It should be frowned upon for a minister or proxy to call a CEO of a state entity enquiring about opportunities for comrades, writes Mpumelelo Mkhabela.
High level clouds. Cool.
Mr. Tekkie has announced a new partnership with luxury lifestyle brands company New House of Busby, which has the distribution rights to GUESS, Aldo, Call it Spring and Steve Madden.
Pepkor's "defensive" market positioning in the value and discount markets of SA and Africa proved to be a competitive advantage, CEO Leon Lourens tells Fin24.
Retailer Pepkor has lost an application for leave to appeal a court order that bars its parent company Steinhoff from disposing shares it holds either directly or indirectly in shoe retailer Tekkie Town.
The PIC inquiry has heard testimony from its final witness on Wednesday - the last of 77 witnesses who provided testimony over the past eight months.
While a court has ruled that Steinhoff subsidiary Pepkor may not sell off any shares it holds directly or indirectly in Tekkie Town, Pepkor has maintained that it never intended to dispose of any shares.
Some owners of Mr Tekkie obtained leave to appeal in their application in a restraint of trade case brought against them by Pepkor.
Pepkor Group's shares dropped as much as 7% following the release of a trading update to end the day down 4.29%.
The Pepkor group has done a lot of things to emphasise its independence from Steinhoff, CEO Leon Lourens tells Fin24.
The JSE has fined Pepkor Holdings, formerly known as Steinhoff Africa Retail, R5m for breaching the local bourse's listing requirement, with R1m suspended for two years.
Mr. Tekkie's founders maintain Pepkor - formerly Steinhoff Africa Retail - has failed in its attempt to seek restraint of trade provisions against Mr. Tekkie's founders. But Pepkor says it emerged victorious.
The South African retailer says the poor state of Zimbabwe's economy has caused it to close shop.
Retailer Pepkor warned that its building materials company reflected poor performance, impacting group revenue.
The transfer path of Tekkie Town and its shares in late 2016 to Steinhoff subsidiary Pepkor was clearly plotted even before the first transfer took place, says a Cape High Court judge.
A security guard who tried to stop an armed robbery at a HiFi Corporation store in Park Meadows, Kensington, has been shot dead by the gunmen, Gauteng police say.
Why was PwC "extremely coy" about naming names in its recent Steinhoff forensic overview, asks former Tekkie Town CEO Bernard Mostert in a court document.
The owners of Mr Tekkie hope to hear on Monday whether their application for leave to appeal in a restraint of trade case brought against them by Pepkor has been granted or not.
The year 2018 will go down in Pepkor's history as the Year of the Struggle - one filled with unexpected crises and drama, says its chair Jayendra Naidoo.
Pepkor's turnover was 10.9% higher at R64.2bn for the financial year ending September 30 it announced on Monday.
Pepkor (formerly Steinhoff Africa Retail) has delivered a list of Tekkie Town footwear to Mr Tekkie’s attorneys it says the latter may not sell.
The third Mr Tekkie store opened its doors last night, and the former Tekkie Town owners had a strong message for adversaries at Pepkor.
Cape Town Southern Suburbs1st Contact T/A Sable International
Cape TownemergeR560.00 - R580.00 Per Hour
Cape Townemerge R580 000.00 - R620 000.00 Per Year
Apartments / Flats
R 13 500
R 1 195 000
R 19 800
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