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Current Industry News

South Africa's food prices rise sharply despite easing inflation

06 May 2025 | Ivana | Economic factors

By: Ashley Lechman- IOL Business Report While the latest inflation data for South Africa showed an easing, food prices in the country saw a sharp in…

More fuel price relief on the cards for May, despite shaky rand

30 April 2025 | Ivana | Economic factors

By: IOL South Africans can look forward to more fuel price relief from next Wednesday, May 7, but a volatile exchange rate has eaten into the potent…

Pick n Pay and customers support Cape Town’s firefighting heroes

29 April 2025 | Ivana | Social Responsibility

As Cape Town’s firefighting teams continue their relentless battle against a raging wildfire, Pick n Pay has stepped in to support the courageous men…

VAT reversal a ‘significant expense’ for retailers and banks

29 April 2025 | Ivana | Economic factors

By Jana Marx – Business Day Retailers had to ensure system compliance, update shelf labels and inform customers of changes The last-minute…

Girl Power: Female-Focused Products Driving South Africa’s Vitamins Market

29 April 2025 | Ivana | Supplier news

By Yashvir Maharaj – Insights Survey There has been an increase in demand for female-focused healthcare products, with the Vitamins indust…

Engen and DEET Empower Persons with Disabilities through life-changing Skills Programme

29 April 2025 | Ivana | Social Responsibility

In a powerful move to advance inclusion, mobility, and employability for persons with disabilities, Engen, in partnership with the Disability Economi…

Finance minister withdraws VAT hike proposal amid revenue concerns

24 April 2025 | Ivana | Economic factors

By: Nadia Khan - IOL After a two-month-long battle, the Ministry of Finance announced that the proposed 0.5% Value-Added Tax (VAT) rate hike would…

Boxer-backed recycling initiative builds first classroom for Vukuzenzele Primary School

23 April 2025 | Ivana | Going green

Less than a year after Boxer Superstores proudly completed and handed over the Boxer School Recycling Project to Vukuzenzele Primary School, the init…

Clicks to open up to 55 new stores despite economic headwinds

23 April 2025 | Ivana | Store Openings

By: Tawanda Karombo|- IOL Business Report The Clicks Group plans to open up to 55 new chain stores and an equal number of pharmacies this year…

Bold new look, same trusted power: Engen Xtreme launches premium performance

22 April 2025 | Ivana | Supplier news

The reimagined Engen Xtreme lubricants range roared onto the scene with a high-impact launch at The Galleria in Sandton this month, where industry pr…

Impersonation scams on the rise in South Africa: how to protect yourself

22 April 2025 | Ivana | Crime and security

By: Staff Reporter - IOL Imposter or impersonation scams are on the rise in South Africa. Recent reports highlight a significant increase in sophist…

Fuel price set to drop in May as VAT hike kicks in

22 April 2025 | Ivana | Economic factors

By: Yogashen Pillay – IOL Business Report Motorists in South Africa could expect to have some relief next month as a fuel price cut is on the cards…

Engen Xtreme evolves to deliver premium performance for South Africa’s hardworking car engines

16 April 2025 | Ivana | Supplier news

Engen has unveiled a bold new look for its Xtreme lubricants range, positioning it as a premium solution for South African motorists. Designed to mee…

Makro expands footprint with 23rd store in Gonubie, Eastern Cape

15 April 2025 | Ivana | Store Openings

Massmart’s Makro is set to open its 23rd store on the 23rd of April, this time in Gonubie, East London. This is the first time Makro is opening a…

South African consumers adapt to rising living costs: insights from the SpendTrend25 report

15 April 2025 | Ivana | Economic factors

By: Siphesihle Buthelezi – IOL South African consumers are feeling the impact of the rising costs of living with a notable shift in their financial…

Rising water scarcity and food insecurity challenges require more sustainable solutions

11 April 2025 | Ivana | Social Responsibility

By Kevin O’Brien, SPAR Group Sustainability and Risk Executive Water is the lifeblood of agriculture, a major socio-economic driver for billions of…

National championship wins for Shoprite and Checkers’ private label dairy products

10 April 2025 | Ivana | Awards and achievements

Looking for South Africa’s best double cream yoghurt or Maas? Shoprite and Checkers’ private label products just scooped first place in sev…

Woolworths awarded dairy product of the year for fifth year running

10 April 2025 | Ivana | Awards and achievements

With one of the biggest and most diverse ranges of exceptional dairy products in South Africa, Woolworths has once again come out on top at prestigio…

Loyalty programme usage soars as cost of living bites

10 April 2025 | Ivana | Economic factors

By: Lynette Dicey - BDLive More than 80% of South Africans are using loyalty programmes — up from 76% in 2023 Cash-strapped consumers are…

Tips for navigating the pending VAT increase in your daily life

10 April 2025 | Ivana | Economic factors

By: Denise Neethling - head of marketing at Paymenow With the VAT increase looming on May 1, 2025, and the usual seasonal price hikes across various…

SPAR private label wins among SA’s best dairy products at the 2025 SA Dairy Championships

10 April 2025 | Ivana | Awards and achievements

The increasing prominence of private labels at SPAR South Africa in a highly competitive market is underscored by the organisation’s strong performan…

Consumers around the world are boycotting US goods

09 April 2025 | Ivana | Economic factors

As politicians around the world scramble to respond to US “liberation day” tariffs, consumers have also begun flexing their muscles. “…

Small Business Suppliers Pitch their Products at Massmart powered by Walmart Growth Summit

04 April 2025 | Ivana | Supplier news

On 2 April 2025 approximately 500 delegates representing 250 Africa-based small and medium businesses, from 12 countries have come together in Johann…

Nestlé sells Cremora business to Lactalis SA for undisclosed sum

02 April 2025 | Ivana | Supplier news

By: Siphelele Dludla – IOL Business After 77 years, Nestlé East and Southern Africa Region (Esar) has decided to sell the Nestlé Cremora business to…

Boxer Celebrates Graduation of Small-Scale Farmers

31 March 2025 | Ivana | Awards and achievements

Boxer Superstores, in partnership with the W&RSETA, Golden Ratio College, and uMlalazi Municipality, proudly celebrated the graduation of 277 sma…

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