05/11/2019
Tesco vows to remove a billion pieces of plastic; tells suppliers to follow its lead
Tesco is stepping up its fight against plastic waste by promising to remove one billion pieces of plastic from its own label products on sale in UK by the end of 2020. It is also urging branded suppliers to take similar action or face being delisted.
04/11/2019
Xenophobic attacks hit Shoprite’s international sales
SA’s largest grocer reviews its return on capital invested in Africa after currency devaluations and a need to close stores in Nigeria due to a backlash weighed on results
04/11/2019
Shoprite investor seeks to curb Wiese power with director
A Shoprite Holdings Ltd. shareholder nominated a veteran retail executive to the board of Africa’s biggest grocer in an attempt to reduce the influence of Chairman Christo Wiese -- part of a wider investor pushback against the former billionaire.
30/10/2019
Banking Ombudsman urges customers to check statements and raise questions immediately
“Losses and problems as a result of fraud in the personal banking space, are not the only cases that keep the Ombudsman for Banking Services (“OBS”) busy. The OBS investigates complaints involving disputed outstanding balances and terms on home loans, personal loans and revolving credit plans (RCP) on a daily basis,” said Reana Steyn, Ombudsman for Banking Services.
30/10/2019
Tesco to power stores with roof-mounted solar panels and wind farms
Tesco has signed up for a project that will see it source green electricity directly from wind farms, solar farms and solar panels on its own stores.
30/10/2019
Shoprite gets behind drought-relief efforts in Northern and Eastern Cape
The persistent drought in the Northern and Eastern Cape shows no signs of abating and so the Shoprite Group is reaching out to hard-hit communities through a number of initiatives.
Black Friday, which falls on 29 November this year, may feel like an annual treat for thrifty shoppers, but it has little to do with altruism. For retailers it is all about maximising consumer spend.
29/10/2019
Pick n Pay gears up for black Friday
Black Friday continues to gain momentum in South Africa, with many customers eagerly awaiting Black Friday deals on 29 November 2019. This year is certainly no different, with customers looking to make the most of their year-end purchases.
29/10/2019
Katlehong’s first enclosed Mall opens
Moolman Group, in partnership with Twin City Developments and Vuno Developments, is proud to bring convenience to the township of Katlehong – with the opening of the much-anticipated Sam Ntuli Mall on 31 October 2019.
28/10/2019
South Africa and UK agree terms on trade post-Brexit
The ANC’s Minister for Economic Development, Ebrahim Patel, has concluded a groundbreaking new trade deal with the UK, ensuring all existing trade arrangements and more have been cemented prior to the UK’s departure from the European Union (EU).