In compliance with section 3.59 (b) of the Lusaka Securities Exchange Limited’s Listings Requirements, the Board of Directors (“the Board”) of Zambeef Products Plc (“the Company”) wishes to announce the resignation of Mr. Danny Museteka as Company Secretary with effect from 1 February, 2021. The Board thanks Mr. Museteka for his valuable contribution to the
The rhetoric of “retail is dead” is incorrect. In fact, retail is advancing at a rapid rate to meet the consumer demands for in-store innovation and service solutions for their shopping requirements in this post-COVID era. This was the view of industry thought leaders who participated in the Fortress Retail Evolution webinar that took place
MediRite now offers the cheapest COVID-19 rapid antibody tests in South Africa. The tests cost just R129.99 each, and are available from the MediRite pharmacies conveniently located in Shoprite and Checkers stores across the country. This low COVID-19 antibody test price point, and the relatively painless and hassle-free nature of the test, make understanding antibody status more
Clinomix® is a zeolite-based feed additive and stock remedy that contains 90% clinoptilolite, a completely natural mineral mined and processed exclusively by Pratley South Africa. Clinomix® effectively reduces acidosis and ammonia levels. Using Clinomix® therefore improves the overall health of sheep, cattle and other ruminants. It is a mycotoxin binder that eliminates 99.9% of deadly
Ticketpro, a leading ticketing company and a member of the Blue Label Telecoms group of companies, has announced that it has added long-distance bus tickets to its portfolio of products and services. “We are very excited to launch and add long-distance bus ticketing to our portfolio – it’s part of our evolution and strategy in
By Mike Smollan, Chief Growth & Innovation Officer, Smollan With the brakes applied in lock-down and a nationwide ban on alcohol spilling over into the New Year, letting your hair down flamed by one’s favourite tipple was turned on its head as spare rooms, car boots and garden sheds were hastily converted as ‘stocking up’
By: Allan Dickson the Independent Chairman at redPanda Software ‘As a retailer, how much should I be spending on IT?’ Although retail decision-makers have been asking this question (with high frequency) for decades, the amplified role of technology in driving sales today has arguably made this question more important than ever before. Without a doubt,
It’s official: Checkers is South Africa’s best grocery store and supermarket brand as voted by readers of The Star in their annual 2020 Star Readers’ Choice Awards. Checkers is known for convenience, quality and freshness and through constant innovation has brought many unique experiences to its customers, including: world-class retail with its new Fresh X stores, such
Continued COVID-19 pandemic lockdown trading restrictions, albeit at reducing levels in the first half of this reporting period, further exacerbated by the onset of the second wave of the pandemic and the resultant implementation of revised Level 3 restrictions in the key trading month of December 2020, curtailed franchised restaurant sales in the six months
Eskom’s loadshedding, alongside an enduring pandemic, have proven a devastating combination, repeatedly destroying historical data, and demanding an (artificial intelligence) solution to predict the unpredictable. The past year has been shaped by the pandemic. The uncertainty has influenced how organisations approach day-to-day forecasting of sales, people and stock, battling to manage fluctuating trading hours due to
SPAR Zimbabwe is delighted to announce the opening of its 39th store, SPAR Marondera, on 16 January. Customers can look forward to a wide range of products and competitive pricing in a modern and bright setting. SPAR Marondera will focus on the SPAR ‘Fresh is Best’ policy, with the highest quality specifications in all sections,
By Lionel de Oliveira, Sales Manager South Africa, Seidor Africa The pharmaceutical industry is faced with a multitude of challenges, including a rapidly changing landscape, competitive pressures, and the supply chain challenges wrought by the global COVID-19 outbreak. With a COVID-19 vaccine likely to be available in early 2021, we can expect even more pressure
True to its proud history of innovation and customer service, Engen has launched an exciting new private label convenience brand, Quickshop & Co. with all products in the range locally sourced and offering good quality at a great price. South Africans have come to expect constant innovation from South Africa’s favourite petrol station* brand, which
Engen’s fast-food convenience offering is flourishing, and Cape Town customers can now enjoy a slice of Andiccio24’s delicious pizza at Engen Sunset Beach Convenience Centre in Milnerton. Engen Sunset Beach operates 24/7 and offers customers a diverse range of convenience services along with and Andiccio24’s gourmet Italian cuisine. Conveniently located in a high traffic area
At the regional Annual General meeting of 2020, SPAR Western Cape, South Africa, announced the winners of its Store of the Year competition. The winning stores were evaluated using an extensive assessment process throughout the year. SPAR Supermarket in Sea Point SPAR Sea Point is the 2020 Store of the Year in the SPAR Western
By: Steven Heilbron: CEO, The Connect Group After a difficult year that saw year-on-year sales fall every month between the start of the hard lockdown and September, South Africa’s retail sector is hoping for a fresh start in 2021. Retail merchants that start the year with access to financing and ready to pursue new opportunities,
Playground to holidaymakers, jetsetters and sunseekers, Camps Bay is renowned for its magnificent location at the foot of the Twelve Apostles mountain range – and now also for having a Starbucks with a one-of-a-kind view. Starbucks Camps Bay offers visitors and locals alike a delicious and wide-ranging ‘something for everyone’ menu, world-class service from the
Starbucks has a brand new café in Stellenbosch, located in the upmarket Checkers FreshX store overlooking Die Braak, the picturesque town square that is flanked by a beautiful Cape Dutch style church and other historical buildings. Starbucks in Stellenbosch is the second store in a Checkers FreshX supermarket, the first having opened in Rosebank Mall
Tap, Tap, Tap and Grow By Karen Nadasen, CEO of PayU, South Africa It has been a year of reckoning: a year that lit a fire beneath online payments in South Africa, transforming eCommerce while creating immense economic pressure. As the global pandemic waged war on government process, merchant sales and consumer behaviour, companies were
PayCentral, a digital payment fintech, has partnered with Mastercard to launch DigiCentral, a secure online platform that provides small business owners with a simple, quick and cost-effective way of paying out incentives, rewards, gifting, corporate expenses and even salaries to their employees through a prepaid virtual card. The virtual card replaces a physical plastic card
A Greener World (AGW) is a new food label for farmers and retailers committed to animal welfare and sustainable livestock production. This meaningful label for meat, milk, eggs, as well as organic and regenerative products guarantees the growing number of green-conscious consumers that products have been produced with real sustainability credentials and conscientiousness. After much
The breach or theft of cardholder’s details can affect an entire payment card ecosystem. Customers suddenly lose trust in merchants or financial institutions and similarly these merchants and financial institutions are subject to numerous financial liabilities and lost credibility. This makes a solid case for the Payment Card Industry Data Security Standard (PCI DSS) compliance
KEY FINANCIAL INDICATORS Revenue R11.3bn, down 23% EBITDA R1bn, down 48% Trading profit R682m, down 56% Operating loss R283m Loss for the year R4.3bn Impairments of R4bn Headline loss of 78cps for continuing operations; headline loss of 88cps for total operations HIGHLIGHTS Operating capability sustained despite significant impact of COVID-19 R1.1bn cash generated from operations
Nestlé today announced the Skimmelkrans Net Zero Carbon Emissions Project: an ambition to create the company’s first carbon neutral dairy farm, located in George, South Africa. Nestlé has committed that by 2023, the farm will be carbon net zero. “The Skimmelkrans project is a positive step in our sustainability journey. In the context of yesterday’s global announcement by
For the past eight years, SPAR South Africa has worked with the Mr Price Foundation to empower young South Africans through Jump Start, a successful work readiness programme. The foundation addresses the problem of youth unemployment, one of the country’s biggest challenges. The programme builds a robust talent pipeline for entry-level positions in the retail
Checkers today revealed its new state-of-the-art supermarket at the Rosebank Mall as it continues to introduce more and more customers to a truly world-class shopping experience. The upmarket store offers a number of unique speciality services including: A honey bar offering three unique, local varieties of honey-on-tap, namely Buchu, Lucerne and Spring Hand-stretched, stone baked
SDM Eyewear will continue to distribute top international eyewear brands under the newly named holding company: FrontierCo. This is after SDM’s previous holding company, Busby, went into Voluntary Business Rescue in July this year. SDM has been part of the Busby stable since 1998. Along with the other brands in the group, SDM underwent a
By Allan Dickson, Independent Chairman at redPanda Software In the devastating wake of the global pandemic, companies across industries are grappling with the economic impact – and few more so than the embattled retail sector. Without a doubt, ‘making the numbers’ is rare amidst weaker revenue. This means that there is inevitably a strong focus
While the Black Friday and Cyber Monday weekend may have been a relatively muted affair this year, online merchants have enough time to salvage the last trading quarter if they apply lessons learned and aggressively tackle the festive season, says South Africa’s largest payment service provider, the DPO Group (including PayGate, PayFast and SiD). “The
Through Nomanini’s platform, Nestlé is able to provide much-needed access to sufficient working capital so that retailers can stock a wide range of high-quality products Informal retail Micro, Small and Medium-Sized Enterprises (MSMEs) across the Eastern and Southern Africa Region (ESAR) are set to receive a technological and operational boost for their businesses, thanks to
Lewis Group overcame severe trading restrictions in the first two months of the national COVID-19 lockdown to recover strongly and increase operating profit by 13.6% for the six months to September 2020. Headline earnings per share increased by 9.9% to 236 cents and the board declared an interim dividend of 133 cents per share, 10.8%
Data and airtime top up (81%), clothing (56%) and groceries (54%) top the virtual shopping list in South Africa 68% of people have learnt a new skill such as online banking, cooking, mastering DIY projects, and dancing, while 52% have spent more money on virtual experiences Social media has become an integral platform for connecting
A brand new Builders store is opening its doors at Cresta Shopping Centre on November 26, 2020. The first branch to open within a super-regional mall, Builders Cresta will offer the full Builders Express range of products and services the brand is trusted for including a garden centre and a paint tinting and mixing counter.
Huawei has integrated Zapper into its Huawei Pay offering allowing millions of South African mobile phone owners to scan and pay using QR codes. The new partnership forms part of Zapper’s ongoing initiative to partner with the greater payment ecosystem. Huawei is South Africa’s second largest mobile phone vendor with a 29.1% market share as
PAXI, the affordable counter-to-counter parcel service which allows its customers to send, collect, and return parcels in a safe, convenient and affordable way, has experienced exceptional growth since its launch in 2018 by leveraging the extensive Pepkor store footprint. PAXI now has over 2 100 parcel service points countrywide through the Pep store network and
South Africa’s SPAR Group has reported a turnover increase of 13.5% to R124.3 billion (€6.79 billion) for the year ended 30 September 2020. The group’s extraordinary performance comes as consumers supported SPAR’s local and trusted retailers during this time of crisis. The group represents SPAR business in Southern Africa, Ireland, Switzerland, and Poland. The group
RFG reported a resilient performance in the year to September 2020 as turnover increased by 8.3% to R5.9 billion, despite COVID-19 impacting sales and profitability in the fruit juice and pie categories, and severely curtailing exports to China. The Western-Cape based food producer, which owns market-leading brands Rhodes, Bull Brand, Magpie, Squish, Bisto, Hinds and
Standard Bank Instant Money has partnered with some of South Africa’s major retailers and selected spaza shops; growing its footprint to over 15 000 cash out points nationwide. “Innovation and access to financial services is crucial for Standard Bank and that is why we have expanded our retailer footprint to offer our customers more options for
Clive Potter, Global Head of Consumer Client Coverage, and Ishmael Mohamed, Sector Analyst for Consumer Client Coverage, at Standard Bank Group Traditional retailers in South Africa can no longer defer their omnichannel sales strategies, with the COVID-19 pandemic having significantly accelerated the shift to online shopping. Omnichannel retail refers to sales and consumer interactions that
The annual MTN Business App of the Year Awards, which took place virtually last month for the first time, celebrates the very best of South Africa’s app development talent. The winner of the Best South African Solution for 2020 is BOTTLES, an app that provides a delivery service not only for your groceries, but also
Checkers Sixty60 picked up a gold award in the Service Design category at the 2020 Loerie Awards. Sixty60, the first one hour grocery delivery service from a South African supermarket chain, also recently won at the 2020 MTN Business App of the Year Awards and the 2020 BCX Digital Innovation Awards. “We are thrilled to have won a gold Loerie
Spur Corporation has reported a sharp decline in sales and profitability as the COVID-19 lockdown adversely impacted trading in the last four months of the financial year to June 2020. After restaurant sales increased by 6.0% in South Africa and 4.0% in the international operations in the eight months to February 2020, sales declined dramatically
The New House of Busby received approval from 91% of its creditors in support of its business rescue plan scripted and executed by Hans Klopper and Dawie van der Merwe of BDO Business Restructuring. The company will now be rebranded to FrontierCo and its Head Office has relocated from Germiston to George in the Southern
Checkers Sixty60 has won the 2020 BCX Digital Innovation Awards, which recognises excellence in digital innovation in the corporate category. Sixty60, the first 60-minute grocery delivery service from a South African supermarket chain, also recently won the People’s Choice Award and the Best Enterprise Solution at the 2020 MTN Business App of the Year Awards. These awards recognise
The no-frills guide to what South African shoppers are doing online The South African e-Commerce industry has experienced a massive boom in 2020. Accelerated by the COVID-19 pandemic, Rand Merchant Bank estimates that the value of e-commerce transactions in South Africa will surge 150% to R225 billion by 2025. To better understand South Africa’s online
The COVID-19 pandemic continues to take a serious toll on shopper behaviour not only from a decline in spending but also in how they shop. With social distancing restrictions, a possible second wave of infections, and adaptations to new lifestyles, the crisis is driving more traffic to South African eCommerce merchants than before. To help
The age of the mall is waning. The phrase that sends property fund managers into a cold sweat. But it’s not just the lower foot traffic as a result of COVID that is to blame for the pressure on brick-and-mortar stores. Businesses which have refused to embrace the benefits of omnichannel retailing are sacrificing the
Shoprite was voted the Best Convenience and Grocery Store of the Decade in the 22nd annual Sunday Times Top Brands survey. “This acknowledgement is testament to us continually striving to better serve our customers and staying true to our dedication to bring them lower prices they can trust, always. It is a wonderful recognition during
Polyoak Packaging is a leading plastic packaging specialist in the design and manufacture of recyclable bottles and closures, tubs, drums and buckets for food, beverage and industrial applications. Our extensive distribution network with over 30 manufacturing plants across South Africa, Namibia, Zimbabwe and Swaziland underpins our excellent customer service. As a proudly South African company,
United Exports has been reliably informed that the Dutch Customs Authority has intercepted and seized another shipment of fresh blueberries from South African grower, Ross Berries (Pty) Ltd. The 40ft reefer container containing a 16,600 kilogram (16,6 tonne) shipment of fruit was confiscated in terms of the European Union’s Intellectual Property, Counterfeit and Piracy Regulations.
