Shoprite interest up as Whitey Basson sells stock
- Staff Writer: Ann Crotty
In an unprecedented move, Shoprite/Checkers is being forced to repurchase R1.8bn worth of shares from former CEO Whitey Basson.
Weil an example for retail
- Staff Writer: Annabel Bean Retail lead, IQBusiness
If you were born in the 1970s, you probably remember the "trolley for trolley" ad that sported the portly frame of Clive Weil, former CEO of Checkers. He effortlessly crept into our hearts.
eThekwini Municipality to buy Rainbow chicken farms
- Staff Writer: Thami Magubane
eThekwini Municipality has given hope to the small town of Hammarsdale, which recently lost thousands of jobs in the chicken farming sector.
Millennials increase consumption of hyper-functional foods
Hyper-functional foods, which combine natural ingredients with added vitamins and proteins, such as smoothies or fruit-and-nut bars, are gaining in popularity, as are natural and herbal tonics based on trusted recipes.
Flexi-hours and working from home to fight Cape Town’s traffic chaos: report
- Staff Writer: By Staff Writer
The City of Cape Town plans to incentivise the city’s employers to introduce flexible working hours and working from home to try and reduce traffic, according to EWN.
Unilever faces fine over cartel conduct
- Staff Writer: By Mark Allix
The Competition Commission has charged Unilever SA for cartel conduct, referring a cartel case against the group and Malaysian firm Sime Darby Hudson Knight for prosecution to the Competition Tribunal.
Kraft’s bid for Unilever collapses
- Staff Writer: By Devin Banerjee
Kraft Heinz Company’s $143bn bid for Unilever collapsed just two days after it became public knowledge, with the adamance of the Anglo-Dutch target’s rejection said to have played into billionaire Warren Buffett’s longtime aversion to hostile deals.
Steinhoff 'terminates negotiations' with Shoprite over merger
- Staff Writer: By Robert Laing
Shoprite’s share price jumped 7% and Steinhoff’s 6% after the retailers called off their proposed merger.
Mobile phones now available from Shoprite & Checkers at supermarket prices
Shoprite and Checkers supermarkets have expanded their mobile offering by making a range of affordable smart phones and feature phones available at the Money Market counters in 200 stores across South Africa.