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South Africa is open for business

International tobacco company Philip Morris International has debuted its IQOS smoke-free tobacco device in South Africa. According to the company, the tobacco heating system produces no smoke or ash and is a "less harmful alternative for smokers".

In the same week, Gold Brands announced it will be bringing established UK casual-dining brand Café Rouge to our shores. South Africans can expect ten outlets of the Parisienne-style bistro, with the first due to open in Johannesburg in July.

It doesn't stop there. Anheuser-Busch InBev is planning to launch Budweiser in South Africa before the end of 2017. The company believes it is well-positioned to grow its global brands, with Stella Artois and Corona already present in the local market.

Other top news that has been making headlines this past week, is the National Consumer Tribunal's judgement that the club fee charged by local retailer Edcon is in contravention of the National Credit Act. Although a financial sanction is still to be announced, the ruling has grim implications, given Edcon's financial situation.

Here's to a successful week ahead!

Lauren Hartzenberg
Retail Editor: Bizcommunity.com



Comment online in our ed's column archive. Go mobile with apps and m.bizcommunity.com. Engage with us on Twitter, Facebook, LinkedIn and Google+. Subscribe to YouTube and via RSS. Send all your retail news and event invitations to retailnews@bizcommunity.com, exclusive opinion pieces to contributors-retail@bizcommunity.com and international news to internationalnews@bizcommunity.com. Read "How to contribute to Biz, from op-ed pieces to news".




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B2B Trade Conference
Vukani Communications - 18 May 2017 to 19 May 2017, Johannesburg


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AcuityCRM - 22 May 2017 to 24 May 2017, Johannesburg | 5 Jun 2017 to 7 Jun 2017, Johannesburg


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4 Jun 2017 to 7 Jun 2017, Cape Town


Industry and competitive analysis
PRISA - 14 Jul 2017, Randburg


Customer relations
Provox Centre for Public Relations & Communication - 24 Aug 2017 to 25 Aug 2017, Johannesburg


Upcoming events
Marketing Strategies for Low-Income Consumers - 10 May 2017 to 11 May 2017, Johannesburg | 1 Aug 2017 to 2 Aug 2017, Cape Town
Get a head-start in the race to tap into the mass market! Unique conference will help marketers and brands to better understand and connect with the low-income market! Read more >>

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Shoprite interest up as Whitey Basson sells stock https://t.co/eu1D5OrYX7 https://t.co/zKIxCBzp3s
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