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Retailer News
Government explains why it banned the sale of hot foods during South Africa’s lockdown
Minister of Cooperative Governance and Traditional Affairs (CoGTA), Nkosazana Dlamini Zuma, has explained government’s decision to ban the sale of ‘hot foods’ during South Africa’s [...]
Clarify the definition of ‘essential’ consumer goods
Confusion around the Disaster Management Act’s regulations governing the sale of essential goods has stirred rigorous debate about what may - or may not - [...]
Shoprite the first retailer to offer contactless QR payments
Shoprite Group customers can now pay for groceries with their phones as the retailer finds new way to keep its stores, customers and employees safe [...]
Company Updates
Economic slowdown drives beverage innovation among bottom-end retailers
Like so many other sectors, the South African beverage market has not escaped the effects of the country's economic slowdown. In 2015/16, it experienced just 1.6% [...]
Whitey Basson joins Clover Industries as strengthened board announced
Clover Industries announced the strengthening of its board with key three strategic appointments, which includes the name of former Shoprite chief executive Whitey Basson Source: Whitey [...]
Aspen Pharmacare’s Alula baby-formula gets nod from China
Aspen Pharmacare said on Monday that Chinese authorities had approved registration of its infant milk formula brand, Alula. Source: Aspen Pharmacare’s Alula baby-formula gets nod from [...]
Logicode Media and Economic Updates
Videos
Shoprite and Checkers win recycled product of the year at 2018 PETCO Awards
https://www.youtube.com/watch?v=pgPiO979tbw Shoprite and Checkers were awarded the Recycled Product of the Year at the 2018 PETCO Awards, the South African PET Recycling Company’sannual awards and the industry’s biggest celebration of recycling and waste management excellence.Source: [...]
BUSINESS DAY TV: Retailers concerned about SA’s growth outlook
https://www.youtube.com/watch?v=vZ79iGys4qQ
BUSINESS DAY TV: Out with the crown jewels and in with the food focus
https://www.youtube.com/watch?v=pJuZ1WBHTV8
Economic Updates
Food prices skyrocket. Justice group slams economic policy
Food prices in five supermarkets have skyrocketed, painting a gloomy picture for poor families who were not able to afford enough nutritious food even before the impact of the [...]
South Africans are spending less on their weekly shopping trip
South African shoppers are spending less, but are still stretching their wallets, according to Tiger Brand’s interim report for the six months ending March 2019. Source: South Africans are [...]
Poultry producer Astral wants chicken to be VAT free
Chicken should be exempt from value-added tax (VAT), poultry producer Astral said in a media release on Thursday. The increase in VAT to 15% in April from the 14% it [...]
Sugar tax may be first of several ‘health promotion’ measures
The introduction of the euphemistically called ‘health promotion tax’ – a tax on sugary drinks – is expected to generate around R2 billion in tax revenue. The tax becomes [...]
19 food items you will not pay VAT for
As of April 1, 2018, value added tax (VAT) will increase to 15% which will add growing pressure to household’s. Source: 19 food items you will not pay VAT [...]
Economic slowdown drives beverage innovation among bottom-end retailers
Like so many other sectors, the South African beverage market has not escaped the effects of the country's economic slowdown. In 2015/16, it experienced just 1.6% volume growth, compared to [...]
The most valuable company in history
Infographic shows the most valuable company in history, by the numbers. Source: The most valuable company in history
Logicode Industry News
These are the hottest products in demand in SA stores – including hair dye and bleach
South Africa’s lockdown has led to some interesting retail trends - like a spike in the sale of non-alcoholic beverages, and pineapples - but there have been several other [...]
Shaken by the coronavirus, consumers will be hesitant to spend – and harder to convince
After more than a month cooped up in their houses, and with many people worried about their financial stability after the lockdown ends, companies should expect consumers to be [...]
Spar has a new way of packaging its chicken – it stays fresh for longer and uses less plastic
Retailer Spar says it is using a new innovative packaging for its chicken that can extend shelf life, reduce food wastage and at the same time reduce the amount [...]
Ten ways in which retail and the food and beverage industry will change in a post-Covid world
Four weeks ago, it was business as usual. Three weeks ago, it became business unusual. Two weeks ago, the national lockdown gutted a n entire industry and everything we [...]