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Deputy President Cyril Ramaphosa is poised to dispose of food company McDonald's SA so that there is no conflict of interest with his position in the government.
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Ramaphosa ready to offload McDonald's SA

Carol Paton

Deputy President Cyril Ramaphosa was poised to sell fast-food company McDonald's SA to MSA Holdings, a McDonald's subsidiary operating in the Middle East, should the transaction be completed successfully, McDonald's SA CE Greg Solomon said on Tuesday... Read

Bernie Brookes.
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Bain walks away from R25bn Edcon venture

Colleen Goko

Bain Capital will hand over ownership of the Edcon group to its creditors and walk away with nothing after its R25bn investment into the company nine years ago... Read

Billy Masetlha, Director of Menlyn Maine; Francois Roos, CEO of Menlyn Maine, South African Public Service and Administration Minister Ngoako Ramatlhodi, The Honourable Gauteng Premier David Makhura; Cllr Randall Williams MMC: Economic Development and Spatial Planning of the City of Tshwane and Kapei Phahlamohlaka Property Investments PIC.
Central Square opens at SA's first green, mixed-use city precinct

Central Square at Menlyn Maine opened today in Tshwane, introducing some of SA's most environmentally-friendly, customer-friendly and innovative shopping experiences... Read

Banking & Finance
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SARS could lose out on AB InBev bonanza

Ann Crotty

The Anheuser-Busch InBev (AB InBev) takeover of SABMiller may not prove to be as big a bounty for the taxman as initially thought, if South African-based retail investors opt to use Section 42 of the Income Tax Act to delay paying Capital Gains Tax (CGT) on their profits from the £45-a-share offer... read
Commercial Property
Greenbay plans to raise R1.75bn new share issue
Greenbay plans to raise R1.75bn new share issue
Greenbay Properties (GRP) said on Wednesday, 21 September, it planned to raise R1.75bn through the issue of new shares... read
E-commerce
Warehouse 2020: adapting to e-commerce growth
Warehouse 2020: adapting to e-commerce growth
Warehouses are changing at an unprecedented rate due to the growth in e-commerce. While there's a need to do more, more quickly, there remains a drive to cut costs in the warehouse. How are warehouses responding? read
FMCG
#FreshOnTheShelf: All Gold adds two new sauces to its range
#FreshOnTheShelf: All Gold adds two new sauces to its range
All Gold recently added two new additions to its range of sauces, namely Hot & Spicy Tomato Sauce, one of the only flavoured tomato sauces currently on South African shelves, and Light Tomato Sauce, which is Weigh-Less approved... read
Hospitality
Joel at 'home' in the Origin Roastery.
#BehindtheSelfie with... Joel Singer

Leigh Andrews

This week, we find out what's really going on behind the selfie with Joel Singer, co-founder and owner of Origin Coffee Roasters... read
Retailers
Choppies pays hefty price for expansion
Choppies pays hefty price for expansion

Colleen Goko

Choppies Enterprises - the leading supermarket grocery retailer in Botswana - continued with its expansion strategy into the rest of Africa in the year to end-June, but the moves into new territories came with a more than 50% cost to the company's earnings... read
International
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Zara owner Inditex profits rise as quick-trend model pays off
MADRID - Zara-owner Inditex posted a rise in first-half profits Wednesday thanks to what analysts said was a well-honed business model allowing the Spanish group to beat rivals in whisking new trends to the shopfloor... read
More International
Business
Up the proverbial creek: SA mining needs paradigm shift
Up the proverbial creek: SA mining needs paradigm shift

Danette Breitenbach

It's the underlying ability of the mining industry to deal with external and internal challenges that will determine its future... read
Global technology trends shaping the modern workplace
Global technology trends shaping the modern workplace
The European and South African findings from the Dell and Intel Future Workforce Study have been revealed... read
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Professional sales
The Peer Training Group - 7 Dec 2016, Johannesburg


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