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Inaugural Africa-ASEAN Business Expo kicks off in November
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The inaugural Africa-ASEAN Business Expo (AABE) 2017 launches 6-8 November at the Sandton Convention Centre to establish a new trading launch pad between the two most vibrant economies in the world. 12 Jun 2017
Global food prices climb in May: FAO
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Global food commodity prices rose for the first time in three months in May 2017, with the Food and Agriculture Organization of the United Nations (FAO) Food Price Index averaging 172.6 points during the month, 2.2% higher than in April and some 10% higher than May 2016. 12 Jun 2017
TCI Apparel unveils sustainable design centre
Trade Call Investments (TCI) Apparel opened its new design centre in Epping, Cape Town on 9 June 2017. With industry-leading, conscious fashion the new centre is set to be a prime example of how sustainable fashion can also be a sustainable business. 12 Jun 2017
Fast food stocks risky
Famous Brands took a huge leap of faith when it closed a 120m deal that brought UK premium burger group Gourmet Burger Kitchen (GBK) into its fold in October. The tie-up was greeted without much enthusiasm by the market, which has trimmed 13% off the group's share price since its announcement. 12 Jun 2017
Markus Jooste. Image credit: Financial Mail
Markus Jooste. Image credit: Financial Mail
Steinhoff's African and East European assets outperformed the group's operations elsewhere. The performance of the African assets, in particular, highlighted the case for a separate listing to unlock shareholder value. 12 Jun 2017
The broad business case for pop-up shops
The concept of pop-up retail has soared in popularity over the last number of years. Done right, these temporary retail spaces can offer smaller companies a platform to test the market without hefty investment, solve the tangible disconnect between online stores and their customers, and regenerate the face of larger, more established brands. 9 Jun 2017
Spree launches image search, similar style shopping app feature
Spree has launched an image search or similar style shopping app feature that identifies clothing or footwear seen in photos and images and finds users something similar in the app. Spree is the first online fashion retailer in Africa to offer this technology, according to the company. 9 Jun 2017
New memorandums of agreement to drive SA's manufacturing export
The Council for Scientific and Industrial Research (CSIR), Rheinmetall Air Defence, Siemens Industry Software and ESTEQ Industry Solutions have signed Memorandums of Agreement (MoA) to support industry development in South Africa. 9 Jun 2017
Steinhoff lifts first-half operating profit by 13%
Global retailer Steinhoff reported on Wednesday that interim operating profit to end March rose 13% to 903m. Revenue grew 48% to 10.2bn. 8 Jun 2017
Jumia Food's Duncan Muchangi and Sodexo Kenya's Neil Ribiero.
Jumia Food's Duncan Muchangi and Sodexo Kenya's Neil Ribiero.
HR reward scheme provider Sodexo Group has signed a new partnership with Jumia Food Kenya to offer employers a seamless mobile solution dubbed M-Kula, which enables them to implement the tax-free food allowance. The new payment option allows employees access to Jumia Food delivery services, right at their office. 8 Jun 2017
Small Business Indaba offers manufacturers networking, info opportunities
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Leveraging on the success and partnership of the National Manufacturing Indaba, the Small Business Indaba will take place on 26 June 2017 at Emperors Palace, Ekurhuleni alongside the Manufacturing Indaba. 8 Jun 2017
Sustainable shopping: for eco-friendly jeans, stop washing them so often
Denim jeans - whether ripped, straight, flared, vintage or raw - are one of the world's most-loved garments. But from fibre to wardrobe, they have a considerable ecological footprint. 8 Jun 2017
Shoprite's new R5 meals meet market's needs
Mindful of hard economic times for its customers, Shoprite has introduced deli meals for R5 at stores across the country. These discounted convenient meals have been introduced to help consumers' money go further, especially amongst students. 8 Jun 2017
Qatar's packaged food industry to take heavy hit amid diplomatic crisis
Qatar's packaged food industry is expected to take a severe blow following the announcement that Saudi Arabia, UAE, Egypt and Bahrain are cutting diplomatic ties over claims that Qatar sponsors terrorism. 8 Jun 2017
Innovative franchising can tackle rising unemployment
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The Statistics SA Quarterly Labour Force Survey shows that unemployment is rising to a 14-year high, with 27.1% of the population without a job. The Franchise Association of South Africa (FASA) believes the franchise sector can play a key role in creating the necessary jobs to grow the economy through innovative venture creations. 7 Jun 2017
Recycled Plastic Product of the Year competition opens for entries
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Entries are now open for the 6th Recycled Plastic Product of the Year Awards, organised by the South African Plastics Recycling Organisation (SAPRO) and Plastics SA. 7 Jun 2017
Puma Select moves into Braamfontein store
From 7 July 2017, the Puma Select Jozi store is moving into the Puma store on the corner of De Korte and Melle streets in Braamfontein. The Braamfontein Select store will act as a platform for Puma to showcase collaborative works and offer premium, limited edition collection pieces to sneakerheads and streetwear fans of the brand. 7 Jun 2017
Five key challenges facing new franchisees
New franchisees are navigating the knock-on effect the current economic conditions create in the South African market. 7 Jun 2017
Vgrigas via
Vgrigas via Wikimedia
SA's top retailers were accused of anti-competitive behaviour in townships at the Competition Commission's first public hearings on the retail market in Pretoria on Monday. 7 Jun 2017
Bread trade goes stale
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When Pretoria businessman Noah Msibi, 33, opened his bakery in 2010, business was booming. He sold more than 1,000 loaves a day and employed 15 people from Saulsville township. 6 Jun 2017
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