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As demand for crocodile skin handbags increase, luxury goods companies such as Louis Vuitton and Gucci are making acquisitions to secure croc supply.
Hoping to maximise on demand for retail shopping and shore up losses felt in other countries at the same time, Carrefour SA is moving into Africa.
Pick n Pay said it may cut management positions to get costs down after its annual profit plunged 51%.
The middle class continues to grow, and could well become the saviour of the South African economy.
The clothing retailer posted a wider annual loss as changes in stores disrupted sales, but it expects trading results to improve from September.
The pharmaceuticals giant has reported its’ profit fell 5.4% as it continues takeover talks that may lead to the company being bought.
Adcock Ingram, SA’s largest supplier of hospital products, may gain a further 12% from a 30-month high after it got takeover offers.
Ronaldo’s farewell to Real Madrid didn’t include any fond words for coach Fabio Capello. The World Cup’s all-time leading scorer left Madrid for AC Milan on Tuesday, returning to…
Argentina striker Hernan Crespo signed for former club Inter Milan on Monday, leaving English champions Chelsea. ”I’m very happy to be back,” Crespo said. ”I love Italian soccer…
