The retailer has struggled amid more intense competition and as consumers continue to feel the pinch
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The service isn’t growing as it should because of the pandemic, rising unemployment, fewer visits to malls and more people working from home
South African competition watchdog has approved Tongaat takeover – with conditions
Analysts agree that the country has enough malls and that, post-Covid, the convenience of local centres lure customers
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/ 22 October 2007
The JSE retained its weak tone at noon on Monday, in line with overseas markets amid renewed concerns about the health of the United States economy. At 11.56am, the all-share index was off 1,51%. Resources fell 2,48%, while the gold-mining and platinum-mining indices gave up 1% and 3,47% respectively.
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/ 22 October 2007
The JSE dropped sharply in early trade on Monday, led south by Asian markets and early signs that European markets are tipped to slide amid renewed concerns about the United States housing turmoil. At 9.17am, the all-share index was off 1,44%. Resources fell 1,74%.