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Creecy says dept will review disaster management following Table Mountain fire The minister visited the Western Cape, on Saturday, to assess the damage following the blaze at the national park that destroyed acres of vegetation and damaged a number of structures including the devastating fire on the side of Table Mountain this week. Minister of Environmental Affairs Barbara Creecy at the Newlands Fire Base to receive a briefing on the recent Cape Town fires. Picture: Twitter/@wo_fire 3 hours ago JOHANNESB...

On the BizNews Power Hour, one of the leading South African hedge fund managers Jean-Pierre Verster dissects the Pick n Pay results and gives a high-level analysis of the food retail sector on the JSE. Jean-Pierre commended Richard Brasher for a solid tenure at the helm, leading the retail giant during a tough macro-economic backdrop where many peers went backwards. Although not overly-bullish on the sector as a whole, Jean-Pierre shares his opinions on the other big-hitters in the sector. – Justin Rowe-Roberts Jean-Pierre on Pick n Pay’s performance during Richard Brasher’s tenure: If ...

Jean-Pierre Verster on Pick n Pay job well done but prefers shopping at Woolworths On the BizNews Power Hour, one of the leading South African hedge fund managers Jean-Pierre Verster dissects the Pick n Pay results and gives a high-level analysis of the food retail sector on the JSE. Jean-Pierre commended Richard Brasher for a solid tenure at the helm, leading the retail giant during a tough macro-economic backdrop where many peers went backwards. Although not overly-bullish on the sector as a whole, Jean-Pierre shares his opinions on the other big-hitters in the sector. – Justin Rowe-Robet...

By Reuters Staff 2 Min Read Shoppers queue to stock up on groceries at a Pick n Pay store during a nationwide lockdown of 21 days to try to contain the coronavirus disease (COVID-19) outbreak, in Johannesburg, South Africa, March 24, 2020. REUTERS/Siphiwe Sibeko - JOHANNESBURG (Reuters) - South African grocery retailer Pick n Pay reported a 21.4% decline in annual earnings on Wednesday, weighed down by a ban on the sale of alcohol and other products and by one-off compensation costs. Headline earnings per share (HEPS), the main profit measure in South Africa, for the 52 weeks ended Feb. 28 ...

Shopping price war 2021: Woolworths vs PnP vs Checkers vs Spar Subscribe As South Africans face rising food prices despite low levels of headline inflation, the latest BusinessTech shopping price comparison among the biggest retailers in the country shows that their price-containment measures appear to be working. Several research groups have conducted shopping basket comparisons, highlighting how food prices in particular have increased over the last year. This includes baskets like the PMBEJD, which found that foods most selected by low-income households have increased by almost 5% in the l...