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CEOs in on Ice Bucket Challenge

Sep 02 2014 17:31

Business leaders are also taking the Ice Bucket Challenge with Woolworths CEO Ian Moir nominating bosses Maria Ramos and Doug Murray.


    Woolworths finalises R9.98bn rights offer

    Sep 02 2014 16:56

    Woolworths has finalised the terms of a rights offer to raise nearly R10bn through 167.8 million new ordinary shares, says the company.


    McDonald’s conducts supplier audits in China

    Sep 02 2014 16:30

    McDonald's will increase the number of audits it conducts of suppliers in China after a food scandal in July dented China sales at US fast food chain.


    Russian restaurant chain hit hard by food bans

    Sep 02 2014 17:00

    Moscow's sweeping sanctions on European and US food have left the supply chain of Rosinter, one of Russia's largest restaurant chains, in tatters.


    JD Group soars on finance unit sale news

    Sep 02 2014 10:16

    The share price of JD Group has jumped more than 5% in early trade after the struggling furniture retailer said it will sell its financing arm.


    Burger King manoeuvres to cut US tax bill

    Sep 02 2014 09:58

    The Burger King rate is 30% lower than the average tax rate it paid in the five years before it was bought in 2010 by private equity group 3G.


    Rhodes aims to raise R600m through listing

    Sep 01 2014 19:32

    Manufacturer of frozen food and prepared meals Rhodes Food says it plans to raise R600m through a listing in Johannesburg.


    Protests against Woolworths Israeli trade

    Sep 01 2014 15:56

    Protests against Woolworths for having Israeli products on its shelves were organised by BDS SA at about 40 locations in SA.


    Foschini produces solid results

    Sep 01 2014 14:45

    The Foschini Group has produced a solid result for the year in a difficult trading environment, says CEO Doug Murray.


    Khanyi Dhlomo pays back NEF loan

    Aug 31 2014 11:01

    Businesswoman Khanyi Dhlomo has paid back a R34.1m NEF loan granted for the establishment of luxury boutique Luminance, the Sunday Times has reported.


    Woolworths plans R10bn rights offer

    Aug 29 2014 14:12

    Woolworths says it plans to raise R10bn through a rights offer to help repay financing for its acquisition of Australia's David Jones



    Tesco slashes profit forecast as trading slumps

    Aug 29 2014 10:45

    Britain retailer Tesco has cut its profit forecast for the third time in three years and slashed its interim dividend by 75% as tough conditions continue.


    Fur fury knows no end

    Aug 28 2014 20:08

    The fur fury seems to know no end, as countless Fin24 users have written in to express their sentiment over a shop in South Africa selling luxury fur.

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