Shoprite, which also owns Checkers and OK, says January sales of its Back to School essentials showed “healthy growth”. Source: This Christmas, parents bought more school stationery than toys for the first time ever, says Shoprite
Steinhoff and Christo Wiese are to emerge as the outright controlling shareholders of Shoprite after Shoprite shareholders’ backed the repurchase of 8.7-million shares from former CEO Whitey Basson. Source: New era at Shoprite as Wiese and Steinhoff take full control
The fishing company, controlled by empowerment group Brimstone, says strong demand for its shares prompted a decision to increase the offer size to investors Source: Sea Harvest offering attracts strong demand
South African fishing company Sea Harvest will raise as much as R1.3-billion ($100-million) in a stock market flotation that values the company at R3.4-billion, it said on Monday. Source: Sea Harvest to raise up to R1.3bn in Johannesburg IPO
Poultry producer says that in the absence of increased government protection it has been forced to close its abattoir in Mahikeng Source: Country Bird blames EU imports for closure of local plant
The South African Poultry Association estimates without chicken imports the industry could create up to 50,000 jobs Source: Poultry association seeks import protection to save industry
Anheuser-Busch InBev executives forfeit payouts after disappointing 2016 financial results and 5% drop in volumes Source: AB InBev cans bonuses
Food and fisheries company Premier Food and Fishing on Thursday listed in the Farming, Fishing and Plantations sector of the JSE. Source: Premier Food and Fishing lists on JSE
The Competition Commission has referred a cartel case against Unilever South Africa and Sime Darby Hudson Knight to the Competition Tribunal for prosecution, for the alleged division of markets in the bakery and cooking products sector in South Africa. Source: Commission refers Unilever, Sime Darby to tribunal for alleged cartel conduct
The quality of the 2017 grape harvest at Lourensford Estate is exceptional despite the impact of the ongoing drought in the Western Cape and the raging fires that swept through the Helderberg Mountains in January 2017, doing extensive damage to historic farms in Somerset West. Source: Harvest excites Lourensford despite drought and fires - Cape [...]
