The South African Clothing and Textile Workers Union has said people are working from 10 to 16 hours a day, seven days a week for as little as R120 to R200 a week
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The retailer has struggled amid more intense competition and as consumers continue to feel the pinch
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Quality or quantity? The bind of fast fashion
The pandemic may have disrupted the analogue business models of South African retailers to the online world. Amazon, unlike Walmart, is possibly an even bigger disruptor lying in wait
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The South African informal economy market is much sought-after, with the big, formal-sector supermarkets all looking to grow their share
Corporate South Africa is feeling the Covid-19 pinch. But is there space for growth domestically?
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Local firms have struggled to adapt to the regulatory environment and the dynamics of an unpredictable market
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The financial sector has been accused of being hysterical about amendments to the law. But there are some genuine concerns
Unemployment, state debt and public sector burden and structural rigidities will affect growth
It’s absolutely vital to know what drives the reputation of the industry one is in
Hustlers have audacious goals and are not afraid of taking risks
TransUnion CEO Lee Naik stressed the ruling does not scrap the entire National Credit Act regulation, which makes provision for responsible lending
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Both those for it and against it want responsible lending but are at odds over how it should be done
While store sales increased 10.5% in the final quarter of 2013, it could not match the rise in costs the company said.
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Mr Price says it has chosen not to focus on chasing credit sales and has benefitted from a cash sale growth of 15.1%
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/ 13 December 2011
Pupils from disadvantaged backgrounds will receive work experience as part of a project recently launched by ORT South Africa.
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/ 14 January 2010
Clothing and home goods retailer Mr Price Group posted an 8,4% rise in third-quarter sales, bolstered by its apparel unit.
Fashion and home goods retailer Mr Price said profit per share for the year to end-March rose 16% and it expected to gain market share.
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/ 16 January 2009
South African clothing retailer Foschini posted an 8,7% rise in third-quarter revenue on Friday, thanks to new stores.
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/ 14 January 2009
Fashion and homeware retailer Mr Price reported a 20,3% rise in third-quarter sales on Wednesday as it sold more clothes and opened new stores.
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/ 12 November 2008
Retailer Mr Price boosted first-half profit by 11% as its low-cost clothes helped it grab market share in tough conditions, lifting its shares.