Developed more than ten years ago, 3D Secure 1 was welcomed, but not exactly user-friendly, widely adopted and recognised when a pop-up window appeared with ‘Verified by Visa’ (later rebranded as Visa Secure), ‘SecureCode’ from Mastercard of Safekey from Amex. The system was somewhat convoluted, complex and was often plagued by compatibility issues. A protocol
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 are privately owned and controlled
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 dedication, hard work and commitment
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 bicycles, each fitted with a
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 the continued imposition of the
With the value of online retail in South Africa topping R30bn in 2020 – and projections of R42bn in 2021 – according to the latest World Wide Worx study on the topic, retailers across the country are gearing up to accelerate their e-commerce and m-commerce efforts. While this is the prudent thing to do, there
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 offerings in the majority of
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 Agriculture, Land Reform and Rural
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 fresh deliveries space. According to
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 modernization for the South African
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 is e-commerce. Africa is witnessing
As more South African’s shift to a plant-based diet, Harvest Gourmet™, Nestlé Professional’s new meat-free alternative, answers the call of Flexitarians who want to eat less meat but don’t want to feel like they are eating vegetables While South Africans continue to identify themselves largely as a meat loving nation, a significant proportion of people
Nestlé Zimbabwe joins the rest of the world in celebrating World Milk Day. The benefits of milk and dairy go beyond its richness in nutritional quality. Dairy worldwide supports the livelihoods of millions of people. At Nestlé, we unlock the power of food to enhance the quality of life for everyone, today and for generations
WhereIsMyTransport provides commuters in high-growth markets with real-time travel information to get where they need to go WhereIsMyTransport uses data and technology to map formal and informal public transport networks Naspers continues to back South Africa-focused technology companies, with WhereIsMyTransport taking the Naspers Foundry portfolio to five companies Naspers announced a R42 million (US$3 million)
For generations of South Africans, Spur has been synonymous with bringing family and friends together to enjoy that unique Spur taste and hospitality around the table, which continues to be their core focus. However, as customers lifestyles are changing Spur is innovating its model to broaden its appeal by adding drive thru convenience, offering customers
By Robert Wilson & Shawn van der Meulen from Webber Wentzel For the first time in 20 years, a merger may be prohibited on public interest grounds alone. A ground-breaking decision by the Competition Commission (Commission) to prohibit the proposed sale by Grand Parade Investments Limited (GPI) of its investment in Burger King (South Africa) to a
Ukheshe, Mastercard, Nedbank and Telkom collaborate to grow access to the digital economy with virtual product that enables secure e-commerce payments on phone Telkom has launched Africa’s first Mastercard virtual card for use on WhatsApp, enabling Telkom Pay customers to make e-commerce payments. This move is expected to empower millions of South Africans – even
A new era of loyalty for retailers, SMEs, and consumers. South Africa has a well-established retail loyalty scene, with over 70% of consumers belonging to at least one programme – according to Truth & BrandMapp’s annual white paper – but recent numbers show that this is declining year-on-year. Research shows that participants want the rewards
In celebrating this year’s World Milk Day, Nestlé in the East and Southern Africa Region (ESAR) highlighted NESTLÉ NESPRAY Fortigrow’s role in the preservation of the environment through utilizing sustainable farming and production methods. In line with this year’s theme which focuses on Sustainability NESTLÉ NESPRAY celebrates two key initiatives. The first is the “zereau water” factory
Highlights Revenue stable at R6.5bn Trading profit up 11% to R706m Operating profit up 89% to R543m Cash generated up 19% to R852m EPS of 17c for continuing operations, compared to loss of 408.9c in 1H20 HEPS of 17.6c for total operations, compared to 0.3c in 1H20 Erik Smuts, CEO, notes “Nampak had a very
Tiger Brands has established a venture capital fund as part of its effort to drive growth. The venture capital fund will be launched in June 2021 and aims to give Food and Beverage startups the much-needed access to capital and capability required to grow their businesses. The fund will assist entrepreneurs in securing capital while
In terms of paragraph 3.59 of the Listings Requirements of the JSE Limited, Famous Brands is delighted to advise shareholders that Ms Fagmeedah Petersen-Cook has been appointed as an independent non-executive director to the board of directors of Famous Brands (“the Board”), and member of the Audit and Risk, Investment and Remuneration Committees. This appointment
Groot Drakenstein – Bruce Henderson, who has served as CEO of RFG for 22 years, is to retire in September this year and will be succeeded by Pieter Hanekom. Hanekom, 56, is currently the group’s deputy CEO and will be promoted to CEO on 1 October 2021. He joined RFG in 2015 as managing director
Africa’s e-commerce market could grow by more than $14.5 billion between 2025-2030 according to an IFC report. The report finds this can be achieved by increasing the number of women selling on online platforms and by providing them with better training and financial support to help them match sales made by men. The report, Women and
Lewis Group overcame the adverse impact of the Covid-19 trading restrictions to deliver a strong operating performance for the year to March 2021, with headline earnings increasing by 126.4% to R463.0 million. A total dividend of 328 cents per share has been declared, an increase of 77.3% over last year. The group’s balance sheet remains
1GB launch promo with data valid for one year PnP Mobile customers can now RICA their SIM cards through a completely paperless process. “Pick n Pay and our partners, TymeBank, are making it possible for our PnP Mobile customers to enjoy a completely simplified mobile SIM card purchase and registration process. They will no longer
Fintech startup and buy now pay later (BNPL) provider Payflex says that the part-payment platform grew from a shopper base of 2 000 to 85 000 in 12 months and its customer base soared from 70 merchants in 2019 to over 750 active stores this year. In addition, online merchants in SA which offer a buy
Zapper and Yoyo (previously wiGroup) are working together to broaden interoperability in the QR code space, giving their merchants access to more payment options with a single QR code, ensuring customers can pay quickly and safely with their favourite mobile payment option. This partnership between Zapper and Yoyo is currently available at the Famous Brands’
Bottles by PnP adds Smart Shopper points to all purchases and adds 100% recycled paper bags for all Bottles deliveries Pick n Pay Smart Shoppers can now earn points on their on-demand delivery orders with the Bottles by PnP app. This makes Pick n Pay the only retailer in South Africa to offer loyalty points
Checkers Sixty60 is now available in all nine provinces in South Africa – after launching in Polokwane, Limpopo, today – and has created more than 2 100 new jobs since this one-hour on-demand grocery delivery service was first launched in late 2019. In the past three months, Sixty60 has rolled-out to over 40 new areas,
Diebold Nixdorf, a global leader in driving connected commerce for the retail and banking industries, has expanded its strategic partnership with bp to provide an integrated solution comprised of hardware, software and managed services. bp extended its multi-year, managed services agreement with Diebold Nixdorf and will leverage DN AllConnect ServicesSM globally to drive its transformation journey as it
Digital and financial solutions specialists, MoData, have partnered with Renovite Technologies to deliver leading-edge cloud-native payment technology solutions to clients in Africa, which will enable them to modernise their core payment system with the convergence of physical and digital channels, providing for a seamless customer experience. The partnership will give banks and retailers in the
According to The World Health Organisation, World Food Safety Day “draws the attention and inspires action to help prevent, detect and manage food safety risks in order to promote the availability of safe and healthy food for all.” The theme of the year is “safe food now for a healthy tomorrow” which stresses that the
The Shoprite Group is adding 39 solar-powered refrigerated rigid trucks to its existing solar-powered fleet of 749 trailers by the end of June 2021. At present, the Group has a total fleet of 855 trucks and 1 247 trailers of which 749 are solar-powered trailers (473 are refrigerated trailers and 276 units are not refrigerated,
The current pandemic has had a massive impact on retail both globally and locally, and we are seeing a number of trends in this sector come to fruition at a fairly rapid pace. Shopping malls are needing to adapt and evolve, online has seen a surge together with the increase of app development, and in-store
SPAR countries across Western Europe most significant engine for growth in 2020, delivering 12% growth to reach €25.48 billion in retail turnover The SPAR response to the COVID-19 pandemic shows “the collective strength of the SPAR organisation and the critical role of independent retailing in societies and communities across the globe” – Tobias Wasmuht, CEO
RFG reported a resilient operating performance in the Covid-19 impacted trading environment in the six months to March 2021, with the group increasing headline earnings by 46.4% to R119 million. The Western-Cape based food producer, which owns market-leading brands Rhodes, Bull Brand, Magpie, Squish, Bisto, Hinds and Pakco, increased operating profit by 14.9% to R185
Vivo Energy Uganda, the company that distributes and markets Shell-branded fuels and lubricants in Uganda, together with National Environment Management Authority (NEMA), Uganda Breweries Limited, Stanbic Bank and Next Media Services have partnered to promote sustainable environmental protection in a new educative campaign dubbed ‘Taasa Obutonde,’ which means ‘Let us save the environment.’ The campaign,
Workday Human Capital Management will help company digitalise employee practices Workday, a leader in enterprise cloud applications for finance and human resources, has been chosen to support Pick n Pay as it brings its employee experience into the digital age. In 1967, Raymond Ackerman purchased the first four Pick n Pay stores in Cape Town,
In terms of paragraph 3.4(b) of the JSE Limited (“JSE”) Listings Requirements, the board of directors of Famous Brands is satisfied that a reasonable degree of certainty exists that the Group’s financial results for the year ended 28 February 2021 (“review period”) will differ by at least 20% from those reported for the prior comparable
The Tribunal has unconditionally approved the large merger whereby Trafigura PTE Ltd (“Trafigura”) will acquire Puma Energy Holdings PTE Ltd (“Puma Energy”). Trafigura is an existing shareholder of Puma Energy. Post-merger, Trafigura will own and control Puma Energy. Trafigura is a private company incorporated in accordance with the company laws of Singapore. It is an
Shoprite Holdings has appointed respected and experienced accounting professionals and board members Nonkululeko Gobodo and Linda de Beer to its board as independent non-executive directors. Both will also serve as members of the company’s Audit & Risk Committee. Gobodo is a chartered accountant and pioneer in her field who established her own successful accounting and
Pick n Pay is encouraging customers to use over R200-million in unredeemed Smart Shopper points – the amount unclaimed by customers in the last 12 months. These points have been accumulated from everyday swipes and bonus points, or through Pick n Pay partners, such as BP. Pick n Pay’s Smart Shopper – South Africa’s favourite
Food gardens and small-scale farms have seen a marked resurgence in recent years. As many as 2.2 million South African households have some form of garden or farm adjacent to their homes. This movement is key to providing food security, which is why the Shoprite Group supports several such initiatives in the Free State and elsewhere in
By Allan Dickson, Independent Chairman at redPanda Software As furniture and fashion retailers continue their recovery from the COVID-19 pandemic, and redouble their efforts to grow their customer base both online and in-store, credit will play an increasingly important role. The emergence and evolution of credit offered by furniture and fashion retailers in South Africa
SPAR UAE has launched a new SPAR Express store in a high footfall area of Abu Dhabi. The newest store is near the city’s Investment Authority Office, surrounded by high-rise apartments and office blocks. Convenience solutions The store offers convenience solutions for on the go as well as top-up daily shopping options. The instore bakery
Zambeef has doubled the price it pays to small-scale farmers for their cattle in the last year, the company has revealed. The rise was triggered by a shortage of cattle in the market due to the 2018/19 drought, increased competition, and a growing demand for meat, explained Zambeef’s Chief Operations Officer Mike Lovett. He was
The Shoprite Group’s own Corporate Communications team won four awards and received a certificate of excellence at the 2021 Africa SABRE Awards for work delivered during the COVID-19 pandemic. The Sabre Awards (an international Award in existence for 7 years, and the Sabre African Awards since 2017) recognise “superior achievement in branding, reputation and engagement” around the world are
DPO South Africa’s MD, Peter Harvey, comments on the Post Office’s court action against PostNet and the South African Express Parcel Association (SAEPA) over the delivery of packages weighing 1kg and less. “There is a strong argument for a robust, well funded and effective Post Office. However, in the absence of that, we must ensure
SA Canegrowers is thrilled to announce a new partnership with Proudly South African (Proudly SA) to encourage consumers to buy local sugar. This partnership promises to give new impetus to the SA Canegrowers’ Home Sweet Home campaign to promote the buying of locally produced sugar. Over the past decade, the sugar industry has faced critical challenges including
