Edcon

 
Debt Act not a relief for everyone
Debt Act not a relief for everyone
The National Clothing Retail Federation — which includes retailers such as the Mr Price Group, Woolworths, The Foschini Group and the Edcon...
FREE TO READ: Get this week's M&G
FREE TO READ: Get this week's M&G
A forensic report into the Public Investment Corporation’s investment with VBS Mutual Bank recommends criminal charges against the PIC’s former...
Was Edcon saved to secure votes?
Was Edcon saved to secure votes?
Former Public Investment Corporation (PIC) boss Dan Matjila’s allegation — that he was ousted for his resistance to the deal that saved...
Edcon clears the first hurdle
Edcon clears the first hurdle
Edcon chief executive Grant Pattison and his team achieved what many critics doubted they could — secure an almost R3-billion lifeline for a...
Edcon group gets R2.7-billion lifeline
Edcon group gets R2.7-billion lifeline
The Unemployment Insurance Fund (UIF), debt holders and landlords have all come to the rescue of the troubled Edcon group — which owns...
Saving Edcon is about saving jobs, says CEO
Saving Edcon is about saving jobs, says CEO
The plan to save struggling retailer Edcon rests equally on securing a new investor, and reaching an agreement with the retailer’s landlords and...
Edcon: Experts split on PIC lifeline
Edcon: Experts split on PIC lifeline
As Edcon, the owner of Jet, Edgars and CNA, fights to keep its doors open, it appears that it is the Public Investment Corporation (PIC), with its...
Ramaphosa’s Jobs Summit plan to create 275 000 new jobs annually
Ramaphosa’s Jobs Summit plan to create 275 000 new jobs annually
President Cyril Ramaphosa acknowledged that South Africa will not be able to reach the goal of reducing the unemployment rate to 6% by 2030 as...
South Africa has a bold new vision for the fashion industry
South Africa has a bold new vision for the fashion industry
Imagine this scenario: you are browsing through the images from London, New York, Milan or Paris Fashion Week and, of course, there’s a lot “to...
Edgars unveils Windows Smartphone
Edgars unveils Windows Smartphone
The Verssed W1 is powered by a Qualcomm Snapdragon 200 processor and offers connectivity via Wi-Fi 801.11n plus Bluetooth 4.0, and fast download...
Edcon plans credit sales growth as loss narrows
Edcon plans credit sales growth as loss narrows
Edcon Holdings, South Africa's largest clothing retailer, plans to sell more items on credit as a boost in revenue at the discount division helped...
Edcon’s bonds best performing in Europe as investors seek risk
Edcon’s bonds best performing in Europe as investors seek risk
Bonds of Edcon Holdings, South Africa’s largest clothing retailer, are the best performing junk debt sold in Europe this month as record low...

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