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SA retailers have questioned why government has still not been able to deal with major problems affecting the country, especially load shedding, which is severely inhibiting growth and discouraging investment.
Now that South Africa has done away with the requirement for mask wearing and lifted all Covid-19 restrictions, the industry can begin a return to pre-pandemic levels. However, uncertainty about the future remains...
Distell reports domestic revenue growth of 22.9%, while Pick n Pay and Shoprite's LiquorShop report increases of 17.2% and 44.5%, respectively.
As the country marks the one-year anniversary of the July riots this week, larger businesses remain hesitant to build capacity back to pre-riot levels; while in KwaZulu-Natal in particular, some firms that are still struggling to recover are considering relocating to other provinces.
In the space of a week a number of big business bosses have taken on the government over the growing red tape, potholes, power cuts and more.