Toy Kingdom has recently announced the conclusion of the acquisition of local company Intencity Entertainment, along with the South African franchise rights to US-based Build-A-Bear Workshop. 26 May 2016
Long life milk is democratising nutrition for many Africans, because it has qualities beneficial to transportation and storage, while it hurdles a major continental challenge: electricity supply. 26 May 2016
The $108bn megabrewer merger inched closer to completion on Tuesday, when the European Commission granted conditional approval to Anheuser-Busch InBev (AB InBev) for the acquisition of SABMiller. 26 May 2016
Tiger Brands says drought has caused severe inflationary pressures that will see consumers eating smaller portions of staple foods. It is likely to affect profits in future. 26 May 2016
Famous Brands has acquired 100% of the business of Lamberts Bay Foods (LBF), a wholly-owned subsidiary of the JSE-listed Oceana Group (Oceana). The company processes French fries and other value-added potato products at its factory in Lambert's Bay, Western Cape, for sale to wholesalers, retailers and restaurant chains. 26 May 2016
Pioneer Foods recently joined forces with Energy Partners to roll out a national solar programme, which entails the installation of large commercial solar systems with a combined size of over 2531 kilowatt peak (kWp) at five of Pioneer's manufacturing facilities, including Wadeville, Clayville, Bloemfontein, Klerksdorp and Worcester. The project is expected to yield a total savings of R116m over the next 25 years. 26 May 2016
A monster truck on the rampage stunned guests at the East Rand Galleria Mall last week, when it crushed two vehicles parked just outside a Burger King restaurant, but what initially seemed like a massive accident turned out to be a stunt pulled off by the burger company to promote its biggest 100% beefburger- the Big King XXL. 25 May 2016
Tiger Brands reported a 44% jump in interim after tax profit to R1.7bn on 9% growth in turnover to R15.9bn. 25 May 2016
Grohe has put an end to the irritation of scalding hot bath or shower taps by introducing Grohe CoolTouch technologies, which house the entire thermostat to ensure the surface remains at the desired temperature. 25 May 2016
123RF
Ascendis Health announced two acquisitions in Europe on Tuesday. The group is buying Cyprus-based pharmaceutical company Remedica for up to 335-million euros and sports nutrition company Scitec for €170m. 25 May 2016
Despite the untapped opportunities that exist on the continent, trade between various African countries is still largely restricted as a result of various regulation barriers and a lack of supporting infrastructure and scale, according to Matthew Conroy, trade manager of Maersk Line South Africa, who says that increasing the production of manufactured goods on the African continent and the further standardisation of trade regulations are both the key to improving inter-regional trade. 25 May 2016
Nederburg's natural sweet wine Eminence has won a trophy at the International Wine Challenge in London. The 2012 vintage is sourced from 27-year-old Muscat de Frontignan vines. 25 May 2016
Leading South African payment gateways have partnered with SID Instant EFT to release the new and improved SID 2.0 to e-commerce businesses across the country. SID Instant EFT is a secure online payment service available through various payment gateways, including Setcom, PayGate, MyGate, VCS and Peach Payments. 24 May 2016
NEW YORK - The Coca-Cola Company said Monday that it was forced to cut back production of its popular sodas in Venezuela due to the shortage of sugar in the politically riven country. 24 May 2016
More than 1,500 professional decision makers are expected to arrive at Cape Town's CTICC on 8 and 9 June, 2016, for Source Africa, which will feature more than 180 exhibitors interested in expanding their exports. Countries represented include: South Africa, Mauritius, Lesotho, Kenya, Egypt, Madagascar, Tanzania, Ethiopia, Nigeria and Zimbabwe. 24 May 2016
Uber, the smartphone app that connects riders to drivers, is to launch a cash payment experiment in South Africa on Thursday, 26 May, 2016, when SA becomes the first country in Uber's global network to experiment with cash payments across five cities simultaneously. 23 May 2016
LONDON - British retail sales jumped by 1.3 percent in April from a month earlier, official figures showed on Thursday, handing a boost to the economy following a string of weak data. 23 May 2016
ZURICH - Richemont, the world's second-biggest luxury goods group, on Friday posted a 67 percent higher annual net profit, boosted by a lucrative merger, but fell slightly short of analyst expectations. 23 May 2016
The Electronic Fund Transfer (EFT) may be one of the older payment methods on the block, but thanks to fraud and crime it is experiencing a revival. As technology platforms evolve to make EFTs more easily managed by users and merchants alike, they are growing in popularity. EFT payments are also more cost effective and break down significant barriers to entry. 23 May 2016
NEW YORK; Retail group Gap Inc. said Thursday it would shutter 75 stores this year amid sagging sales, including 53 of its kids-focused Old Navy brand outlets in Japan. 23 May 2016
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