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Woolworths buys back African franchises
Woolworths buys back African franchises

Woolworths said on Tuesday, 5 November, that it had signed agreements to purchase its franchise businesses in Botswana‚ Namibia‚ Swaziland and Ghana.

By Zeenat Moorad 6 Nov 2013 10:46

Famous Brands half-year earnings up 20% to 180c
Famous Brands half-year earnings up 20% to 180c

Fast food group Famous Brands reported a 20% increase in headline earnings per share to 180c for the six months to August.

29 Oct 2013 10:34

Shoprite turnover up 10.2% for September quarter
Shoprite turnover up 10.2% for September quarter

Shoprite Holdings‚ Africa's biggest retail group‚ reported that its turnover had increased by 10.2% in the three months to September.

29 Oct 2013 09:59

Distell sees cider as means to quench thirst for growth in Africa
Distell sees cider as means to quench thirst for growth in Africa

After two major acquisitions in international cognac and whisky brands‚ Stellenbosch-based liquor group Distell will now be prioritising the global growth of its highly-profitable cider brands.

By Marc Hasenfuss 18 Oct 2013 09:56

Premier buys Li-Lets to get other FMCG categories says Brait
Premier buys Li-Lets to get other FMCG categories says Brait

The purchase of feminine hygiene brand Lil-Lets Group by Brait company Premier Foods is part of a broader strategy to expand Premier across other fast-moving consumer goods (FMCG) categories according to Brait director Sean Dougherty.

By Nick Hedley 14 Oct 2013 08:02

Quick meals for Africa
Quick meals for Africa

In SA, Famous Brands produces 265,000 cups of specially blended coffee a day. With 2,175 restaurants, the company, whose brands include Wimpy, Steers and Mugg & Bean, also makes 77m ice-cream cones a year. It's the big daddy of SA franchising, with a R9,7bn market capitalisation, and it wants to repeat its local success in the rest of Africa.

By Zeenat Moorad 16 Sep 2013 09:21

Crunch time for fruit exports
Crunch time for fruit exports

After 23 years in SA's R6bn fruit industry, many of them as managing director of Tru-Cape Fruit Marketing - SA's biggest producer of apples and pears - Charles Hughes is retiring without having fulfilled his ambition of gaining access to China's vast market. He blames it on the SA government.

16 Sep 2013 08:59

SA's 'cruel' livestock exports under fire
SA's 'cruel' livestock exports under fire

A ship carrying 3,500 head of cattle, goats and sheep will leave the country on Tuesday (10 September) for the island paradise of Mauritius - and the slaughterhouse - despite an outcry over "inhumane" livestock exports.

10 Sep 2013 06:17

Spurred by 35.3% earnings growth
Spurred by 35.3% earnings growth

Franchise restaurant group Spur Corporation last week reported diluted headline earnings per share of 89.91c for the six months ended December‚ up 35.3% from the previous period.

11 Mar 2013 06:59

GM restructures African business, seeking growth
GM restructures African business, seeking growth

General Motors (GM) has announced a new strategy for African business, which it hopes will allow GM to capitalise on the growing opportunities around the continent.

By Michael Bratt 23 Nov 2010 12:36

Game still in the pink of health
Game still in the pink of health

Game Stores has come a long way since it opened its first store in Durban in 1970 in cramped premises in the city's CBD, ringing up sales of R78 000 in its first month of trading. Its founders believed that shopping had become a tedious and boring pastime. They wanted to create a fun shopping environment and so conceptualised retailing as a game. The signature bright pink prevails to this day.

19 Jul 2010 08:43

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