Pep Stores has partnered with non-profit organisation #ImStaying to launch the Lay-by Buddy initiative, designed to offer unsuspecting customers financial reprieve by helping to pay off their lay-bys. 25 Jun 2020
Getty
While the South African furniture manufacturing sector has endured some tough times in recent years, there are still significant financial incentives for high-quality projects. This is the view of two funding specialists who recently addressed furniture manufacturing entrepreneurs and industry stakeholders in a business webinar. 24 Jun 2020
Small Business Development Minister Khumbudzo Ntshavheni says her department has formalised over 2,000 spaza shops during the Covid-19 pandemic. Responding to oral questions in the National Assembly on Tuesday, Ntshavheni said this would assist the newly formalised businesses to build a credit profile, which would make them viable to access financing with banking institutions. 24 Jun 2020
With the economy open for business - albeit under constrained operating regulations - manufacturers are faced with a new set of challenges, including how to predict market demand, achieve optimum productivity, and manage workforces in ways that allow for social distancing and other safety measures. 24 Jun 2020
Fees charged by liquidators and business rescue practitioners, and the impact they can have on bottom line payouts to affected employees, came under the spotlight at Monday's meeting to consider a business rescue model for Edcon. 24 Jun 2020
To relieve some of the pressure on cash-constrained households, Pick n Pay says it will invest R500m to reduce the prices of essential and staple food items. 23 Jun 2020
American multinational confectionery, food, holding and beverage company Mondelez International has announced the appointment of long-term employee Nigel Parsons as the president of sub-Saharan Africa (SSA) operations, and Alisdair Sinclair as managing director, South Africa, effective 1 June 2020. 23 Jun 2020
A new national body, known as the National Liquor Traders Council, has been formed to help transform South Africa's taverns from social hubs into modernised and technology-savvy business enterprises. It will represent the interests of more than 34,500 traders in the country. 23 Jun 2020
Stats released by online payment gateway, PayFast show that Generation Z, aged 18 to 24, is paving the way for innovation in the e-commerce space, with Baby Boomers aged 55 to 64, not far behind. 23 Jun 2020
Image credit: Stocksnap via Pixabay
The South African government has officially gazetted regulations for the newly permitted operation of personal care services (formal and informal), including hairdressing, beauty services and tattoo parlours. 22 Jun 2020
Whilst the global Covid-19 pandemic is having a devastating global impact, the resulting symptoms such as dry cough, fever and respiratory difficulties has been positive for the cough, cold and flu remedies market. Over the past few months, consumers have engaged in panic buying to be better prepared in case of infection, which has boosted sales and the growth of the cough, cold and flu remedies market. 22 Jun 2020
Puma's exploration of sustainable alternatives for producing and dyeing textiles continues in its latest biodesign project Design to Fade. 22 Jun 2020
In the digital age, data is a currency all on its own. The retail sector has lagged in leveraging the value of real time data, due to a number of factors. However, given the current economic climate, they can no longer afford the luxury of remaining in the dark. 22 Jun 2020
Three months after Covid-19 was officially declared a pandemic on 11 March, and with virtually all states having reopened for business to various degrees, shopper intelligence platform Catalina continues to track the profound impact of the global health crisis on buying behavior across the US. 19 Jun 2020
The widespread shift to home deliveries is set to outlast the Covid-19 pandemic. From large retailers and restaurant chains to artisan food producers and small farmers, lockdown in South Africa has seen a surge in online shopping and home delivery ordering, a trend that's expected to turn into a lasting change in consumer behaviour, and this change makes the last mile, which refers to the delivery of a product into the customer's hands, even more critical to customer satisfaction and repeat business. 19 Jun 2020
Across Africa and in partnership with NGOs, Coca-Cola in Africa, its bottling partners, the "Coca-Cola System" and The Coca-Cola Foundation (TCCF), have been deploying a range of resources, including capabilities, funds and products to support governments, communities and local economies in their urgent efforts to contain the spread and impact of the coronavirus since its outbreak on the continent. 19 Jun 2020
The desire for cashless transactions - driven by the ongoing fear of Covid-19 infection - is as prevalent in the informal sector as anywhere else. What is needed is a way to make these a reality. 19 Jun 2020
As businesses strategise over the best way to deal with the Covid-19 pandemic, they cannot afford to lose sight of the importance of sustaining the best customer experience and service quality - and loyalty programmes are central to this. 19 Jun 2020
While discussions and due diligences grind on over the sale of Edcon's crown jewels - Edgars and Jet, management and the business rescue practitioners (BRPs) had no choice but to proceed with the business rescue plan as conceived by joint BRPs Lance Schapiro and Piers Marsden and approved by Edcon creditors in early June. 18 Jun 2020
PepsiCo CEO and chairman Ramon Laguarta announced on Twitter their commitment to doing their part to help dismantle the systemic racial barriers that block social and economic progress for Black people in the US. 17 Jun 2020
Let's do Biz