Filed under: Local Company News
By Tom Robbins
Cape Town – Shoprite could list a pan-African property fund to raise capital for expansion in oil-rich Nigeria, where a shortage of retail properties was holding back store openings, analysts said last week.
Filed under: Local Company News
By Roy Cokayne
Pretoria – Households, whose high debt levels are of concern to policy makers, are starting to get a grip on their finances, a prerequisite for a recovery in the residential property market.
Filed under: Local Company News
By Tom Robbins
The local economic slowdown, which had “no dramatic implications at all”, was expected to be over by 2010, resulting in a return of buoyant consumers, according to a report by researcher Planet Retail.
Filed under: Local Company News
Are South Africans addicted to fast foods or has eating out become so much a part of our way of life that it is considered an essential expense? Or do our fast food restaurants simply have very reasonable prices?
Filed under: Local Company News
September 12, 2008
By SLINDILE KHANYILE
Durban – Spur Corporation raised its revenue by more than a third in the year to June but an unsuccessful fish and grill pilot outlet in Australia undermined the results.
Filed under: Local Company News
By Ethel Hazelhurst
Johannesburg – Better times are in store for consumers who have seen inflation outstrip their wage increases over the past year.
Filed under: Local Company News
By Tom Robbins
Cape Town – Mr Price was continuing to grow its overall Mr Price Home store footprint, despite closing some unprofitable stores, joint managing director Steve Ellis said yesterday.
Filed under: Local Company News
In its customary brief style, Rex Trueform said last week in its annual results commentary that gross margins had expanded by a full 2 percentage points, an excellent performance in a cycle characterised by markdowns.
Filed under: Local Company News
September 10, 2008
Pssst. The secret’s out at KFC.
Well, sort of.
Colonel Harland Sanders’ handwritten recipe of 11 herbs and spices was removed yesterday from safekeeping at KFC’s corporate offices for the first time in decades. The temporary relocation is allowing KFC to revamp security around a yellowing sheet of paper that contains one of the US’s most famous corporate secrets.
Filed under: International News
September 11, 2008
Harare – Zimbabwe would license shops to sell goods in foreign currency to help ease shortages, it said yesterday – the clearest sign that authorities were losing the battle against a thriving black market.

