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Cape Wine Auction raises record-breaking R22.3m for education
On Saturday 11 February 2017, the annual Cape Wine Auction raised a record-breaking R22.3 for its 22 beneficiaries that affect education and the lives of children in the Cape Winelands. The funds raised are donated without deductions. 14 Feb 2017
SONA 2017 failed to address job losses, says Fair Play
In his 2017 State of the Nation address, President Jacob Zuma made frequent references to the need to create jobs and government's job creation initiatives. But according to Fair Play Movement, equal attention should be paid to preventing job losses – stopping EU chicken dumping would ‘create' thousands of jobs immediately at no cost to the government. 14 Feb 2017
‘Love Index' shows South Africans still romantic at heart
The annual ‘Mastercard Love Index', created by analysing credit, debit and prepaid card transactions over a three-year period, reveals South African shoppers feel loved and are spending more on Valentine's Day than before, with spending up 41% since 2014. 14 Feb 2017
#DesignMonth: 'Simplicity in Design'-themed kitchens to display at Decorex SA 2017
Decorex SA 2017, showcasing in KwaZulu-Natal, Western Cape and Gauteng, will feature four expertly-designed kitchen stands in the Franke Kitchen Trends-sponsored feature, themed ‘Simplicity in Design' for 2017. 14 Feb 2017
OB CEO Grace Harding signs with Al-Ghunaim CEO Abdulghani Al-Ghunaim
OB CEO Grace Harding signs with Al-Ghunaim CEO Abdulghani Al-Ghunaim
Ocean Basket has signed an agreement with Kuwait-based food distributor Al-Ghunaim Trading Company to roll out five new stores in the country. With the addition of Kuwait, the restaurant franchise will be operating across 17 countries in total. 14 Feb 2017
lawrence2014ben via
lawrence2014ben via Pixabay
Japanese brewer Kirin said Monday it would sell its Brazilian unit to Dutch beer giant Heineken for $706 million, citing a "stagnant and competitive" market. 14 Feb 2017
SA delivery startup Stockup pivots to on-demand model
South African startup Stockup, which facilitates the online purchase and delivery of beverages and groceries, has pivoted to an on-demand model and added new products to its line. 13 Feb 2017
Jitter over Shoprite deal
©Anastasia Pelikh via 123RF
Six weeks into the new year, the big question dominating chatter in the investment community is this: will SA's wealthiest man, Christo Wiese, be allowed to vote his shares in the mega Shoprite/Steinhoff deal? 13 Feb 2017
Pernod Ricard posts positive South African results
Pernod Ricard has announced its first-half earnings, reporting high single digit volume growth for the first six months in South Africa, with the second highest overall share growth versus key competitors in the spirits & champagne category. 13 Feb 2017
Rhoda Afrika's blooming flower business
Rhoda Afrika, who began her flower business in an outside stall, will supply thousands of flowers to around 40 Shoprite and Checkers stores in the Free State this coming Valentine's Day. 13 Feb 2017
Nick Sarnadas, event director of Food and Hospitality Africa, and Gary Corin, managing director of Specialised Montgomery Exhibitions, accept the award.
Nick Sarnadas, event director of Food and Hospitality Africa, and Gary Corin, managing director of Specialised Montgomery Exhibitions, accept the award.
Food & Hospitality Africa powered by Hostex was awarded Best Trade Exhibition in its size category (Category 1 - 6000sqm) at the first ever AAXO Organiser and Exhibitor Awards, which took place at TicketPro Dome in Johannesburg on 26 January 2017. 13 Feb 2017
Edcon CEO Bernie Brookes. Image by Freddy Mavunda via Business Day
Edcon CEO Bernie Brookes. Image by Freddy Mavunda via Business Day
First order of business at next Tuesday's inaugural meeting of the just appointed Edcon board will be the extension of Bernie Brookes's contract, which expires in September. 13 Feb 2017
Struggling retailers seek silver bullet in Amazon era
NEW YORK: Want a coffee while you shop? A glass of wine? Those are just few of the gimmicks being rolled out by retailers as they fight to boost store traffic – and ensure their survival in the Amazon era. 10 Feb 2017
UberEats adds more suburbs in Joburg and Cape Town
UberEats, which launched in South Africa in late September 2016, and extended to Cape Town in late January 2017, has announced further extensions to its delivery areas in both cities. 10 Feb 2017
Kids wear booms as 2017 fashions revealed
Across the retail sector, one category that is on a steep climb is children's wear, with its growth far exceeding that of ladies and menswear. Fashion trends for 2017 include social media and young celeb influence. 10 Feb 2017
Reduce customer queues with mPOS
©TEA via 123RF
Businesses can ease month-end queues simply by adding a mobile point-of-sale device to their traditional POS solution. 10 Feb 2017
New Month of Love campaign for Nic Harry Socks
Cape Town retail entrepreneur, Nic Haralambous, is encouraging everyone to make Valentine's Day extend to a month of love, highlighting tolerance. 10 Feb 2017
Spar lags peers as share price drops
©06photo via 123RF
It has been a tough start to the year for Spar Group, which has seen its share price shed about 10% so far in 2017. The decline places the food retailer last in comparison to peers Shoprite, Woolworths and Pick n Pay. 9 Feb 2017
New boss vows to overhaul Edcon
The newly appointed chairman of Edcon said the retailer was too important to fail and would be turned around. Gareth Penny, who took up the position on Wednesday, said he was "confident we can continue to make progress in recreating a world-class retailer". 9 Feb 2017
Hermès bags record sales in 2016
PARIS: Luxury goods maker Hermes said on Wednesday it booked record sales in 2016, thanks to strong demand in all regions, and Japan in particular. 9 Feb 2017
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