Despite the short-term boost provided, the outlook for Massmart and Shoprite remains murky Source: Little hope in sight for SA’s retail sector

The company had to impair R142m of plant and equipment related to the decision to reduce commodity chicken volumes Source: Dumping of chicken hit group’s performance, says RCL Foods CEO

Liquor conglomerate Distell has its eye on game changers in the industry Source: Why Distell toasts acquisitions

CEO Guy Hayward says over the next two years the group’s African footprint will be increased by 25% https://www.youtube.com/watch?v=AUz0PeIRLRk Source: Why Massmart’s share price surged

South African retailer Massmart reported an almost 16% rise in full-year profit on Thursday, as the firm controlled costs and closed some of its less profitable stores in a tough economic environment. Source: Massmart reports 16% jump in FY profit

Rothmans appears to be the group’s best-performing brand, increasing volumes sold almost 37% driven by sales in Russia, Italy and Nigeria, among others Source: BAT sells more cigarettes in 2017 driven by Rothmans’ brand appeal

Africa’s second-largest retailer manages to fend off tough trading conditions in the year to end-December with tight cost control Source: Cost control keeps Massmart buoyant

Each of JSE-listed Adcock Ingram’s business units had posted “solid performances” in the six months to December 31, achieving good growth in turnover and good cost control. Source: Adcock Ingram geared for growth after positive H1 results

South African consumers of sugar-sweetened drinks are set to feel the impact of the proposed sugar tax later this year as the relevant legislation is finalised for Parliamentary approval. Source: Government to proceed with introducing a sugar tax