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Sixteen years after leaving the company he ran for over a decade, 70 year-old master retailer Sean Summers is returning to lead Pick 'n Pay.
Sixteen years after leaving the company he ran for over a decade, 70 year-old master retailer Sean Summers is returning to lead Pick 'n Pay.
JOHANNESBURG, (Reuters) - South African grocery retailer Pick n Pay's shares tumbled almost 15% on Monday after its CEO stepped down and the company said it would post an interim loss. The exit of its CEO Pieter Boone comes as the retailer has been struggling to retain market share that it lost to bigger rival and…
The SA Post Office’s debt exceeds its assets by R12.5bn, according to business-rescue practitioners who gave their first update after two months at the helm trying to save the state-owned entity.
The Media Online’s weekly round up of people, account and business moves in media. This week’s BIG move: The Primedia