Popular Nelson Mandela Bay fabrics company Mums has gone under and will soon go under the hammer, spelling the end of an era for many in the city. 9 Dec 2015
DAMASCUS - Syria will export more than 700,000 tons of citrus fruits to Russia to "fill the gap" left by Moscow's ban on Turkish agricultural products, officials said Tuesday. 9 Dec 2015
The Ingenico Group has announced that Kero, the Angolan retailer, is equipping its major stores with Ingenico smart terminals. 8 Dec 2015
NEW YORK - Shares of Chipotle Mexican Grill fell on Monday after the restaurant chain projected much lower-than-expected profits on plunging sales due to an E. coli outbreak in the United States. 8 Dec 2015
The Fish & Chip Co. has unveiled a new corporate identity, menu design and store look. 8 Dec 2015
The Tete Junction shopping centre opened recently in the Tete Province of Mozambique. The centre features the first Shoprite store in the province. 8 Dec 2015
NEW YORK - Keurig Green Mountain, maker of single-cup coffee pods and makers, said Monday it is being bought for $13.9 billion by a group of private investors led by JAB Holding Company. 8 Dec 2015
Advanced manufacturing products account for nearly half of South Africa's manufactured exports. These are those high value-added manufactured goods, like industrial and agricultural machinery, chemicals and automotive products, which require competent manufacture rather than low-cost labour to succeed. By moving beyond products that are proven export successes like vehicles, and into product adjacencies such as vehicle component kits, South Africa could add more than R500 billion to exports by 2030. 8 Dec 2015
Marius Muller, CEO of Pareto Limited.
The upcoming festive season is set to be tough and highly competitive for retailers, according to Marius Muller, CEO of Pareto Limited. "Holiday sales are likely to be flat and hard-pressed to beat inflation. Consumers are really feeling the pinch. There is massive pressure on their disposable income," comments Muller on the outlook for 2015 festive season sales. 7 Dec 2015
Lucian Peterson from Kuils River in Cape Town received his first study bursary from the Shoprite Group in 2009 whilst enrolled for a Bachelor of Accounting degree. He has since completed his studies, qualified as a Chartered Accountant and was appointed as a Trainee Divisional Financial Manager on 1 December 2015 on successful completion of the Group’s South African Institute of Chartered Accountants (SAICA) approved CA training programme.
The Shoprite Group is providing financial study assistance for pharmacy-, accounting- and retail-related university and technical degrees, and also to matriculants, but only a few bursaries are left, so those who have not yet been successful in raising funds for their studies next year need to apply now. 7 Dec 2015
Sarah Collins
November marked a major milestone for a simple heat-retention bag that, to date, has achieved remarkable things - including: saving 2 million trees from being cut down for use as cooking fuel; dramatically reducing the horrifying stat of 82% of rapes that occur in Africa, by ensuring firewood collection only happens once a week; saving $36 million in homes of the poorest of the poor; and, by default, has also reduced indoor air pollution and smoke inhalation by 80%, which has saved the lives of some of the 4 million people who die annually from indoor air pollution related respiratory diseases. 7 Dec 2015
NEWSWATCH: Truworths CEO designate Jean-Christophe Garbino who was named the successor to Michael Mark last November and joined in March this year has resigned. 7 Dec 2015
With millions of South Africans preparing to log on to do their shopping this festive season, gangs of cyber criminals are lying in wait to spoil the party by infiltrating networks and stealing money and identities. But you need not become one of the victims if you employ a pre-emptive practical strategy to mitigate the risks. 7 Dec 2015
Giuricich Bros Construction - the South African independent and family owned construction firm - has increased its presence in the retail development sector by securing the lucrative building contracts for the new 45,000m² Springs Mall at Blue Crane Eco Park and the 15,000m² expansion of the well-established Vaal Mall. 4 Dec 2015
Actis, a multi-asset emerging market investor with headquarters in London, has announced an investment of R760m ($54m) in Food Lover's Market. The private equity firm is acquiring a substantial minority stake in the business and backing founders Brian and Mike Coppin, together with the existing management team, who have created a remarkable success story based on a market leadership position in fresh produce retail. 4 Dec 2015
SABMiller would probably need to sell top European brands Peroni and Grolsch to gain competition authority approval for its proposed merger with Anheuser-Busch InBev (AB InBev), the parties said yesterday. 4 Dec 2015
The Superspar Eagle Canyon, on the corner of Christian de Wet and Scott Streets in Boskop, Roodepoort, has decided to install vinyl floors in its 2700m² store, instead of opting for more traditional floor coverings. 4 Dec 2015
WASHINGTON - The global market for wearable tech surged in the third quarter, fueled by the Apple watch and gains from Chinese manufacturers, a market tracker said on Thursday. 4 Dec 2015
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