Woolworths is pleased to announce the official launch of its first intake of candidates from the Youth Employment Services (YES) programme, a government-led partnership with business, labour and civil society which aims to empower one million young South Africans by offering paid, quality work experience. Through the YES programme, Woolworths will recruit approximately 450 learners

Restaurant franchise group Spur Corporation has entered into an agreement to acquire the 10% stake in the company sold to Grand Parade Investments (GPI) in 2014. The value of the transaction is R260 million, equating to R24.00 per share. Spur Corporation concluded a broad-based black economic empowerment transaction with the black owned and controlled GPI

Rhodes Food Group has received the award for the Best Reporting and Communications in the consumer products sector in the annual Investment Analysts Society of South Africa (IASSA) awards for excellence in financial reporting and communications. The awards are voted by members of the IASSA who are the country’s investment decisionmakers and recognise the standard

Edcon, South Africa’s largest non-food retailer, made a commitment in 2016 to a localised cotton initiative – from “farm to shelf” – by participating in the Sustainable Cotton Cluster (SCC). What started as a pilot project with a commitment of 600 tons of cotton lint from South African cotton farmers has now grown to a

Lewis Group has reported the continued turnaround in the performance of its traditional retail brands in the year to March 2019, with strong merchandise sales growth and the early benefits of its diversification strategy driving headline earnings per share 24.3% higher to 376 cents. The group’s total dividend has been increased by 17% to 234

Rhodes Food Group Holdings (RFG) reported an improving performance for the six months to March 2019 as turnover increased by 9.3% to R2.7 billion and operating profit by 6% to R173 million. Headline earnings recovered to increase by 2.1% to R84 million. The Western Cape-based food producer, which owns market-leading brands Rhodes, Bull Brand, Magpie,

Woolworths Proprietary Limited, a leading South African retail chain, has successfully implemented Centric Software’s Product Lifecycle Management (PLM) solution. Centric Software provides the most innovative enterprise solutions to fashion, retail, footwear, outdoor, luxury and consumer goods companies to achieve strategic and operational digital transformation goals. Woolworths South Africa, part of Woolworths Holdings Limited, is a

Rhodes Food Group is a producer of fresh, frozen and long life convenience meal solutions for customers and consumers across South Africa, sub-Saharan Africa and in major global markets. The portfolio of market leading brands, which includes Rhodes, Bull Brand, Magpie, Squish, Bisto, Hinds and Pakco, is complemented by private label product ranges packed for

Mr Price Group has been approved for a secondary listing on A2X Markets and its shares will be available for trade on A2X from 2 May 2019. Mr Price retains its listings on the JSE and its issued share capital will be unaffected by its secondary listing on A2X. There is no cost, risk, or

Cape Town-based redPanda Software and PCMS, one of the world’s leading point-of-sale software companies, have announced the extension of their partnership by adding sales and implementation to redPanda Software’s existing development role. “PCMS is on an ambitious growth path for 2019, including a much stronger focus on building our client base outside Europe and the

The Commission has taken a decision to recommend to the Competition Tribunal (Tribunal) that the proposed acquisition of Edgars Consolidated Stores Limited (ECSL) by New HoldCo (New HoldCo) be approved subject to conditions. The Commission found that the proposed transaction was unlikely to result in a substantial prevention or lessening of competition in the relevant

In a move to stimulate the South African economy, create employment and spearhead its technological advancements in-country, DEFY, a subsidiary of Arcelik Global, has invested >R1bn in upgrading three local production centres to serve as their strategic manufacturing hub. Fundamental to this endeavour is an investment of R130 million at the Jacobs factory located in

Pick n Pay follows a 52-week retail financial calendar, which requires the inclusion of an additional week every six years. The 2019 financial year is a 53-week period, and its results are not directly comparable with 2018. Additional pro forma financial information was provided on an equivalent 52-week basis, to assist stakeholders with their assessment