The Foschini Group says that while demand is high, approval rates for new credit are down.
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France strong-arms big food companies into cutting pricesFrench shoppers should pay less for their food from next month, finance minister Bruno Le Maire said on Friday, after he secured a pledge from 75 top food companies to cut prices on hundreds of products.
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'Pretty dreadful': SA close to rock bottom, says Foschini owner TFG - but the only way is up | BusinessFoschini owner TFG believes SA is close to 'rock bottom' as far as its energy crisis and other structural problems are concerned, with the retailer hopeful of seeing some improvements at power utility Eskom over the next year. | News24_Business
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ARC Investments sees opportunities despite bleak economyThe empowered investment group says several of its portfolio companies are holding up despite SA’s tough conditions including power cuts
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The Joburg suburb vying to be the ‘new Sandton’Rosebank in Northern Johannesburg is on the up, according to Johann du Plessis from Feenstra Group,
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OECD urges Reserve Bank to stay the course in reining in inflationWidespread power cuts will keep increasing consumer prices, Paris-based group says in its economic outlook
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When corruption is enough to make you sickControversial “tenderpreneur” Edwin Sodi typifies the dominant BEE model, whereby government contracts are repeatedly given to politically-connected companies without capacity, who often fail to provide services or do so through front companies, writes William Gumede.
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