Filed under: Local Company News
Shoprite Holdings’ investors should demand at least R38 a share for South Africa’s second-largest food retailer, 36 percent more than an offer made by a group led by Brait, according to UBS (more…)
Filed under: Opinion/Analysis
When I first started writing columns for Business Report in 2003, the JSE was going through a three-year bear market and appeared to have lost its charm.
Filed under: Opinion/Analysis
CLOTHING RETAILERS While acknowledging the recent contribution of retailers Foschini, Pepkor and Woolworths to the local clothing manufacturing sector, the department of trade and industry’s Iqbal Sharma has again lashed out.
Sharma’s first target was predictably the media, which he accused of reporting that the department had backed down after it granted some Chinese quota exemptions to these retailers. This was after they committed themselves to job creation in the local manufacturing sector. He said all the department had done was show flexibility in its approach to the controversial matter.
Filed under: International News
The department of trade and industry (dti) had been talking to a number of foreign clothing retailers who were “very serious” about investing in South Africa, it said yesterday.
Filed under: Local News
Retailers Pepkor, Woolworths and Foschini had been granted permission to exceed government quotas on Chinese clothing imports, the Southern African Clothing and Textile Workers’ Union (Sactwu) said yesterday at Fashion Imbizo. (more…)
Filed under: Local News
The development of a R230 million retail mall is planned for Newcastle on a site next to the R100 million Century Casino Spa and Hotel.
