Spar reports growth of 3.3% as global retail sales reach €41.2 billion
SPAR, the world’s largest food retail voluntary chain, has seen annual retail sales break the €40 billion mark for the first time, today reporting global sales revenue of €41.2 billion for the year ending December 31st, 2021. The figures represent a 3.3% year-on-year increase in global sales revenue at constant currency values.
Informal Retail in Africa: Could Technology be the Key Enabler?
Since the turn of the century and consistently for nearly a decade before the COVID-19 pandemic ravished global markets, Africa was home to the fastest growing economies. The shoots of positive growth it demonstrated afforded it the title of the “last frontier” for businesses seeking growth opportunities in an otherwise flattening global growth context.
Consumers need a good reason to shop this Black Friday
Last year’s Black Friday retail sales massively underperformed for many reasons, according to Marino Sigalas, Account Director at The MediaShop. He says that some consumers were not comfortable with the thought of being shoulder to shoulder with other shoppers during a pandemic.
Shoprite Group earns Top Employer status for 2024
The Shoprite Group has been recognised as a Top Employer for 2024 by the Top Employers Institute, a global authority on excellence in people practices.
Woolworths snaps up four awards at the annual PLMA international salute to excellence awards
The Private Label Manufacturers Association (PLMA) is a non-profit trade association that promotes private labels.
Shoprite, Usave and Checkers private label products triumph at SA Dairy Championships
Shoprite, Usave and Checkers’ private label products clinched the top spot in four categories, including best Mild Cheddar Cheese, UHT Milk – Full Cream, and Low-Fat Plain Yoghurt, at the 191st South African Dairy Awards.
Pick n pay upcycles air-conditioning systems, saving energy and reducing waste
In its commitment to use less energy and reduce unnecessary waste, Pick n Pay is refurbishing air conditioning systems with energy-efficient technology while keeping over 60 tonnes of waste from landfill.
Shoprite Group opens pathways to job opportunities for unemployed youth
This Youth Month, the Shoprite Group is calling on unemployed and unskilled South Africans, aged 18 to 34, to apply for specialist training and education programmes to increase their employability in the retail sector.
Pick n Pay empowers shoppers in the fight against e-waste, while supporting job creation
Pick n Pay is taking proactive steps to address the escalating global issue of e-waste, the fastest-growing solid waste stream, by introducing 210 e-waste recycling bins in its stores.
Warning of Eskom collapse
By: Daily Investor
Ramokgopa referred to South African municipalities owing Eskom R78 billion, which is increasing at an alarming rate.
Knorr recalls brown onion gravy sachets
By: Se-Anne Rail - IOL
Knorr is recalling its brown onion gravy sachets after manufacturers have discovered some packets may contain traces of cow’s milk and soy.
Eskom CEO shares good news about load-shedding
By: Bianke Neethling – Daily Investor
Eskom has done a tremendous job of limiting unplanned outages and improving the performance of its coal fleet, which bodes well for load-shedding in South Africa going forward.
Tax warning for South African businesses
By: Shaun Jacobs – Daily Investor
In June, the Constitutional Court ruled in favour of Coronation in its legal battle against SARS regarding the profits earned by its Irish-based subsidiary, Coronation Global Fund Managers (CGFM).
Eskom corruption crackdown
By: Myles Illidge – My Broadband
Eskom is cracking down on corruption surrounding its operations and service providers, and using new technologies and systems to minimise opportunities for criminal activity.
Eskom begins power cuts
By: Staff Writer – MyBroadband
Eskom has announced that it will resume load reduction in specific supply areas where network overloading is threatening critical electricity infrastructure.