Latest News

Clicks Group to Acquire Sorbet Beauty Salons

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 …

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Shoprite Group Operational Update for the Quarter Ended September 2022

This voluntary announcement is issued in conjunction with the Shoprite Holdings Annual General Meeting and serves to update shareholders on the Group’s first quarter period ended September 20220(“the first quarter”, “the period”). The Group Increased sales for the first quarter by 18.6%. Excluding RSA LiquorShop, the Group increased sales by …

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Woolworths Holdings to List on A2X

Leading South African retailer Woolworths Holdings Limited (WHL) will list their shares for trade on A2X Markets (A2X) from 2 December 2022. WHL will retain its primary listing on the Johannesburg Stock Exchange (JSE) and its issued share capital will be unaffected by its secondary listing on A2X. A2X is a licensed stock …

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Customers Can Expect ‘Smart Changes’ at Pick n Pay this Black Friday

Pick n Pay will deliver its biggest and strongest Black Friday deals as it moves to offer deals perfectly suited to its customers under its two supermarket brands and growing online presence. Added into the offering this year will be deals offered by its new homeware online shop. Black Friday …

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Nestlé Partners With Africa Food Prize to Strengthen Food Security and Climate Change Resilience

Nestlé announced today that it is partnering with the Africa Food Prize to help accelerate the transformation of food systems in Africa, as a way of strengthening the continent’s food security and building greater climate change resilience. The Africa Food Prize awards USD 100,000 to individuals and institutions that are …

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Pick n Pay Launches Online Homeware Store

Pick n Pay Home offers new and exclusive online-only products and customers get an impressive new Smart Shopper benefit Customers across South Africa will now be able to shop online at a brand-new Pick n Pay Home shop for a range of exciting new products that will only be available online. The …

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Jumia Announces Leadership Changes to Support its Journey Towards Profitability

New leadership appointed with a plan focused on path to profitability and e-commerce fundamentals Jumia Technologies AG (NYSE: JMIA) (“Jumia” or “the Company”) today announced the appointment of a new Management Board and Acting CEO, while Jeremy Hodara and Sacha Poignonnec, Co-CEOs, will be stepping down effective today. The Supervisory …

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Checkers Rolls Out New Trolleys Made From Hundreds of Recycled Milk Bottles

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 …

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Nielsen FanLinks Connects Fans With Brands

Tapping into the value of the South African sports fan market, Nielsen Sports has announced the launch of its latest offering FanLinks, which combines purchase behaviour of South African households with their interest across sports and entertainment, offering a new way of identifying the brands sports fans are buying. Since …

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It’s All Systems Go for Black Friday: The Shoprite Group Gears Up for Shopping Event of the Year

Customers can rest assured, there will be no crashing trolleys, apps or e-commerce platforms this Black Friday at the Shoprite Group. The world’s biggest shopping event is around the corner and the Group has all systems ready for action ahead of this retail extravaganza. The Group continues to explore innovations that are …

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