The inaugural Made in Africa Conference and Expo, a large virtual gathering and showcase for African buyers and sellers, will take place on 13 and 14 April 2021. Hosted by Smart Procurement World and Sapics, two key roleplayers in the procurement and supply chain management sphere, the event promises to bring together purchasing decision-makers, policymakers, investors and businesses from across the continent. 26 Feb 2021
Retail stores generally are high-traffic areas and with the outbreak of Covid-19 for retailers and food producers, food safety remains a concern, especially keeping production lines and preparation areas uncontaminated. 26 Feb 2021
The newly-revamped Checkers Hyper flagship in Brackenfell now boasts a food truck, party shop and pet shop - unique services introduced to the retailer's Western Cape store network for the first time. 26 Feb 2021
South African retailer Woolworths said on Thursday it was expanding its casual and sports leisurewear ranges to reduce reliance on formal wear, after reporting a rise in half-year profit for the first time since 2015. 26 Feb 2021
"Ridiculous" is how the South Africa Tobacco Transformation Alliance (Satta) has described the 8% increase in the excise charged on tobacco products, announced in the Budget Speech last night. 25 Feb 2021
South African organisation Inmed Aquaponics Social Enterprise (ASE) is among the first to receive capital through Mondelez International's new impact investing platform Sustainable Futures. The global snack company announced the launch of the platform last week, which is designed to incubate, finance and support self-sustaining ventures that address key challenges in the world. 25 Feb 2021
South African retailer Woolworths Holdings Ltd reported a 58.3% jump in first-half profit on Thursday, its first in five years, as sales recovered from the lows at the start of the Covid-19 pandemic. 25 Feb 2021
The South African alcohol industry says it's gravely concerned that excise tax will be increased by 8%, which will exceed the targeted excise duties for wine, beer and spirits set by Treasury itself, at 11, 23 and 36% respectively. 25 Feb 2021
Government will increase the excise duties on alcohol and tobacco products by 8%, the National Treasury said on Wednesday. This comes as the National Treasury took a decision to reverse its earlier announcement of additional tax measures that would have raised R40bn amid a revenue shortfall. 24 Feb 2021
Following the turbulent year that was 2020, South African customer engagement and incentive solutions business 2Engage shares a few of its 2021 predictions for trends in the loyalty and rewards space in South Africa's retail main market. 24 Feb 2021
Credit: Spur Corporation
South African franchise restaurant chain Spur Corporation said on Wednesday it expects first-half profit to slump as much as 77%, following Covid-19 lockdowns, retrenchment costs and reduced franchise fees. 24 Feb 2021
Around the world, people commonly associate certain foods and products with particular geographical areas. These products are known for characteristics like aroma, flavour, and the traditional knowledge systems used to make them. Legal and agricultural scholars speak of these characteristics as terroir. 24 Feb 2021
Credit: Massmart
A merger between Devland Cash and Carry and Massmart-controlled Masscash will save at least 640 jobs, said the Competition Tribunal following the approval of the transaction. 23 Feb 2021
South African retailer Truworths is launching a new value fashion chain called Primark - no relation to the international retailer of the same name. Truworths plans to open approximately 15 Primark stores over the next few months, with an average store size of 100m² during the launch trial phase. These will be a mix of standalone stores and others located in existing Truworths-owned stores. 23 Feb 2021
With over 2 billion digital buyers worldwide, experts project that retail e-commerce sales will reach $4.9tn this year. But the internet, and particularly social media, has become a major enabler in the sale of online counterfeit products, ensuring anonymity and providing counterfeiters with access to a global market. 23 Feb 2021
Credit: P&G
Procter & Gamble (P&G) announced new declarations aimed to propel gender equality across Asia Pacific, the Middle East and Africa, at its third annual #WeSeeEqual summit for the region which took place on 17 February 2021. 22 Feb 2021
Retail group TFG has urged the South African government to speed up a planned removal of import duties on yarns, which are cotton threads used to make fabric. The Foschini owner said this change is essential to enable larger purchases of locally-made fabrics. 22 Feb 2021
A worker walks beneath a logo at Makro Store Riversands of South African retailer Massmart in Midrand, South Africa, August 28, 2019. Reuters/Siphiwe Sibeko/File Photo
South African retailer Massmart said on Friday it was planning further store closures and flagged a deeper full-year net loss of more than R1.7bn after curbs related to the Covid-19 pandemic hammered sales. 22 Feb 2021
The unforeseen disruption experienced in 2020 has prompted food and beverage producers to future proof their businesses as far as is possible. While uncertainty seems set to continue for some time, through focusing on expediting time to market; food quality and safety; supply chain resilience; and the creation of omni-channel models, companies are putting themselves in the strongest position they can to embrace and capitalise on future opportunities. 19 Feb 2021
Reebok has paired up with local lifestyle brand Sealand Gear on its new [Ree]cycled shoe range. As part of the partnership, Sealand Gear has produced a special edition, upcycled tote bag to be given as a gift with the first 300 purchases of the [Ree]cycled shoe range. 19 Feb 2021
Let's do Biz