Truworths weathers the storm to declare interim dividend
Despite depressed macroeconomic environment in South Africa and the consumer being under pressure, Truworths declared an interim dividend.
Despite depressed macroeconomic environment in South Africa and the consumer being under pressure, Truworths declared an interim dividend.
The government and labour unions will square off in court this week over public servant pay that has surged 51% since 2008.
The Democratic Alliance is stunned by the bizarre and extraordinary clothing list that has been gazetted by Trade, Industry and Competition Minister, Ebrahim Patel.
Woolworths, South Africa’s largest clothing and food retailer, said charges related to its struggling Australian business will result in a full-year loss, its first in at least 16 years.
You really have to look beyond media headlines to understand statistical releases, the UK’s latest inflation numbers being a case in point.
Woolworths will maintain its dividend payout for the 26 weeks ended 25 December, as it announced a 4.3% drop in headline earnings per share.
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.
Steinhoff plans to raise as much as $2.7 billion by selling shares to repay the money it borrowed for recent acquisitions.
Acquisitive South African clothing and furniture retailer Steinhoff has announced its latest purchase and reported a 20 percent rise in full-year profit.
The business started from humble beginnings in 1998, with Lance and his wife Georgina starting a promotional clothing company from their garage with R2 750.