Cosatu slams retailers over meat scandal

Cosatu is accusing retailers, including Woolworths and Pick 'n Pay, of negligence for stocking mislabelled meat products and wants the matter to be investigated.

• Supermarkets respond to meat report
• Contaminated meat suppliers face jail
• Supermarkets in meat scandal named

No name and shame of meat culprits

Despite consumers baying for blood, the food researcher who exposed the meat scandal refuses to name and shame them.

• Donkey, buffalo found in SA meat
• Random tests on meat stepped up
• Study reveals game biltong shock

I'm not hiding anywhere - Wiese

If you think I owe you money, send me the bill, billionaire Shoprite boss Christo Wiese has reportedly said about claims reports that he owes Sars R2bn.

• Christo Wiese's R2bn tax bill
• Not on a trade hold
• Wiese sells Lanzerac to foreigners

Wiese sells Lanzerac to foreigners

Christo Wiese has confirmed that his Lanzerac wine estate has been sold to foreigners, without disclosing the sum paid.

• Brait: A smart move for Wiese?
• Wiese wants his money back
• Central bank may probe Wiese incident

Pick n Pay uses Franklins cash to revamp

Retailer Pick n Pay says it will use proceeds from the sale of its Australian unit to fund a restructuring programme at home as it gears up to take on Walmart.

• Ackerman urges media to be more critical
• PnP gets extension on Franklin's deal
• Pick n Pay mulls job cuts

SA retailers lose allure after Walmart

Local retailers and builders are less attractive to investors after Walmart's takeover of Massmart, say analysts.

• Cosatu to Walmart: War not over
• Tribunal: Walmart will create jobs
• Unions keep Walmart in their sights

Pick n Pay denies selling refrozen chickens

Pick n Pay denies it is selling refrozen chickens that had passed their sell-by date.

• Frozen chicken horror

Wiese's 'criminal' cash forfeited

UK customs authorities have confiscated £675 000 from Shoprite chairperson Christo Wiese, saying they are satisfied the cash was associated with criminality, reports Moneyweb.

• Shoprite probed over Pick n Pay
• Shoprite defies depressed market
• Shoprite pursues pharmacy growth

U2 concert ticket chaos

As fans clamoured for U2 concert tickets, frustration has been growing in some quarters as the website crashed and was unavailable for bookings.

• Why U2 360° will rock
• U2 returns to SA with 360°
• U2 - 360° At The Rose Bowl

Teen SA's boerewors king

Jaco Labuschagne, who at 13 is SA's youngest boerewors king, doesn't mind if his dad uses the Toyota Hilux double-cab he won - as long as he takes him fishing in it.

• Teen craves boerewors title
• Woman boerewors champ

Shoprite still leader of the pack

Analysts say Shoprite Holdings continues to assert its market leadership after posting impressive sales figures for the past financial year.

• Shoprite sales up 13.6%
• Shoprite profit up, stays cautious
• SA banks aid Shoprite growth
• Shoprite pursues pharmacy growth
• Shoprite vs. Pick n Pay: the showdown
• Shoprite 'needs Africa upgrade'
• SA ops lead way for Shoprite

Massmart to buy Namibia chain

Massmart has bolstered its strategy to expand into sub-Sahara by agreeing to buy a majority stake in Namibia's Pupkewitz Megabuild.

• Massmart set to reflect sluggish market
• Massmart announces job cuts
• Lower prices boost Massmart sales
• Wal-Mart rumours boost Massmart shares
• Massmart sales pick up
• Massmart hopeful on turnaround

Inventory turn

The inventory table, unfortunately, can only be applied selectively.

• The Inventory Turn Table
• Fund managers shun banks, retailers
• 'Be careful' when investing in AltX
• SA traders 'still cautious'
• Coal prices deter Indian traders
• Traders embrace corn contract

The critical 'one'

The return on Equity/Cost of Equity : This year’s table ranks 150 listed companies as creating shareholder value in 2009.

• The RoE/Ke Table
• Ratios: the investor's friend
• Equity values lift Mvela
• Exxaro urges BEE equity changes
• New chair for Equity Commission
• Higher profits for private equity

Discounting the future

THE SHARES OF almost all of South Africa's retailers are trading at new record levels - while retail sales in real terms are now only starting to pick up again after falling for many months. Nor is it inflation - the great favourite of all retailers - that's pushing share prices. In fact, the opposite is the case. Food inflation has for all practical purposes disappeared from their shelves. Nevertheless, the shares of the food retailers are currently far outclassing their much more cyclical peer