Retail powerhouses face unprecedented competition as South African market shifts

Loading player...

Retail analyst Evan Walker discussed with BizNews host Alec Hogg the challenges facing South African retailer Pick n Pay, Shoprite's market dominance, and the success of Clicks' loyalty program. He also highlighted competition from Chinese e-commerce platforms like Shein and potential impacts of Amazon's arrival in the local market.

25 Oct 2024 5AM English South Africa Investing · Business News

Other recent episodes

Chris Hattingh: How “Rudderless” Defence force leaves SA “exposed”

State-owned Denel is “standing naked in the US courts” after being sued by a US company for non-delivery of jets. Armscor is “struggling”. The SA defence sector is “in tatters”. The SANDF is “rudderless…and in free fall”. Such is the crisis in the Defence Force that Chris Hattingh, the Democratic…

28 Aug 7AM 18 min

BN Briefing: SA wins in buy:R7.2bn, sell:R1 deal; Tshwane smoking gun; Public in gold, bitcoin hedge

In Today's BizNews Briefing, South Africa’s “Boere Buffett” Jannie Mouton leaves a R7bn legacy by turning Curro into a non-profit. Tshwane’s corruption scandals deepen as Cilliers Brink speaks out, while Denel’s mismanagement haunts taxpayers. Peter Major unpacks gold’s explosive run, the FT highlights Bitcoin’s role in collapsing Venezuela, and corporate…

28 Aug 7AM 29 min

How to navigate tightening global education visa landscape – Sable International’s Brent Morris

Studying abroad is becoming more complex for South African students as visa rules tighten, and compliance thresholds rise. Brent Morris from Sable International told BizNews that UK institutions now risk losing their licence to sponsor international students if over 5% of visa applications are rejected. He said, while the UK…

27 Aug 11AM 20 min

“Boere Buffett’s” gift to SA: Mouton’s R7.2bn injection will turn 189-school Curro into a non-profit

In a landmark act of philanthropy, “Boere Buffett” Jannie Mouton’s foundation is buying out Curro’s minority shareholders for R7.2 billion, converting the 189-school group into a non-profit. The Jannie Mouton Foundation will own Curro outright, reinvesting all profits into bursaries and new schools for underprivileged children. It’s the biggest private…

27 Aug 11AM 21 min

Miningweb weekly with Peter Major featuring gold’s rocket fuel, Trump’s critical minerals and more

In this episode of Miningweb Weekly, Peter Major discusses the resurgence of global mining, the impact of critical minerals, and South Africa's complex investment climate. From Rio Tinto’s exit plans to potash's new strategic status, Major offers sharp insights into the forces shaping the sector - and why now might…

27 Aug 10AM 44 min

All episodes