Company News
Technology and supermarket chains can help strengthen southern Africa's food systems

Covid-19 restrictions on restaurants and catering have led to supermarkets being the key route to market...

By Thando Vilakazi and Namhla Landani 16 Feb 2021

Acquisition of Pepkor's John Craig saves 400 jobs

The Competition Tribunal has approved the sale of Pepkor menswear chain John Craig to Johannesburg-based Blue Falcon 188 Trading, saving 422 jobs...

12 Feb 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

2020 digital holiday sales climb to $1.1tn globally - Salesforce

Digital sales grew around 58% during the five days leading up to Christmas, despite earlier shipping cutoffs...

13 Jan 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

African entrepreneurs called to enter sustainable fashion competition

The African Development Bank's Fashionomics Africa initiative has launched an online competition to support designers of sustainable and circular fashion...

15 Dec 2020

Global cyber week online sales hit record high

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

2 Dec 2020

Mr Price buys Durban-based value retailer Power Fashion

Mr Price Group has concluded an agreement to acquire family-owned value retailer Power Fashion, which currently has 170 stores located across southern Africa...

26 Nov 2020

Luxury goods: why elite brands are weathering the pandemic better than high street retailers

Clothes shops are among the worst-hit retailers from the coronavirus pandemic, but luxury brands appear to be weathering the conditions relatively well...

By Shaun Borstrock 17 Nov 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

Vans donates $1m to charities focused on mental health

For its second annual Checkerboard Day, Vans will focus on the vital role creativity plays in helping individuals and communities address mental health and well-being, in light of the period of global isolation experienced as a result of Covid-19.

3 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

Restrictions in trade to contain Covid-19 have been devastating for Africa's urban poor

Trade routes have been significantly disrupted this year in efforts to contain Covid-19. The effects of this are already showing: global growth is set to contract by 4.9%...

By Astrid R.N. Haas and Victoria Delbridge 27 Oct 2020



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