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Picture: Robbie Tshabalala

Edcon asks debt holders to take a haircut

Embattled clothing retailer asks holders of 2019 bonds to take loss on investment as company attempts to shore up its finances

Steinhoff updates on German listing

Frankfurt stock exchange. Picture:  REUTERS

Steinhoff plans secondary listing in Frankfurt for the fourth quarter and announces it has raised its stake in PSG to just above 25%

Latin America in SABMiller sights

Picture: FINANCIAL MAIL

World’s second-biggest brewer by volume to expand its beer range in Latin America, says Karl Lippert, president of the company’s unit in that region

Makro teams up with Sasol, McDonalds to bring ‘pick-up lockers’ concept to SA

Makro partnering with Sasol and McDonald’s for the roll-out of the

Makro partners with Sasol and McDonald’s for roll-out of ‘pick-up lockers’ concept at selected Sasol petrol stations and McDonald’s fast food outlets

H&M latest in slew of brands to enter SA

The logo for an H&M (Hennes & Mauritz) store is pictured in London.  Picture: REUTERS

Latest in slew of brands to enter South Africa, fast fashion retailer H&M to open first African store in October at V&A Waterfront in Cape Town


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