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  • Total declares force majeure on Mozambique LNG project
    In a serious blow to Mozambique's economic revitalisation hopes, Total has declared a force majeure and suspended its $20bn liquefied natural gas (LNG) project in the north of the country indefinitely as a result of escalating militant attacks in the area.
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    Covid-19

    Company News
    Michel Doukeris to succeed Carlos Brito as AB InBev CEO

    Brito will step down after 15 years as CEO and 32 years at the company...

    3 days ago

    Greening the global textile value chain

    Kutay Saritosun is a textile engineer and sustainability aficionado dedicated to educating companies on producing more environmentally responsible products...

    By Lauren Hartzenberg 23 Apr 2021

    Consumers spent $900bn more at online retailers globally in 2020

    Covid-19 accelerated e-commerce around the globe and forced retailers to shift to digital...

    14 Apr 2021

    How Bezos and Amazon changed the world

    Amazon announced Jeff Bezos is stepping down as CEO almost 27 years after he founded the company to sell books to customers over dial-up modems...

    By Venkatesh Shankar 4 Feb 2021

    Jeff Bezos to step down as Amazon CEO

    Jeff Bezos is stepping down from his role as Amazon CEO, and will transition to the role of executive chair in the third quarter...

    3 Feb 2021

    #BizTrends2021: Recalibrating for diminished growth - resolutions for 2021

    Despite the dissemination of vaccines in the months ahead, a larger portion of consumer spending will be impacted by recessionary conditions...

    By Ailsa Wingfield 11 Jan 2021

    Global cyber week online sales hit record high

    Salesforce data shows global online spend of $270bn...

    2 Dec 2020

    Why harmonised retail is the future

    For many industries, predicting the future during a pandemic would be difficult - if not impossible. Retail is different. Why?

    By Oliver Guy 13 Nov 2020

    Watch: SA's premier fashion and textile trade fair goes virtual

    AllFashion Sourcing, the annual trade show for the apparel, textile, footwear and leather industry, will this year be hosted on a virtual platform from 3-5 November 2020...

    By Lauren Hartzenberg 29 Oct 2020

    From East to West: What the new Covid-19 consumer behaviour across Kenya and Nigeria means for brands on the continent

    Kantar's Covid-19 tribes, an offshoot from wave six of the global Barometer study into how the pandemic affected consumer behaviour, attitudes and expectations across 60+ markets including Kenya and Nigeria, reveals what marketers need to consider to better reach consumers in these sub-Saharan markets...

    Issued by Kantar 28 Oct 2020

    2020 global online holiday sales predicted to grow 30% - Salesforce

    Digital sales are expected to hit all-time highs and lead to strained shipping capacity as retailers grapple with the impact of the Covid-19 pandemic...

    21 Oct 2020

    Smart African retailers are rising from the ashes. Here's how

    To hear some industry commentators tell it, Covid-19 is going to be the final nail in the coffin of retail as we know it. At best, they're over-simplifying. At worst, they're just wrong...

    By Lee Naik 13 Oct 2020

    How the decline in Chinese tourists around the world has hit the luxury sector

    A significant number of Chinese tourists spend large sums on luxury items, such as designer clothes and accessories, when they travel overseas...

    By Xiaoqing Chen and Carol Zhang 1 Oct 2020

    Converse strengthens commitment to youth mentorship and empowerment

    Converse is expanding its All Stars youth mentorship programme by opening it to the public for the first time, with the aim to incorporate a more grassroots approach to supporting youth action...

    23 Sep 2020

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