On 30 March 2023, Latitude Properties, a well-known South African development group, will launch phase one of the R200m Kunjani Concordia mixed-use development in Concordia, Knysna. The 4500m2 shopping mall will bring shopping convenience to an underserved area, with phase two planned to include a second retail component and other amenities such as affordable housing, a co-working office, day clinic, action-soccer fields, and an Early Childhood Development centre. 9 Mar 2023
Confectionery giant Mondelez International has announced that the iconic image of the Swiss Matterhorn mountain peak will no longer appear on the packaging of Toblerone chocolate. The packaging will also be changed to read "Established in Switzerland," rather than "of Switzerland". 9 Mar 2023
This March, H&M Home will present the second instalment of its For the Love of Art collaboration. This year's collab features South African artist Lulama Wolf and US artist, poet and author Amber Vittoria, who will each present their own product capsule within the collection. 9 Mar 2023
A new study from Juniper Research predicts that the number of consumer instant payments will exceed 235 billion in 2027, up from 74 billion in 2023. 9 Mar 2023
The days of ivory towers are well and truly over - and thank goodness for that. Discarding the pretense of being perfect (in other words, embracing authentic leadership) has paved the way for more meaningful interactions in the workplace which, in turn, encourages employees to give of their best. 8 Mar 2023
South Africa's biggest supermarket group Shoprite expects diesel costs to operate generators to remain elevated given rolling power cuts, pressuring its margins, but says new store openings will drive growth in 2023. 8 Mar 2023
Rogz is an instantly recognisable brand name to scores of doting pet owners. From leashes and collars to toys and beds, Rogz products have long formed a standard part of the pet accessories' arsenal and after more than 20 years in business, the local brand remains a frontrunner in the increasingly competitive pet retail space. 8 Mar 2023
The partnership is designed to support the growth and development of aspiring entrepreneurs by helping them set up and own a Sorbet franchise. 8 Mar 2023
Fourth-quarter retail figures suggest a slight sales recovery, but cash-strapped consumers are turning to credit to finance their purchases and new loan default rates paint a worrying picture. 8 Mar 2023
Source: Reuters/Siphiwe Sibeko
Shoprite, South Africa's biggest supermarket group, posted a 10.2% rise in half-year earnings on Tuesday, 7 March, as both cash-strapped shoppers and upmarket consumers went after Black Friday and holiday deals. 7 Mar 2023
How long can your business operate without Eskom grid electricity? Two hours? Two days? Two weeks? More importantly, how long should it be able to operate without electricity? This is one of the most important questions businesses in South Africa should be asking right now, advises Jason Griessel, head of Cushman & Wakefield | BROLL Strategic Risk Services. 7 Mar 2023
Source: Reuters/Siphiwe Sibeko
RCL Foods and AVI said demand was expected to remain muted as consumers grapple with high costs of living and they saw little relief in input cost pressures, which will force them to continue raising prices. 7 Mar 2023
Natural skincare company Corium Skincare started as a hobby and has now developed into a flourishing locally-based, Black-owned beauty business. Its products are made from natural and botanical ingredients and are inspired by traditional African, Himalayan and Ayurvedic beauty practices. 6 Mar 2023
Despite one's best efforts to solve problems during the design stages of product development, some production challenges may still occur. Eliminating the guess work through a production trial process is critical to ensure an efficient and profitable production run. 6 Mar 2023
AVI Ltd posted half-year earnings growth of 0.6% on Monday, 6 March as the South African food producer and fashion retailer lifted prices to put a lid on rising input costs, but said consumer demand was constrained by the high cost of living. 6 Mar 2023
Source: RCL Foods
South African food producer RCL Foods on Monday, 6 March dropped interim dividend plans after its half-year earnings slumped 22.4% due to high commodity and energy costs. 6 Mar 2023
Source: Reuters/Sumaya Hisham
Pepkor Holdings raised R1.2bn in the South African bond market this week, the owner of South African clothing brands Pep and Ackermans said on Friday, 3 March. 3 Mar 2023
The South African Bureau of Standards (SABS) recently published new requirements and guidelines for the marking and identification of environmentally-friendly production and processing of degradable plastics and plastic products. 'Degradable plastics' include but are not limited to biodegradable, compostable, oxo-biodegradable and water-soluble plastics. 3 Mar 2023
Through Taverns of the Future, Heineken South Africa together with partners is embracing the transformation of impoverished taverns, many without important basic amenities. 3 Mar 2023
Coca-Cola Beverages South Africa (CCBSA) is partnering with the Henley Business School on a strategic learning partnership to empower select suppliers to the beverage company. 3 Mar 2023
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