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Woolworths. Picture: JAMES OATWAY

Woolworths to conserve cash as growth slows

Retailer warns rising interest rates will further pressure South African consumers

South African consumers say SA in recession, according to survey

Picture: THINKSTOCK

Of those surveyed, 83% said they had changed their spending patterns due to economic woes, and spent less on takeaways, new clothes and home entertainment

Groceries sector needs fewer walls

The South African supermarket industry remains concentrated, with large, well-known names dominating this space. Picture: SUNDAY TIMES

Consumers and suppliers benefit greatly from vigorous competition between grocery retailers, write Reena Das Nair and Shingie Chisoro

Smaller two of the big four brewers scramble to up their game

DEBT BREWING: AB InBev agreed to buy SABMiller in October for about $110bn. Picture: REUTERS

Heineken has a 16.5% reported operating margin and Carlsberg 12.9%, compared with Anheuser-Busch InBev’s 31.9% and SABMiller’s 20.3%

Spar increases 18-week sales to end-January by 14.1%

Shoppers at a Spar outlet in Rustenburg, North West. Picture: MARTIN RHODES

The increase brought total sales to R24.5bn for the period, and group sales in SA rose 8.4% with ‘internally measured’ inflation amounting to 3.9%


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