Municipalities urged to improve services to township, rural malls
Property developers are urging municipalities to improve services to reduce business costs.
China’s economy gathers pace but markets unimpressed
China’s post-Covid recovery is firmly on track, according to a barrage of data on Tuesday. The
Retail trade sales reveal financial pressure facing SA consumers
The latest retail trade sales numbers point to the financial pressure facing consumers under the
More retail companies expected to release their results in February
More retail companies will release their results in the coming month. According to some of the
TFG concludes agreement to buy Jet stores, some approvals pending
South African retailer TFG said on Monday it has concluded an agreement to buy select assets of
Ted Baker posts loss, warns on full-year results
The company, which had earlier flagged an “extremely difficult” start to the year, reported a pretax
Wholesale, retail workers to receive pay increase
Workers in the wholesale and retail sector have been given a 4.5% salary increase backdated to
Weak retail sales numbers expected
Analysts expect to see a weak retail sales numbers as Statistics South Africa prepares to release
South Africa’s retail sales jump as spending on consumer goods rises
South Africa’s retail sales rose in August as household goods, clothing and cosmetics grew, data
South Africa’s Massmart warns H1 profit could fall 26 %
Massmart Holdings expects half-year profits to fall by as much as 26%, the South African retailer
Retail sales data disappointing
After lower business confidence, retail sales data released on Wednesday has also disappointed.
Steinhoff given more breathing space
Steinhoff has won more creditor support to give the South African retailer time to restructure debt
GDP declines to 2% in third quarter
The country’s Gross Domestic Product (GDP) for the third quarter declined to 2% quarter on quarter