressures

South African food producers are keeping their heads above water, despite constrained consumer spending, the weak rand and the country's worst drought in decades.

By Fifi Peters 19 hours ago

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SABMiller and Coke commit to helping entrepreneurs

To gain competition authority approval for the proposed merger of the soft-drink businesses of SABMiller, The Coca-Cola Company and Gutsche Family Investments, the parties have committed themselves to invest R800m in developing entrepreneurs.

19 hours ago

Big-name global players take on SA's clothing retailers
Big-name global players take on SA's clothing retailers

South Africa's clothing retail sector has become a battleground of international newcomers taking on the old guard. For decades, local clothing retailers were largely isolated from foreign competition, but, despite belt-tightening by consumers, this comfortable situation is changing fast as more players enter the market, according to the IMM Journal of Strategic Marketing in its latest April/May 2016 issue.

20 hours ago

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SimbaPay raises single money transfer limit to $45,000

SimbaPay has announced that it has raised its single transaction limit from $3,000 to $45,000. According to Victor Karanja, head of operations of SimbaPay: "A pain point for customers in the past has been having to undertake multiple transfers to complete a single purchase. A key risk with multiple transfers was exchange rate fluctuation. Sending up to $45,000 with just our mobile app will protect senders from the fluctuation that arises when one splits up the transfer."

20 hours ago

Shoprite and Checkers renews search for champion boerewors
Shoprite and Checkers renews search for champion boerewors

Entries for the 2016 Shoprite and Checkers' Championship Boerewors competition have opened. The closing date for entries is Friday, 2 June 2016.

22 hours ago

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RMB Holdings acquires stake in Mall of Africa developer, Atterbury

RMB Holdings (RMH) has diversified its banking interests to the commercial property market by acquiring a 25.01% stake in Mall of Africa developer Atterbury.

By Joan Muller 23 hours ago

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New vehicle sales continued its fall in April

The South African new vehicle sales market continued its 2016 decline this April. According to the latest aggregated figures from the National Association of Automobile Manufacturers of South Africa (Naamsa) total industry new vehicle sales declined 9.2%, year-on-year, with only 40,390 new vehicles sold across all segments.

1 day ago

Tiger Brands own All Gold, Tastic and Koo.
Image source: The Times
Disposal of Dangote boosts Tiger Brands

The disposal of Tiger Brands' Nigerian business boosted its interim earnings by up to 28%.

1 day ago

Holdsport CEO Kevin Hodgson.
Image source: Financial Mail
Holdsport earnings rise 21.3% in challenging retail landscape

Holdsport has navigated its way through the challenging retail landscape, posting a double-digit growth in full-year profit.

1 day ago