Montego Pet Nutrition, the largest privately-owned pet food manufacturer, brand owner and distributor in Africa, has been knuckling down to put Africa on the global pet industry map. 30 May 2022
Source: Supplied
Shoprite and Checkers have announced a voluntary recall of 170g cans of Cape Point Light Meat Shredded Tuna in Water, due to the possibility of cans with defective double seams. 30 May 2022
Tsepiso Monamodi, founder of South African children's shoe brand Oratile Kids, is one of the local entrepreneurs who have benefitted from the commitment by Clicks to source more South African products. 27 May 2022
In Mzansi, there's no shortage of spicy situations calling for a 'SJOE!' (or 'Sho!' or 'Shuuu!'), which can only mean one of two things - either something has gone terribly wrong or gone perfectly right. Spice adds a little flavour to our lives, from a taxi door unhinging when you get off, to tasting something with a chilli kick. To keep the Sjoe moments going for chilli lovers, the king of chilli sauce and Burger King®, both known for continuously pushing the flavour envelope, have come together to offer Mzansi the king of chilli burgers. 27 May 2022
Source: Supplied
Irish multinational taste and nutrition company Kerry is expanding operations in East Africa to bring more local, sustainably-produced food and taste solutions to the continent. Its new Nairobi Development and Application Centre opened to support customers in East Africa and the development of sustainable food processing for the continent. 27 May 2022
Due to the pandemic, the global economic climate has remained unstable and volatile during the last two years. Global inflation is expected to increase by around 10%, and with supply chain disruptions and economic uncertainty on the rise, consumer purchasing power is decreasing. However, even in the face of hardship, retailers should look for the positives. 27 May 2022
The rising cost of living for South African consumers is pushing shoppers to purchase more private label products during their routine shopping trips, as a way to keep costs down. This is according to Makro and Builders owner Massmart, which has recorded growing interest in its private label products across all customer segments and has stated its intention to continue investing in these areas. 26 May 2022
Source: Supplied
South African beverage company Score Energy Drinks has introduced a new variant that includes the local super-ingredient, umhlonyane, sourced from the Kwa-Zulu Natal village of eDakeni. The new flavour introduces a unique home grown offering to the market - made by South Africans, for South Africans, using a unique South African ingredient. 26 May 2022
Tiger Brands will intensify efforts to reduce costs and minimise price rises but significant increases are inevitable, South Africa's largest food producer said this week as it reported a decline in profit. 26 May 2022
Globally, countries urge shoppers to purchase domestic goods above imports to assist local livelihoods, small business growth, and job creation. Here on African soil, this call for conscious consumerism is now more important than ever. 25 May 2022
Restaurant franchisor Spur Corporation, owner of brands including Spur Steak Ranches, Rocomamas and Panarottis, has appointed Vuyo Henda as its new chief marketing officer. 25 May 2022
Source: Reuters/Siphiwe Sibeko
South Africa's largest food producer Tiger Brands posted a 2% drop in half-year earnings on Wednesday, 25 May, hit by a poor first quarter due to a sharp volume decline in bakeries and a protracted strike at its snacks and treats division. 25 May 2022
With global e-commerce sales having grown exponentially over the last 10 years, but particularly over the last two Covid-impacted years, there has been a dramatic shift to social commerce, which uses networking websites such as Facebook, Instagram, TikTok and Twitter as vehicles to promote and sell products and services. For example, in the United States, social commerce sales are expected to reach over 7.8% of total e-commerce retail sales by 2024. 25 May 2022
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Coffee chain Starbucks is leaving Russia after 15 years, following the country's invasion of Ukraine, and will no longer have a brand presence in the country. 24 May 2022
Denim fashion brand G-Star Raw has expanded its Certified Tailors programme to South Africa. 24 May 2022
Lifestyle Spar Tops, a premier liquor store in Ballito. Source: Spar
With the proliferation of e-commerce, shopping has become simpler and more convenient, but a well-designed in-store experience still holds its magnetism. 23 May 2022
Source: Dis-Chem
Dis-Chem Pharmacies reported a rise in annual profit on Monday, 23 May, buoyed by acquisitions of new drugstores and stronger demand for medicines as Covid-19 lockdowns ease. 23 May 2022
Patrik Frisk, outgoing Under Armour CEO and president. Source: Under Armour
After a little more than two years in the role, Patrik Frisk will step down as Under Armour, Inc.'s president and chief executive officer (CEO), and as a member of its board, effective 1 June 2022. 23 May 2022
David Kusel, head of product at PayFast. Source: Supplied
Between 12- and 24-million e-commerce sites exist across the globe, according to Shopify's 2022 Future of Commerce report. Unpacking how local entrepreneurs can grow and scale their own e-commerce businesses amid increasing competition, the PayFast eCommerce Virtual Summit will take place from 26 to 29 May 2022. 20 May 2022
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