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South Africa's big business wants spaza shop economy?
Major businesses across South Africa are looking to capitalise on the country's booming informal economy, with many companies licking their lips at an opportunity worth hundreds of billions of rands....Published: 22 Nov 2024 at 10:04hrs | 573 | by Staff reporter
Old Mutual Two Oceans Marathon announces 2018 final results ahead of their 50th anniversary campaign launch
(South Africa, 5 October 2018) With just one month before entries open for the Old Mutual Two Oceans Ultra Marathon, the OMTOM team has been given the green light to publish the results of the 201...Published: 05 Oct 2018 at 09:38hrs | | by Two Oceans Marathon NPC
Brands and stores affected by Edcon's new recovery plan
Edcon Holdings' latest recovery plan includes closing chains including Red Square cosmetics and La Senza lingerie and attempting to lure their customers to its flagship Edgars clothing stores....Published: 05 Jul 2018 at 12:41hrs | | by Bloomberg
Choppies acquires 21 more stores in SA
BOTSWANA-listed retail giant, Choppies Enterprise Limited, is acquiring South African retail outlets owned by Jwayelani, which owns 21 stores in Kwazulu-Natal and the Eastern Cape.Jwayelani, w...Published: 11 Jan 2016 at 05:55hrs | | by Staff reporter
Great news for South African Shopify users.
Shopify users in South Africa will be pleased to know that eSolutions, by DPD Laser, one of the premier sponsors at our eCommerce Confex, has launched the first free Shopify Shipping App specifically ...Published: 14 Jan 2015 at 07:13hrs | | by Marcia van Jaarsveld
OK Zimbabwe boss threatened with legal action
FORMER workers of Makro Zimbabwe have written to OK Zimbabwe chief executive Mr Willard Zireva threatening legal action over disputed alleged defamatory comments he made about them. The disput...Published: 12 Nov 2013 at 02:12hrs | 1 | by Business Reporter
OK at loggerheads with workers
OK Zimbabwe is embroiled in a potentially bruising wrangle with 51 former workers of Makro Zimbabwe over alleged unfavourable working conditions after its acquisition from Massmart in 2011. Th...Published: 09 Oct 2013 at 03:14hrs | | by Business Reporter
Youth unemployment in Africa: a ticking time bomb or an opportunity?
Leaders awakening to the need for job-creation programmes Senegalese opposition politicians denounced the country's high unemploy...Published: 17 Jun 2013 at 16:22hrs | | by Kingsley Ighobor
Western investors have to realise that Africa is looking East
Johannesburg - Western investors have to realise South Africa does not need their money since it can turn increasingly to fellow Brics members India and China to fund its economic development, ANC sec...Published: 23 May 2012 at 11:51hrs | | by Reuters
Massmart forced to sell Makro to meet Zimbabwe laws
The South African unit of Wal-Mart, Massmart, said on Thursday it had been forced to sell its sole Makro store in Zimbabwe to meet Zimbabwe's indigenisation laws."It was sad, but indigenisatio...Published: 25 Aug 2011 at 14:32hrs | | by Moyo Roy
Africa's economy rebounds without jobs
The 2011 Economic Report on Africa predicts a steady growth of African economies. Indeed, the report announces a 5% increase rate for the continent this year compared to the 4.7% recorded in 2010....Published: 28 Jun 2011 at 16:53hrs | | by Kingsley Ighobor
Massmart fired workers for attending anti-sanctions campaign
FOUR workers with a Harare wholesaler lost their jobs for taking a day off to attend the National Anti-Sanctions Petition Campaign launch by President Mugabe early this year.Freddie Matika, Vi...Published: 20 Jun 2011 at 04:25hrs | | by Ndou Paul
OK (stores) acquires former Massmart assets
OK Zimbabwe, said this week that it has concluded a transaction to acquire the two Makro operations in Harare and Bulawayo.OK chief executive Willard Zi...Published: 02 Apr 2011 at 13:26hrs | 1 | by Byo24News
Mugabe's takeover threats deter foreign Investors
A daily stream of multinational executives ask Zimbabwe's industry and commerce minister the same question: Does President Robert Mugabe plan to seize my company?"I...Published: 03 Mar 2011 at 10:12hrs | | by Farai Mutsaka
Massmart selling off Zimbabwe stores
MASSMART CEO Grant Pattison yesterday gave a stern warning to Zimbabwean authorities that a proposed law compelling all companies to hand over 51% equity to local owners would force the retail gia...Published: 21 Oct 2010 at 04:08hrs | 1 | by Business reporter
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