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Tribunal Confirms Consent Agreement: Pick N Pay Exclusivity Provisions in Lease Agreements Immediately Scrapped Against Privately Black-Owned Supermarkets, Small Businesses and Speciality Stores

Supermarkets that are privately owned and controlled by historically disadvantaged persons (“HDP Supermarkets”) can immediately access letting space in all shopping centres where a Pick n Pay store has exclusivity provisions in its lease agreement. The abovementioned HDP Supermarkets can be single or multiple store operations as long as they …

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Famous Brands | Resignation of Group Financial Director

Shareholders are advised, in terms of section 3.59 of the Listings Requirements of the JSE Limited, that Kelebogile (Lebo) Ntlha has resigned as Group Financial Director of Famous Brands, effective 30 November 2021 to pursue other endeavours. The board of directors (“the Board”) would like to thank Lebo for her …

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Bolt Food and Pathway Cycles Shift Gears on Cape Town Food Deliveries

Bolt Food is partnering with Cape Town’s Pathway Cycles in an electric bicycle pilot that could see food delivery couriers boosting their income, reducing the service’s impact on the environment, and changing the way that fleet owners work with delivery platforms. Pathway Cycles owns a fleet of environmentally friendly electric …

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Black Sugarcane Farmers Boosted by R128 Million Transformation Spend but Still Stifled by Sugar Tax

Over the past year, South African cane growers contributed R128 million to the sugar industry’s annual transformation projects, which received R200 million overall. This funding provided much needed relief to small-scale and largely black growers. Devastatingly, this group of growers’ revenue was 15% less than the previous year due to …

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Starbucks to Offer Reusable Cup-Share Program in All Europe, Middle East and Africa Stores By 2025

EMEA region to introduce projects in U.K., France, and Germany over the coming months; to be expanded across 43 countries by 2025 The Cup-Share initiative is part of the company’s ongoing approach to encourage customers to use reusables which includes a paper cup surcharge, reusables discount and in store ceramic …

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12 Years in the Making: Citrus Industry Sends Off First Shipment of South African Citrus to the Philippines – Now Set to Challenge Australia & Argentina for Market Share

A delegation from the Citrus Growers’ Association of South Africa (CGA) visited the Durban Port to see off the first South African shipment of citrus to the Philippines. This historic occasion follows twelve years of negotiations between the two countries with a landmark workplan finally being signed between the Department …

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Thought Leadership: Seeing Fresh as a Competitive Advantage

Mike Smollan, Chief Growth & Innovation Officer, Smollan examines growth potential D2C holds for fresh, frozen and perishables. As new shopping habits formed during the pandemic, consumer behaviour has been influenced indefinitely as research indicates that demand has seen a huge uptick in D2C in the freezer, fridge, and table …

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ACI Worldwide Powers Payments Innovation for Pick n Pay

Pick n Pay, one of South Africa’s leading retailers, to utilize ACI Omni-Commerce to drive payments modernization as it significantly grows its transaction volumes ACI Worldwide, a leading global provider of real-time digital payment software and solutions, has announced it is extending its partnership with Pick n Pay to drive payments …

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Konga As E-Commerce Global Game-Changer

By: Ray Umukoro When global economy pundits describe Africa as the next frontier, they are merely reacting to strong stimulus coming from the continent, especially in the areas of improving agro-economy, commerce, internet penetration and increasing capacity to harness the abundance of raw materials within the continent. Among these stimuli …

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