Tiger Brands announced on Tuesday that it intended to spin its controlling stake in its Kenya-based Haco Tiger Brands to a local partner, signalling a shift in strategy to its offshore operations. 22 Feb 2017
Whitey Basson ended his run as Shoprite CEO on a high note, the grocery chain's interim results released on Tuesday morning showed. 22 Feb 2017
This article is part of a series of studies titled “barriers to entry”, specifically looking at the expansion of regional supermarket chains in southern Africa. The article draws from studies that look at the spread of supermarkets in the region and how the market power of large firms in different sectors can hold back economic development. 22 Feb 2017
A Cape Town-based fintech business, Electrum, is providing retailers and banks with the technology platform that they need to connect their systems to Value Added Services (VAS) providers and sell VAS, which earns retailers hundreds of millions of rands. 22 Feb 2017
A few years ago, South Africans were sceptical about shopping online but, with improved security systems, better access to technology, a wider range of choice and a growing middle-class, opinions have changed and now is the time to consider starting one's own e-commerce site. 21 Feb 2017
The major provider of cookware globally, Groupe SEB, has entered into an agreement with South African cookware manufacturer, Hendler & Hart, which will see the local company spearheading the sales and distribution of the premium range of Tefal/T-fal and Krups brands into Southern Africa. 21 Feb 2017
SEOUL: Alibaba's payment affiliate Ant Financial will invest $200 million in a unit of South Korean messaging giant Kakao, the companies said on Tuesday, the Chinese firm's latest step to expand its global reach. 21 Feb 2017
PayPal's third annual global report on cross-border trade, in partnership with Ipsos, is predicting that South African online spend will grow to over R53 billion by 2018, with cross-border shopping continuing to rise. 21 Feb 2017
Image via DHL
Developed in response to significant growth in premium cross-border e-commerce volumes, DHL Express has launched its On Demand Delivery service in the sub-Saharan Africa (SSA) region. The new service allows shippers and receivers globally to select from a range of standardised delivery options. 21 Feb 2017
WASHINGTON, US: In an effort to cut down on confusion about labels on food items, grocery manufacturers and retailers are being urged to get rid of terms like 'sell by' and 'best before'. 21 Feb 2017
The share prices of Shoprite and Steinhoff both jumped 7% on Monday morning after they called off their proposal to merge into Retail Africa. 21 Feb 2017
Popular music recognition app Shazam and fashion and fragrance brand Azzaro announced last week the South African launch of ‘Wanted', a new fragrance for men through a world-first activation using Shazam's beacon technology. 20 Feb 2017
Online retailers have led the charge when it comes to the early adoption of technology to enable better customer experience. However, despite a growing appetite for virtual reality (VR), its use in retail has largely been a novelty. But this is set to change. 20 Feb 2017
Billionaire investor Warren Buffett has dumped 90% of his Walmart shares, worth $900m. 20 Feb 2017
Woolworths says it is beginning to see some "green shoots" in its Australian operations, with significant changes in store for David Jones and Country Road Group. 20 Feb 2017
According to consumer research done by Pernod Ricard South Africa – the company behind brands like Absolut, Jameson and Chivas Regal – over the past festive season, consumers of top-end spirit brands continue to see socialising and connecting with their friends as a priority and will be resourceful with budgets to ensure a good night out. 20 Feb 2017
Around the world, similar scenes play out daily: the health-conscious go running with a dog by their side, dogs and children play elaborate games in local parks, glamourous ladies do window shopping with an equally stylishly dressed dog at their heels... Pets are becoming increasingly important, with a growing number of pet owners treating their pets as family members, and spending more on their pets. Can similar trends be seen in South Africa? 20 Feb 2017
MFM 92.6 identified one of the biggest barriers to successful learning as stationery and, in partnership with Checkers and the Stellenbosch community, donated stationery of R35,000 to schools in the Stellenbosch area. 20 Feb 2017
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