Gill Marcus, the governor of the Reserve Bank, warned last week that the global economy was in a “very, very precarious situation”.
The state has given public sector unions until Thursday to accept a 6. 5 percent wage increase.
Astral Foods’ interim earnings would be lower due to increased costs and a proposed settlement with the competition authorities regarding an investigation, the chicken ...
The liquidators of Pamodzi Gold will pursue criminal charges against the directors of Aurora Empowerment Systems and its associates, as well as sue them in their ...
Pick n Pay opened its second distribution centre, taking it one step closer to achieving greater efficiencies across the group.
A recent survey of online consumers shows that South Africa is the most pessimistic country in the region.
Clothing retailer Naartjie Kids aims to open a further 50 stores in the Middle East and north Africa by 2015 after entering the region in July and will continue ...
Competition among food retailers targeting low-income consumers is intensifying but, as the market becomes crowded, succeeding will be a greater challenge. Shoprite ...
Those who are highly skilled, unionised or work in the public sector, regardless of income level, are remarkably confident and rate their financial prospects as ...
Labour Minister Mildred Oliphant faces legal action from clothing manufacturers who accuse her of breaching the law by extending compliance with the minimum wage ...
Retail sales rose sharply in April, with annual growth jumping to 9. 8 percent from 5. 3 percent in March and far surpassing a consensus forecast of a 5. 1 percent ...
Tedelex, a subsidiary of JSE-listed Amalgamated Appliance (Amap), has bought television and satellite equipment manufacturer Sanmeg Satellite for R53-million in ...
Today is the last day for investors to buy Massmart shares if they want to participate in the scheme in which Walmart will buy 51 percent of the JSE-listed retail ...
Kraft Foods’ Cadbury Dairy Milk plain chocolate is the first major brand in South Africa to be certified Fairtrade, an initiative that will improve living and working ...
Edcon, the owner of Edgars, Jet and CNA, will continue to be conservative in its credit granting policy, unlike competitors who have become, in a low interest rate ...
Massbuild, the do-it-yourself (DIY) division of Massmart, has been a good bet for the group, which eight years ago recognised a gap in the market and an opportunity ...
The Competition Tribunal may have given Walmart and Massmart the go ahead but the government still has the scope to challenge its decision.
Taste Holdings reported a 15-percent increase in headline earnings to R18. 2-million in the year to February as demand picked up in the second half, a trend which ...
Consumers appear to be in better shape, with good demand for fast food, furniture and electrical appliances.
Furniture retailer Lewis Group’s strategy to open smaller-format stores in high-density trading areas is paying off by generating sales on a par with bigger stores, ...
Pioneer Foods faces intense cost pressure and is managing a balancing act between raising prices, but not to the extent that it will stifle demand.
Seardel, the largest clothing and textile manufacturer in South Africa, is in the black for the first time since 2007.
SABMiller’s South African subsidiary, SAB, posted strong results in the year to March as both lager and soft drink volumes increased and a new business strategy ...
Retail sales remained firm in March, which was good news for economic growth, economists said this week.
The government’s intervention in Walmart’s proposed purchase of Massmart is unprecedented and extraordinary, according to counsel for the merging parties.