Grant Pattison

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

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.

Massmart, standards bureau sign SME quality agreement

Massmart and the South African Bureau of Standards have signed an agreement to help small businesses improve their product quality.

Massmart eyes 23 new stores in eight months

Massmart Holdings CEO says the South African retailer majority owned by Walmart plans to open 23 new stores in the next eight months.

Massmart ready to sacrifice margins for market share

Walmart's SA unit Massmart is ready to push down prices and sacrifice margins in pursuit of a bigger market share, its CEO has said.

‘We welcome becoming part of the Walmart family’

Massmart's chief executive said that the group's management team welcomed the prospect of becoming part of the Walmart family.

CEO’s payout just another brick in the Walmart deal

Massmart's CEO admits he would earn a huge payout from a merger with Walmart -- but denies staff were retrenched to make the company more attractive.

Walmart deal gets more attention than expected

US retailer Walmart's acquisition of a controlling share in Massmart has attracted more attention than expected, Massmart's CEO said on Thursday.

Massmart invites labour to the party

The planned purchase of 51% of Massmart by Walmart has its supporters and detractors. Massmart chief executive explains why he thinks the deal is good

Latest

Democracy will flounder sans Stats SA

As the government bails out state-owned entities, it is leaving a hole in the budget of the agency tasked with telling us what South Africa looks like — one that is crucial to government decisions

The Facebook group taking on South Africa’s white right

Online battle over the ‘white genocide’ narrative on social media has dangerous real-world consequences

Trolley tender causes Acsa eruption

Stolen contract exposes rift in the senior ranks at the state airport’s management companies

Press Releases

Scatec Solar begins another Upington project

SPONSORED Scatec Solar and partners have once again grid connected in the ZF Mgcawu District, and started early...

Over R400-m given to businesses since launch of three-minute overdraft

The 3-minute overdraft radically reduces the time it takes for businesses to have their working capital needs met

Tourism can push Africa onto a new path – minister

The continent is fast becoming a dynamic sought-after tourist destination

South Africa’s education system is broken and unequal, and must be fixed without further delay

The Amnesty International report found that the South African government continues to miss its own education upgrading targets

Business travel industry generates billions

Meetings Africa is ready to take advantage of this lucrative opportunity

Conferences connect people to ideas

The World Expo and Meetings Africa are all about stimulating innovation – and income