South Africa's largest retailer in terms of market capitalisation, turnover and employees, Shoprite has published its integrated annual report for 2022, highlighting its remuneration structure.
The ongoing strike at Transnet that has crippled South Africa's export capacity will have a massive impact on the economy, even if it comes to an end.
The co-chairman of the Consumer Goods Council of South Africa (CGCSA) Gareth Ackerman says that the private sector can no longer wait for the government to solve the country’s worsening infrastructure crisis because the state is failing to deliver.
Shares in retailer Pick n Pay surged nearly 7% in trade on Monday after the group said it expects to report strong earnings growth.
BusinessTech looked at the most recent annual financial reports and compared the country's five biggest listed retailers on 10 key metrics – from financial performance to investment and reach.
Retailer Woolworths says it plans significant reinvestment into its South African business, particularly in digital and data, with a further R8 billion of capex scheduled over the next three years.
Pick n Pay has migrated its IT infrastructure to Amazon Web Services (AWS), giving the group a huge boost to its online capacity and expanding its abilities to deliver in peak periods like Black Friday and the festive season.
Retailer Pick n Pay on Monday (15 August), launched a major new supermarket brand: Pick n Pay QualiSave, aimed at middle-market shoppers.
BusinessTech looks at the premium brands on offer from Checkers and Pick n Pay, and how they compare to Woolworths Food.
Professional services group Deloitte has published its annual Global Powers of Retail report for 2022, ranking the 250 biggest retail groups across the world – including five from South Africa.
© 2022, Instive. All rights reserved
