Philip Morris South Africa (PMSA) has launched the Iqos Iluma, the latest addition to the brand’s growing portfolio of smoke-free products for adults who would otherwise continue to smoke cigarettes or use nicotine products. 8 Mar 2024
Enviromall has launched its new compostable PLA bags. These innovative bags, made from plant-based materials, offer a sustainable alternative to traditional single-use plastics for the hospitality, retail, and packaging industries. 8 Mar 2024
Children walk past a vegetable stall in Soweto 23 July 2015. Reuters/Siphiwe Sibeko/file photo
South Africa's current account deficit widened sharply in the fourth quarter of 2023 to 2.3% of gross domestic product (GDP) from a revised 0.5% of GDP in the third quarter, central bank data showed on Thursday, 7 March. 7 Mar 2024
Thrilling triumph: Sorbet and Bidvest Bank honour Sibongile Dlamini as final Sorbet-Preneur 2023 store recipient. 7 Mar 2024
Rahul Jain, CEO and co-founder of Peach Payments
South African payment gateway, Peach Payments has added Nedbank Direct EFT as a payment option for e-commerce websites that use its services. 7 Mar 2024
South Africa's RCL Foods will unbundle its Rainbow Chicken business and list it on the Johannesburg stock exchange as part of a strategic review, the food producer said on Monday, 4 March 2024, as it reported half-year earnings growth of 52.6%. 7 Mar 2024
South Africa's business confidence slipped in the first quarter of 2024 amid ongoing load shedding, port congestion and inflation, a survey showed on Wednesday, 6 March 2024. 7 Mar 2024
Lindt South Africa, renowned for its exceptional chocolate craftsmanship, is delighted to announce the launch of an exquisite array of Easter treats, combining beloved classics with innovative delights to make this holiday season truly special. 6 Mar 2024
According to recent research conducted by Forrester Consulting on behalf of Experian, 65% of surveyed business leaders believe that Artificial Intelligence (AI) has positively transformed their customer experience. The study further reveals that AI is driving faster and more accurate decisions, personalised offers, and instant access to support. 6 Mar 2024
In a tough environment, the Sea Harvest Group delivered a resilient operating performance for the year ended 31 December 2023. The period experienced strong demand for seafood internationally, offset by challenging fishing conditions locally, persistent cost inflation and the continued impact of load shedding. 6 Mar 2024
Shoprite, South Africa's biggest supermarket group, reported a 7.6% rise in half-year profit on Tuesday, 5 March 2024, and continued to win market share from struggling rivals with its competitive pricing. 6 Mar 2024
Sneaker Factory, a member of the Foschini Group, marks a triumphant milestone as it celebrates five years since its inception. 6 Mar 2024
The site of the former Barloworld headquarters in Sandton has been revitalised and transformed into a contemporary mixed-use precinct, with the much-anticipated opening of Barlow Park Retail on 29 February 2024. 5 Mar 2024
In 2021, the director of the African Research University Alliance Centre of Excellence in Food Security at the University of Pretoria was appointed to the board of the transnational food corporation Nestlé. 5 Mar 2024
With online sales in Africa on course to top the trillion-rand mark by 2026, the race is on for e-commerce businesses to claim their piece of the pie. 5 Mar 2024
South African consumers are under financial strain and, consequently, the way they shop has changed. And with further economic uncertainty expected in the coming year, we expect this evolution to continue. A few trends emerged during last year's holiday season, which we believe retailers should pay attention to going forward. 4 Mar 2024
Aveeno, a global dermatologist tested skincare brand launches a new range of oat-powered skincare solutions in South Africa on 1 March 2024. Aveeno leverages the properties of oats to nourish and strengthen sensitive skin, an issue that over 70% of South African’s grapple with according to a recent survey. 4 Mar 2024
The South African Breweries (SAB) reported double-digit top-and high-single-digit bottom-line growth with record high full-year volumes for its financial year (FY) 1 January 2023 – 31 December 2023. 4 Mar 2024
Massmart has explicitly dedicated recent customer research to gaining a deeper understanding of consumer perceptions of product affordability in the existing tough economic environment. This has translated into a relentless focus to reduce the prices of specific consumer identified and mandated everyday essentials like maize meal and baby products. 1 Mar 2024
Pick n Pay, on Wednesday, 28 February 2024, filed a court application for the liquidation of the Pick n Pay franchise businesses owned by the Baladakis group, after the franchisees’ continued accumulation of overdue debt, which has reached R224m. Pick n Pay expects the liquidation application to be heard in the Johannesburg High Court around 12 March 2024. 29 Feb 2024
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