Estie, Author at Consumo Publishers

SA can’t get enough of RocoMamas ‘smashburgers’ – and now they’re heading for India and the Middle East

Thank you to Adila Tayob for sharing this article with us.

Phillip de Wet , Business Insider SA – Sep 06, 2018

The Spur restaurant group just barely managed to keep its sales flat in the last year, and predicts trouble to come.
But its RocoMamas chain increased sales by nearly a third, and Spur plans to keep opening an average of at least one new outlet a month.
RocoMamas just landed in Australia, but there are already plans for locations in India, Saudi Arabia, and possibly Cyprus.
The Spur group plans to open its first ever restaurant in India in this financial year, it said on Thursday – a RocoMamas outlet. It also plans to open a RocoMamas in Saudi Arabia, and is “in advanced negotiations” to expand the brand in Cyprus, just months after opening the first restaurant in Australia.

The rapid international rollout is unusual for a group that has been […]

Estie2018-10-22T11:54:20+02:00October 22nd, 2018|2018 Case Study, Environments, Recources|

Fast food deliveries are exploding in South Africa – here are the winners

Thank you to Adila Tayob for sharing this article with us.

James de Villiers , Business Insider SA Aug 01, 2018

Fast food deliveries are exploding in South Africa, with Mr D Food seeing order growth of 210%.
The home-grown delivery service has processed over R500 million worth of orders the past 12 months, and has over 270,000 monthly active users. Uber Eats and Mr D Food collectively account for 90% of South Africa’s third-party fast food delivery market.
South Africa’s fast food delivery services have boomed the past year, with Mr D Food alone reporting growth of 210% in the number of orders.

Mr D Food, owned by multinational Naspers, has also processed over R500 million worth of orders the past 12 months, and has over 270,000 active users.

“Food delivery in South Africa is still under-penetrated and growing rapidly, as is the case in many markets across the globe,” Naspers Ventures CEO […]

Estie2018-10-22T11:52:53+02:00October 22nd, 2018|2018 Case Study, Environments, Recources|

Bleak festive season ahead as petrol price spills over R17/litre

Oct 01 2018 – Sibongile Khumalo

A bleak festive season is on the cards if the current rate of fuel increases continues over the next two months, an economist warned following the announcement of a steep hike effective from midnight on Tuesday.“We might face a dim festive season if the current pace of fuel price increases is sustained in the two months ahead,” said Paul Makube, Senior Agricultural economist at FNB Agri-Business.

The Department of Energy (DoE) announced on Monday that both grades of petrol, 93 and 95 (ULP & LRP), will increase by 99 cents and 100 cents a litre (c/l) respectively.

This brings the overall retail price of 95 ULP for motorists in Gauteng to R17.08 c/l and R16.49 c/l at the Coast.
Makube said the latest increase would “place a further strain on consumers and will hurt consumption growth in a weak economy”.
Fuel prices have been rising sharply since March, on […]

Estie2018-10-22T11:51:16+02:00October 22nd, 2018|2019 Case Study, Environments, Recources, Syllabus Topics|

3 types of intent that affect your car insurance claim

Aug 16 2018 17:44

When deciding on whether someone should be covered in the event of a motor vehicle accident, an insurer may decide that a seemingly negligent driver actually acted with intent and should therefore not be covered, and such insurer may apply criminal court judgments to do so. Johannes du Plessis, legal advisor at RBS (Risk Benefit Solutions), a financial services broker, says consumers could find their vehicle claims rejected by insurers if it can be argued that they acted with intent instead of negligence during a motor vehicle collision.
“Insurance companies do not cover damages caused with intent, but they do cover damages caused by negligence…The Civil Court often uses Criminal Court judgments when it comes to determining negligence or intent.”

He adds that it is important to understand that the law differentiates between different kinds of intent. For example, one of the kinds of intent is intent-by-possibility, the definition […]

Estie2018-10-22T11:49:17+02:00October 22nd, 2018|Investment and insurance, Recources, Syllabus Topics|

Petroleum Industry in South Africa 2018: State of the Industry, Influencing Factors & Competition

The focus of this detailed report is the manufacture of petroleum products from crude oil and natural gas, as well as the wholesale and retail trade of the products in South Africa. According to the South African Petroleum Industry Association (SAPIA), the fuel sector contributes about 6% to the country’s GDP while supplying some 18% of South Africa’s primary energy needs through annual sales of 27 billion litres of liquid fuels. In 2016 the nine members of the South African Petroleum Industry Association (SAPIA), who are the main manufacturers of petroleum products, had total assets of R125.1bn and made an operating profit of R19bn.

Click here to read the rest of the article …

Estie2018-10-14T12:58:47+02:00October 14th, 2018|Performance of the business|

Total South Africa seeks to grow lubricants, retail fuel businesses

Total South Africa is looking to grow both its lubricants and retail fuel business as well as restart the offshore oil exploration that it put on hold in 2014, CEO Pierre-Yves Sachetsaid after a visit to its bulk fuel and lubricant plants in Durban.

He said that a R70-million investment in its lubricant plant at Island View within the Durban port precinct over the past year was intended to improve both quality and efficiencies ahead of expected growth in this key aspect of its businesslocally.

Click here to read the rest of the article …

Estie2018-10-14T12:56:37+02:00October 14th, 2018|Performance of the business|

Engen matches brand strength with market leadership in 4th straight Generation Next win

Engen Petroleum, South Africa’s fuel market leader, has once again won “Coolest Petroleum Brand” in the sought-after Sunday Times Generation Next awards.

It is the company’s fourth straight win in the survey, adding to a growing list of accolades that have given it uncontested brand leadership to match its long-time market strength.

In 2013 Engen took a hat trick in the Sunday Times Top Brands award (retail service station forecourts), having won top honours for the third consecutive year.

Click here to read the rest of the article …

Estie2018-10-14T12:55:11+02:00October 14th, 2018|Marketing|

GARAGE FORECOURT STORES MEET SA CONSUMERS’ NEED FOR SPEED

The increasingly time-starved nature of consumers’ lives is driving the evolution of South Africa’s R35-Billion convenience retail sector, which currently commands 10% of total market retail spend.

These findings stem from Nielsen’s broader 2016 – 2017 South Africa Shopper Trends report, which found that the popularity of this store format is due to ease of use and convenience, which makes it the channel of choice for weekly on-the-go consumption purchases, late night shops and everyday emergency purchases.

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Estie2018-10-14T12:53:55+02:00October 14th, 2018|Performance of the business|

South Africa – Economic Forecasts – 2018-2020 Outlook

This page has economic forecasts for South Africa including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the South Africa economy.

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Estie2018-10-14T12:51:55+02:00October 14th, 2018|Finance|

The Top 10 Innovation Challenges for 2020

The global innovation community, at least that chunk represented by professional innovation managers, begins its annual get together today in Hamburg, Germany. One of the first presentations that passed my desk (courtesy of Chris Skinner in my LinkedIn network) was Tim Jones‘ Top 10 Innovation Challenges for 2020. Tim runs Future Agenda (as I write the link to Tim’s site seems to have been hijacked – so here is his company link). So what are the top 10 innovation challenges? Naturally I disagree with Tim’s choices so let’s open a debate about a few of them.

Click here to read the rest of the article …

Estie2018-10-14T12:47:22+02:00October 14th, 2018|Finance, General management and CSR, Human Capital, Other, Performance of the business|

Estie

About Estie

This page has economic forecasts for South Africa including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the South Africa economy.