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Steinhoff continues hunt – to buy Tekkie Town for undisclosed fee
by Liezel Hill (Bloomberg) – Steinhoff International Holdings NV said it sees further opportunities for growth in its main markets as the acquisitive South African clothing and furniture retailer...
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Steinhoff raising $2.7bn in fresh sale of shares to help fund acquisitions.
By John Bowker (Bloomberg) — Steinhoff International Holdings NV plans to raise as much as 2.4 billion euros ($2.7 billion) by selling shares to repay money that the South African furniture and...
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Maya Fisher-French: It takes a couple of million to raise a child
What does it take to raise a child to adulthood? Lots of love and care, and about R2-million, most of which will be spent on clothing and education. Now’s the time to start saving. By Maya...
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Woolworths maintains divi – H1 earnings slide 4.3%
From Fin24 Cape Town – Woolworths [JSE:WHL] said it will maintain its dividend payout for the 26 weeks ended 25 December, as it announced a 4.3% drop in headline earnings per share on Thursday. While...
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Here’s why inflation headlines won’t push BoE to raise UK interest rates.
You really have to look beyond media headlines to understand statistical releases, the UK’s latest inflation numbers being a case in point. Reporters (and their editors) automatically grab for the most...
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Woolworths slides into full year loss territory after David Jones impairment,...
By Vernon Wessels (Bloomberg) – Woolworths Holdings Ltd., South Africa’s largest clothing and food retailer, said charges related to its struggling Australian business will result in a full-year loss,...
View ArticleDA stunned by Minister Patel’s ‘Alice in Wonderland’ lockdown clothing list
Democratic Alliance media statement: The Democratic Alliance (DA) is stunned by the bizarre and extraordinary clothing list that has been gazetted by Trade, Industry and Competition Minister, Ebrahim...
View ArticleBizBriefing: Mboweni to fight public servants on pay; SA introduces booze...
* South Africa can’t implement a pay deal with public servants because it would precipitate a fiscal crisis, Finance Minister Tito Mboweni said. The government and labor unions will square off in the...
View ArticleTruworths weathers the storm to declare interim dividend
Truworths SENS announcement: Truworths International is an investment holding and management company listed on the JSE and the Namibian Stock Exchange. Its principal trading entities, Truworths and...
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Small local clothing manufacturer turns into one of Woolworths’ great finds
*This article is brought to you by Woolworths, committed to making a difference for our people and our planet. The business started from humble beginnings in 1998 with Lance and his wife Georgina, both...
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