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Commission Recommends Naspers Purchase of WeBuyCars be Prohibited

The Commission has recommended to Competition Tribunal (Tribunal) that the proposed acquisition of WeBuyCars (Pty) Ltd (WeBuyCars) by MIH eCommerce Holdings (Pty) Ltd (MIH eCommerce), an entity of the Naspers Group, be prohibited. MIH eCommerce wishes to acquire 60% of WeBuyCars. MIH eCommerce is mainly an investment holding company and …

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Woolworths and Dept. of Trade and Industry Launch the Largest Food Manufacturing Facility in Southern Hemisphere

Zyda Rylands, CEO of Woolworths South Africa, together with the Department of Trade and Industry (‘the dti’) and the Gauteng Provincial Government officially opened the doors of In2food’s new 22 700m² food production facility in the OR Tambo Special Economic Zone in Johannesburg. As the largest and most diverse ultra-fresh …

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Massmart Recognises Nestlé For Industry-leading Commitment To Environmental Sustainability

Massmart is pleased to announce that Nestlé was today awarded top honours at the Massmart Supplier Environmental Awards. Now in their fifth year, the awards recognise top performing suppliers who have demonstrated an industry leading commitment to sustainable supply chain management. Massmart Sustainability Executive Alexander Haw says “Nestlé’s Zero Water …

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Woolworths, Sustainability Institute and Spier Launch Community Learning Farm

Woolworths has joined hands with its supplier, Spier wine farm; the Sustainability Institute and its AgroEcology Academy to launch the Living Soils Community Learning Farm, in the Lynedoch valley of the Stellenbosch Winelands. The partners have agreed to a three-year pilot project that aims to establish a learning farm that …

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Explore the Future of Retail at Digital Retail Forum 2019

        JOHANNESBURG, GAUTENG, SOUTH AFRICA, January 16, 2019 — There is so much more in store for the African retail industry. According to research conducted by PWC, many sub-Saharan African countries have emerged among the world’s fastest-growing economies. This kind of development is due, in part, to a …

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Kenya’s Milk Production Rises 6.7% on Favourable Weather Conditions

Kenya has recorded a 6.78% increase in milk production between the months of January 2018 to October 2018 as compared to last year attributed to favourable weather conditions during the period under review, reports Business Daily. This is equivalent to an increase to 517.6 million liters from 484.3 million liters …

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Pick n Pay Pilots Eco-friendly Bags on International Plastic Bag Free Day

Pick n Pay is experimenting with compostable bags as an environmentally friendly alternative to plastic bags. To mark International Plastic Bag Free Day and as part of its efforts to reduce plastic waste, the retailer performed a one-day trial at its V&A Waterfront store to gauge customer reaction. The trial …

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Meet the SACSC’s New President

The South African Council of Shopping Centres (SACSC) has a new president – property sector stalwart Stephan le Roux. Le Roux has more than three decades of experience in the various aspects of the property and retail industry. After studying and achieving degrees in accountancy and architecture, the property industry …

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Plans to Develop Security Standard for Payment Acceptance on Merchant COTS Devices

PCI SSC is in the beginning stages of developing a security standard for accepting contactless payments on a merchant’s commercial off-the-shelf (COTS) phone or tablet. Here we talk with PCI SSC Chief Technology Officer Troy Leach to learn more about this new initiative. Why is PCI SSC developing a standard …

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