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Golding consortium stitches up Rextru

A Consortium headed by pioneering empowerment personality (and former trade union stalwart) Marcel Golding appears to have sewn up control of iconic Cape Town company Rex Trueform, which owns the Queenspark fashion retailing chain.

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Woolworths launches SA’s first retail branded MSC certified canned tuna

After four years of working closely with the Marine Stewardship Council (MSC) and WWF-SASSI, Woolworths has succeeded in securing an MSC-certified source of canned tuna, caught using the pole-and-line catch method, for its Woolworths branded canned tuna range. This latest Fishing for the Future milestone is particularly ground-breaking as versatile canned tuna is very much a household staple in many South African homes.

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Goscor cracks Clicks

Some things are worth the effort! After a long time of pursuing this important customer, Goscor Lift Truck Company (GLTC), the fastest-growing materials handling equipment (MEH) supplier in the country, has succeeded in getting an order for equipment from leading pharmacy and health and beauty retailer Clicks’ Cape division.

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The glitter man

Retail tycoon Christo Wiese – who is known for the odd dabble in the mining sector - looks set to rekindle his passion for diamonds. Last month Wiese emerged as the largest shareholder in Parow-based diamond mining company Trans Hex Group. Wiese – joined by Cape Town-based investment company RECM & Calibre (which owns around 25% of Trans Hex) – is now looking at buying out the remaining smaller shareholders in the diamond company.

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