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Saccawu affiliates threaten Sandton shutdown over Massmart consultation process They’ve accused the retailer of planning mass retrenchments and potentially closing more local stores. Massmart employees participate in a protest in Sandton on 28 May 2021 against the potential closure of stores and job cuts. Picture: Veronica Mokhoali/Eyewitness News 2 hours ago JOHANNESBURG - Workers affiliated with Saccawu have vowed to shut down Sandton in seven days if Walmart-owned retailer, Massmart, fails to bring an...

The pandemic has jump-started e-commerce in South Africa. One of the biggest winners may be Takealot.com, a local e-commerce website that launched nearly a decade ago and later became part of Naspers, Africa’s biggest company by market capitalization. Revenue at Takealot reached $238 million in the six months that ended Sept. 30, its most recently reported period. That’s up 41% from the same period a year earlier. Developments such as same-day delivery of groceries and the ability to collect packages when and where convenient have paved the way for a growing number of South Africans to ca...

Air fryers and alcohol — a look at South Africa’s online shopper Online shopping trends revealed in OneDayOnly’s latest survey show the sector is set to continue growing PREMIUM By Katharine Child - 21 April 2021 South African consumers who shop online do so primarily for the convenience and many are buying more goods such as cleaning products and alcohol on the internet, says online retailer OneDayOnly in an shopping trends survey.  .. This article is reserved for DispatchLIVE subscribers. Get access to ALL DispatchLIVE content from only R45.00 per month. Alread...

Massmart’s CEO Mitchell Slape on R24m renumeration package By Dineo Faku Share JOHANNESBURG - MASSMART chief executive Mitchell Slape received a R24 million remuneration package during the year ended December 2020, the group said in its 2020 integrated annual report released on Friday. Slape’s salary included a R7.11m in guaranteed package, R6.8m in other benefits, R4.2m in other bonuses and R6.05m in short-term incentives. Slape, who succeeded Guy Hayward as chief executive in September 2019, had received a total pay package of R6.5m in 2019. Slape earned his salary in US dollars, ...

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