Steinhoff subsidiary reports interim profit as it warns of litigation uncertainty

The group has increased its settlement proposal provision as it fends off claimants opposed to global settlement

BL PREMIUM
UK grocery chain Morrison rejects takeover offer from US buyout firm

The unsolicited proposal from Clayton Dubilier & Rice values the company at about $5.5bn

Pick n Pay’s exclusivity provisions in lease deal officially scrapped

Supermarkets that are privately owned and controlled by historically disadvantaged persons can now access letting space

BL PREMIUM
ECONOMIC WEEK AHEAD: April retail sales expected to show rise

Data will give an indication of pace of the economic recovery in the second quarter

BL PREMIUM
WATCH: How lockdown has worn down TFG

TFG CEO Anthony Thunström talks to Business Day TV about the retailer’s prospects as it deals with the fallout from Covid-19

WATCH: Burger King and business indigestion

Michael Avery chats to experts about the Competition Amendment Act and Burger King’s lack of BEE in their new ownership structure

TFG plans Jet expansion while tightening credit criteria

Company decides not to pay dividend as UK lockdowns hit earnings

BL PREMIUM
Pick n Pay and Fortress co-invest in a super distribution centre development

SPONSORED | Fortress Reit adds one of the largest FMCG distribution centres in Africa to its portfolio

SPONSORED
Rejection of Burger King sale will hit black investors, Busa warns

Selling assets at a fair price will become difficult due to Competition Commission’s decision

BL PREMIUM
Woolworths may be eyeing stand-alone liquor retail as ripe for growth

It will be a latecomer to a sector where its competitors have done well, but the retailer is keeping its expansion plans under wraps

Lancaster still pursuing R12bn Steinhoff claim

Investment unit of Jayendra Naidoo rejects Steinhoff statement that it’s abandoned legal action

BL PREMIUM
CNA placed in business rescue

The chain has failed to pay its landlords and suppliers in recent months, while facing weak consumer demand

BL PREMIUM
Lancaster abandons Steinhoff court bid

Jayendra Naidoo’s investment outfit claimed more than R12bn from Steinhoff but was offered R200m in settlement of the claim they have abandoned

BL PREMIUM
Cinema will survive pandemic, says SA industry

Ster Kinekor and Nu Metro shrug off on-demand streaming and remain confident people will return to movie theaters

BL PREMIUM
WATCH: How Spur has expanded its offering

Spur CEO Val Nichas talks to Business Day TV about how the restaurant chain is expanding its offering

Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.