Leading retail group Truworths International will list its shares for trade on A2X Markets from 5 December 2022. Truworths will retain its listings on the Johannesburg Stock Exchange (JSE) and Namibian Stock Exchange (NSX) and neither of these listings, nor Truworths’ issued share capital, will be affected by the secondary listing on A2X. Truworths is

ECONOFOODS™ a highly successful provider of frozen and chilled foods plus a wide variety of grocery products has selected leading warehouse management software (WMS) specialist, CQuential Solutions to fulfil its warehouse management needs as it expands its distribution network. ECONOFOODS™ currently has seven distribution centres and twenty-seven retail outlets that span six provinces in South

Health and beauty retailer Clicks Group is to acquire Sorbet Holdings, the owners of the national chain of Sorbet beauty salons, for R105 million. The Sorbet Group is a beauty salon franchise chain of over 190 outlets across South Africa, operating under the Sorbet (all-round beauty therapy), Sorbet Man (men’s grooming) and Candi & Co

Checkers is rolling out new shopping trolley baskets made from 100% recycled plastic – mostly old milk bottles – thereby diverting more than 40 tons of recyclable material from landfill. The retailer’s trolleys have contained at least 35% recycled content since 2018. Now it is the first major South African retailer to have trolley baskets made

The Shoprite Group’s near-term science-based greenhouse-gas (GHG) emission reduction targets have been approved by the Science Based Targets initiative (SBTi). In its Target Validation Report, the SBTi stated it commends the Group’s “ambitious 1.5°C-aligned target, currently the most ambitious designation available through the SBTi process”. The SBTi mobilises companies to set science-based targets. It is a partnership

By Lebo Mothobi-Tilo, Marketing Director, Tetra Pak South Africa In 2019 alone, one third of all food produced globally was lost or wasted. That’s 1.3 billion tons of food worth R18 trillion according to estimates from the FAO (Food and Agriculture Organization). If food loss and waste (FLW) were a country, it would be the

Standard Bank has partnered with Woolworths Holdings Limited to successfully execute the first sustainability-linked transactional deposit structure in South Africa. The transactional deposit structure links the interest Woolworths earns on their deposits to the achievement of Environmental, Social and Governance (ESG) targets. The KPIs and sustainability performance targets (SPTs) agreed between Woolworths and Standard Bank,

The co-chairman of the Consumer Goods Council of South Africa (CGCSA) Gareth Ackerman today said the private sector cannot longer wait for government to solve the country’s worsening infrastructure crisis because the state is failing to deliver. Addressing the annual summit of the CGCSA in Sandton, Ackerman said businesses will have to provide solutions than

Massmart has joined forces with local Fintech, Retail Capital, providing access to funding to small, medium enterprises (SMEs) in South Africa. Retail Capital is one of the country’s leading alternative funders and a leader in Fintech solutions. “There are approximately 2.6 million SMEs in South Africa contributing 34% to GDP, however many still struggle to