Thursday , June 20 2019
Latest News

Tobacco Industry Players are Participants in Merger with British American Tobacco and Twisp

Two large players in the tobacco industry, Gold Leaf Tobacco and Philip Morris South Africa, have been recognised as participants in the ongoing large merger proceedings involving British American Tobacco and Twisp Gold Leaf Tobacco and Philip Morris South Africa recently applied to the Tribunal for leave to intervene in …

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MACMobile has Launched its New FIELDPromote App

MACMobile, an innovator of niche mobile technology solutions for the Fast-Moving Consumer Goods (FMCG) industry, has launched its new FIELDPromote app which revolutionises the last mile of customer loyalty. FIELDPromote offers a complete, intelligent solution for managing activations from conception to execution and beyond, to ensure maximum return on promotional …

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KOKO Launches First Network in Nairobi

Venture-backed technology company KOKO Networks has launched its first network of 700 “KOKOpoints” inside neighbourhood shops across Nairobi. KOKOpoints are multi-purpose consumer access machines, combining a fuel ATM, an e-commerce kiosk and an in-store digital media experience. KOKO builds technology for life in the world’s fastest-growing cities. The first consumer …

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Stronger Results from Rhodes Food Group as Sales Up 9%

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 …

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PwC: Consumers are Moving Away from Traditional Forms of Entertainment and Media Consumption

· Almost 40% of those surveyed are moving away from consuming entertainment through traditional channels and rather streaming daily or more. · More than 50% of Gen Z consumers are streaming daily or more. · 33% of South African consumers go to social media first to hear about current events. …

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Takealot Launches Nationwide Pickup Points

South Africa’s leading online retailer takealot.com has launched over 25 highly anticipated collection facilities across the country. Its flagship Takealot Pickup Point at the New Road off-ramp in Midrand spans the N1 highway, the busiest highway in Africa, allowing motorists travelling in both directions to easily collect their online orders. …

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Woolworths Successfully Implements Centric PLM

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 …

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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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SPAR Zimbabwe Launches New Online Shop

SPAR Zimbabwe is excited to announce the launch of its new SPAR Online Shop – becoming the first major supermarket in the country to offer such a service. Online shopping, particularly for grocery and food items, is a relatively new concept in Zimbabwe, with much of the population having no …

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Good Value and Customer Choice at Dis-Chem Overcome Strike Impact

Dis-Chem results for the 12 months ended 28 February 2019 Highlights • Group revenue up 10% to R21.4 billion • Headline earnings up 7.4% Midrand, 16 May 2019 – Despite a tough economic environment and prolonged industrial action, which affected almost a third of the financial year, Dis-Chem reported positive …

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