Latest articles on EDCON

Lockdown hampers Edcon business rescue – analysts

Independent retail analyst Syd Vianello says going under business rescue does not mean Edcon will be saved, “it simply gives business rescue practitioners a chance to work out how they can save the company”

Was Edcon saved to secure votes?

The former PIC boss alludes to political interference in some of the state asset manager’s investments

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

Edcon group gets R2.7-billion lifeline

The UIF, with surpluses in the region of R156-billion, has helped rescue the embattled retailer, which owns Jet, Edgars and CNA

Saving Edcon is about saving jobs, says CEO

But the retailer’s recapitalisation plan rests on securing a new investor, and its landlords and lenders being on board.

Edcon: Experts split on PIC lifeline

Should the giant be left to sink or should it be helped to stay afloat in South Africa’s retail storm

South Africa has a bold new vision for the fashion industry

Collaboration throughout the fashion chain means that fashionistas will no longer have to wait for the trends abroad to arrive on local shores.

Edgars unveils Windows Smartphone

Edgars unveiled its first Windows Phone 8.1 device, the Verssed W1 smartphone, and will be available in select retail outlets from December 15.

Edcon plans credit sales growth as loss narrows

The clothing retailer looks to bolster sales by enabling pressurized consumers to buy more on credit.

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Latest

Demolition of hope in Hangberg

The City of Cape Town in June twice knocked down structures on land allocated for other purposes. The city says these were not evictions; residents ask why no police are available for rapes and murders

Corruption allegations: It’s a family affair at Dihlabeng municipality

The mayor, her relatives and their friends keep landing lucrative tenders and using state resources. Yet Lindiwe Makhalema has failed to declare the list of her relationships with people and companies benefiting from the municipality

AG’s report reveals the municipalities where money goes to waste

Municipalities are in complete disarray, with many of them flagged by the auditor-general for deliberate lack of accountability and tolerance for transgressions by political and administrative leadership while billions are squandered.

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Absa Rewards puts cash in your pocket

In addition to the cash benefits, you will receive special offers and exclusive deals from selected Absa Rewards partners

Municipal audit outcomes reveal public sector financial management must be professionalised

SAICA calls for a review of the mandatory minimum skills and qualifications required for all key financial management positions within the public sector

Eleven ways to protect yourself against fraud

While financial services firms work continuously to improve security, fraudsters are always devising new plans to circumvent the latest safety measures

Security and Compliance Evolution in the Data Revolution

Organisations must adopt a risk-based approach to compliance and rely on technology to mitigate that risk and on people and process controls as well

Covid-19 vs Child Nutrition

Children are being impacted severely across the world because of things such as reduced immunisation as health services prioritise treating Covid-19 cases

MTN’s network innovation sees 5G launched at 100 sites countrywide

MTN South Africa has launched its widely accessible 5G network – the first of MTN’s 21 operations across Africa and the Middle East

Economic ramifications of Covid-19

There is an opportunity for business and government in collaboration to galvanise and work together, and present ourselves as a viable destination for investment

BCX empowers its finance staff with professional accounting qualifications

'For the finance function to go beyond the numbers we need to be professional and we cannot leave out the financial control experts'

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