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L to R: Eastern Cape Development Corporation Board chairperson Nhlanganiso Dladla, Buffalo City Metro Executive Mayor Xola Phakathi, MEC for economic development, environmental affairs and tourism Sakhumzi Somyo, Massmart group supplier development manager Von Stander and Ikusasa Green MD Thami Gxowa.
L to R: Eastern Cape Development Corporation Board chairperson Nhlanganiso Dladla, Buffalo City Metro Executive Mayor Xola Phakathi, MEC for economic development, environmental affairs and tourism Sakhumzi Somyo, Massmart group supplier development manager Von Stander and Ikusasa Green MD Thami Gxowa.
Ikusasa Green has become the latest tenant of the Dimbaza Industrial Park, as part of the government's broader strategy of revitalising industrial parks which were once hubs of economic activity across the Eastern Cape. Government has already re-opened the Vulindlela Industrial Park in Mthatha and the iKomani Industrial Park in Queenstown. 23 May 2017
NetFlorist enables shared payments
©racorn via 123RF
Instead of having to beg friends and family to chip in to buy gifts or pay back gifts already purchased, NetFlorist has introduced GiftTogether, which allows one to get together with other people, select a gift and share the costs. 23 May 2017
From left to right: Spencer Sonn (Woolworths Foods), Dr Rob Davies (dti), Fazielah Allie (K9 Petfood) and Bulelani Magwanishe (dti).
From left to right: Spencer Sonn (Woolworths Foods), Dr Rob Davies (dti), Fazielah Allie (K9 Petfood) and Bulelani Magwanishe (dti).
The Department of Trade & Industry (dti), Woolworths and the Industrial Development Corporation (IDC) officially opened the doors of K9 Pet Foods' new 3,600 m² factory premises in Montague Gardens, Western Cape. 23 May 2017
The benefits of machine learning for retail
©Jakub Jirsak via 123RF
Machine learning, a type of artificial intelligence powered by large-scale data that provides computers with the ability to learn without being explicitly programmed, will change the face of retail over the next few years. 23 May 2017
forwimuwi73 via
forwimuwi73 via Pixabay
Pioneer Foods Group on Monday reported a 47% drop in first-half adjusted headline earnings to R470m as higher input costs knocked its domestic essential foods and grocery divisions. 23 May 2017
Broll Retail Snapshot reveals top performing categories
©Michal Bednarek via 123RF
The Broll Retail Snapshot for Q1: 2017 indicates that while December was unsurprisingly the best month for retailers compared to November and January, consumers have become more cautious on spending. 22 May 2017
IQOS pop-up stores launched in Cape Town
Philip Morris South Africa (PMSA) has launched the first IQOS pop-up stores in Cape Town, for the sale of its smoke-free alternative to cigarettes. The IQOS stores are located at the V&A Waterfront and Canal Walk with roll-out of similar stores to Gauteng and Durban on the cards in the coming months. 22 May 2017
Tongaat expects FY headline earnings to rise 45%
Tongaat Hulett expects its full-year headline earnings to rise by up to 45%, helped by the rebound in the performance of its sugar operations, which compensated for the slack in the starch operations, and the land management and development arm. 22 May 2017
Alibaba quarterly profits almost double to $1.55bn
©ilovehz via 123RF
BEIJING, China - Chinese e-commerce giant Alibaba said Thursday its net profit almost doubled in the latest quarter on the back of soaring growth in online shopping. 22 May 2017
Nine global trends in food and beverage
Globally, food and beverage (F&B) are playing an increasingly important role in the reason people visit shopping centres, sometimes superseding consumers' attraction to retailers themselves. 22 May 2017
#FreshOnTheShelf: Ouma adds to rusk range
Iconic South African brand Ouma Rusks, which began in 1939 in the small North-Eastern Cape town of Molteno, has introduced two new additions to the range, Premium Rusks and Mini Bite Size Rusks. 19 May 2017
PriceCheck Tech & E-Commerce Awards 2016 award winners
PriceCheck Tech & E-Commerce Awards 2016 award winners
Nominations for entries into this year's PriceCheck Tech and E-Commerce Awards will open on 1 June and close on 15 June 2017. Voting will run from 3-28 July. 19 May 2017
Nod for Steinhoff Africa assets spin-off
Analysts have praised Steinhoff's decision to list its African assets separately, saying the move allows the businesses to emerge from the shadow of its international operations. 19 May 2017
Image credit: Financial Mail
Image credit: Financial Mail
Furniture retailer Lewis warned shareholders on Wednesday that its earnings were expected to fall by as much as 66% - which appears to have been less severe than investors expected because its share price jumped 3% on Thursday morning. 19 May 2017
Silver lining in the second-hand goods market
©Hongqi Zhang via 123RF
Carefully managed second-hand shopping is the shrewd choice in today's economy, as the real net wealth of South Africans declined by nearly 2% in 2016. 19 May 2017
Nestle loses appeal over Kit Kat trademark
©Robert Klein via 123RF
LONDON, UK - Swiss food and drink giant Nestle on Wednesday lost its legal bid to register the shape of a four-finger Kit Kat chocolate bar as a trademark in Britain. 19 May 2017
Famous Brands shares fall 2.96%
Indigestion over Famous Brands' full-year trading update continued to weigh on its shares, as the stock fell a further 2.96% to R133 on Wednesday. 18 May 2017
Group photo of all 2017 laureates. Image credit: Cartier
Group photo of all 2017 laureates. Image credit: Cartier
Entries to the Cartier Women's Initiative Awards 2018 are open until 31 August 2017. The awards seek inspirational female entrepreneurs worldwide who are starting up their business, in all fields of activities, to solve contemporary global challenges. 18 May 2017
Image credit: Financial Mail
Image credit: Financial Mail
Dis-Chem, the fast growing healthcare retailer that listed on the JSE late 2016, reaffirmed plans to open 200 stores in the next five years after making strong market share gains in the year to the end of February. 18 May 2017
The millennial mindset and the future of the shopping mall
Millennials, born between 1980 and 2000, have exceptional trendsetting power and businesses the world over are competing to capture their attention and a share of their wallets. 18 May 2017
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