Advertisement
South Africa's May retail sales beat expectations

South Africa's May retail sales beat expectations

Retail sales in Africa's most industrialised economy rose by 4.5 percent year-on-year in May, its strongest rise since early 2014 after expanding by a revised 1.6 percent in April, Statistics South Africa said on Wednesday.
Steinhoff gets its European deal with $800 mln Poundland buy

Steinhoff gets its European deal with $800 mln Poundland buy

The $23 billion company, which sells beds and cupboards to less affluent shoppers in Europe, southern Africa and Asia, is keen to grow its European business when consumers are turning to cheaper chains and its home market is also struggling.
Advertisement
Advertisement