The flag carrier has vowed to re-accommodate passengers after it cancelled flights to save cash.

  • Poverty Cycle

    South Africans are struggling to escape poverty due to low levels of social mobility, says the WEF.

  • Slowdown

    The International Monetary Fund has revised SA's growth outlook for 2020 down to just 0.8%.


Search Results: retailer


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Retail 2020-01-19 08:00

Seven of the top 30 economies whose retail sector showed considerable growth in 2019 were from Africa, however SA did not even get ranked among the 200 economies featured.

Retail 2020-01-17 12:49

Record Black Friday sales helped to offset load shedding woes, the retailer says.

Retail 2020-01-17 08:26

The group says it kept prices unchanged at 2018 levels as part of a strategy to be viewed by consumers as the "people’s value champion".

Companies 2020-01-15 22:11

Retailer Truworths' sales grew by a mere 1.2% to R10.6bn for the 26 weeks ended December 30, 2019, as it faced tough conditions in both Africa and UK markets.

Equities 2020-01-15 19:45

The JSE reversed earlier losses as it advanced to close firmer on Wednesday on the backdrop of improved South African retail sales data for the month of November

Retail 2020-01-15 17:50

RCS has been given the go-ahead by the Competition Tribunal to acquire Edcon's book debt.

Property 2020-01-14 18:20

South African real estate investment trust Liberty Two Degrees says its overall exposure to Massmart is only 2% of its portfolio's gross leasable area.

Retail 2020-01-14 13:37

The retailer's share price jumped on news that a top Levi Strauss executive would be taking over as CEO in mid-February.

Retail 2020-01-14 08:24

Roy Bagattini, the president of Levi Strauss' American operations, has been named the new CEO of Woolworths.

Retail 2020-01-13 12:26

The retailer says it has started consultations with employees about the potential store closures.

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