![Source: The South African Reserve Bank.](https://biz-file.com/c/2409/750370-64x64.jpg?5)
Subscribe to daily business and company news across 19 industries
×![#DesignIndaba2019: The commonalities of bad design projects](https://biz-file.com/c/1902/484814-208x117.jpg?2)
![Womxn in Food - FOOD XX: Honouring the game changers and supporting the startups](https://biz-file.com/c/1902/484650-208x117.jpg?1)
![International push to improve food safety](https://biz-file.com/c/1902/482875-208x117.jpg?2)
![Winners of the women in food FOOD XX Awards announced](https://biz-file.com/c/1902/482313-208x117.png?2)
![Connected and engaged consumers driving change in food and beverage industry](https://biz-file.com/c/1902/481568-208x117.jpg?2)
![Bacardi gets close to consumers in annual Back to the Bar event](https://biz-file.com/c/1902/481161-208x117.jpg?2)
![Retail industry CX strategy for 2019](https://biz-file.com/c/1902/481094-208x117.jpg)
![#BizTrends2019: Bizcommunity hosts #BizTrendsLIVE!, an overview](https://biz-file.com/c/1902/480541-208x117.jpg?2)
![The tech buzzwords transforming our TVs](https://biz-file.com/c/1901/480354-208x117.jpg?2)
![Another year of changing lives](https://biz-file.com/c/1901/480035-208x117.jpg)
![It's bottoms up on 2 February for SA National Beer Day](https://biz-file.com/c/1901/479593-208x117.jpg?2)
![Faithful to Nature crowns SA's favourite eco-conscious brands](https://biz-file.com/c/1901/478588-208x117.jpg?2)
![Kim Winstanley, chief growth officer and partner at Worx Group.](https://biz-file.com/c/1812/475421-208x117.jpg?2)
![Leo van de Polder on expanding the Shop network in South Africa](https://biz-file.com/c/1901/478035-208x117.jpg?1)
![#BestofBiz 2018: Retail](https://biz-file.com/c/1812/474804-208x117.jpg?2)
![Mary Quant with Vidal Sassoon, 1964. Photograph by Ronald Dumont, Image courtesy of V&A Museum](https://biz-file.com/c/1812/474245-208x117.jpg?2)
![#IATF2018: Paving the way to increased intra-African trade](https://biz-file.com/c/1812/474109-208x117.jpg?2)
![#ATFexpo2018: How to localise global trends for the SA consumer - Part 2](https://biz-file.com/c/1812/472751-208x117.jpg?2)
![#ATFexpo2018: How to localise global trends for the SA consumer - Part 1](https://biz-file.com/c/1812/472619-208x117.jpg?2)
![Africa Trade Week 2019 set for Johannesburg in June](https://biz-file.com/c/1811/471650-208x117.jpg?2)
![#ATFexpo2018: Buy less, spend more - the case for luxury fashion](https://biz-file.com/c/1811/471395-208x117.jpg?2)
![#ATFexpo2018: How the conscious consumer is reshaping fashion retail](https://biz-file.com/c/1811/471139-208x117.jpg?2)
![SA's top retailers on improving access to fresh and healthy food](https://biz-file.com/c/1811/470085-208x117.jpg?2)
![Celebrating South Africa's culinary rock stars at the Eat Out Mercedes-Benz Restaurant Awards](https://biz-file.com/c/1811/470152-208x117.jpg?2)
![SA retailers nominated for International Retailer of the Year awards](https://biz-file.com/c/1811/469901-208x117.jpg?2)
![Move over The Test Kitchen! The Eat Out Mercedes-Benz Restaurant Awards has a new #1](https://biz-file.com/c/1811/469471-208x117.jpg?2)
![Pentawards Live speakers: Denise Siebert, vice president, design of the Global Kellogg Company, design and visual identity leader at Diageo; Ann Chen and Mauro Porcini, PepsiCo, chief design officer.](https://biz-file.com/c/1811/469416-208x117.jpg?2)
![#FLS2018: Downgrade or not?](https://biz-file.com/c/1811/469143-208x117.jpg?2)
#FLS2018: Downgrade or not?
Danette Breitenbach 15 Nov 2018
![#FLS2018: The big business opportunity of franchising](https://biz-file.com/c/1811/468805-208x117.jpg?2)
![#ShopperInsights2019: Moving to frictionless commerce](https://biz-file.com/c/1811/468226-208x117.jpg?2)
More news
![Womxn in Food - FOOD XX: Honouring the game changers and supporting the startups](https://biz-file.com/c/1902/484650-208x117.jpg?1)
![International push to improve food safety](https://biz-file.com/c/1902/482875-208x117.jpg?2)
![Winners of the women in food FOOD XX Awards announced](https://biz-file.com/c/1902/482313-208x117.png?2)
![Connected and engaged consumers driving change in food and beverage industry](https://biz-file.com/c/1902/481568-208x117.jpg?2)
![Bacardi gets close to consumers in annual Back to the Bar event](https://biz-file.com/c/1902/481161-208x117.jpg?2)
![Retail industry CX strategy for 2019](https://biz-file.com/c/1902/481094-208x117.jpg)
![#BizTrends2019: Bizcommunity hosts #BizTrendsLIVE!, an overview](https://biz-file.com/c/1902/480541-208x117.jpg?2)
![The tech buzzwords transforming our TVs](https://biz-file.com/c/1901/480354-208x117.jpg?2)
![Another year of changing lives](https://biz-file.com/c/1901/480035-208x117.jpg)
![It's bottoms up on 2 February for SA National Beer Day](https://biz-file.com/c/1901/479593-208x117.jpg?2)
![Faithful to Nature crowns SA's favourite eco-conscious brands](https://biz-file.com/c/1901/478588-208x117.jpg?2)
![Kim Winstanley, chief growth officer and partner at Worx Group.](https://biz-file.com/c/1812/475421-208x117.jpg?2)
![Leo van de Polder on expanding the Shop network in South Africa](https://biz-file.com/c/1901/478035-208x117.jpg?1)
![#BestofBiz 2018: Retail](https://biz-file.com/c/1812/474804-208x117.jpg?2)
![Mary Quant with Vidal Sassoon, 1964. Photograph by Ronald Dumont, Image courtesy of V&A Museum](https://biz-file.com/c/1812/474245-208x117.jpg?2)
![#IATF2018: Paving the way to increased intra-African trade](https://biz-file.com/c/1812/474109-208x117.jpg?2)
![#ATFexpo2018: How to localise global trends for the SA consumer - Part 2](https://biz-file.com/c/1812/472751-208x117.jpg?2)
![#ATFexpo2018: How to localise global trends for the SA consumer - Part 1](https://biz-file.com/c/1812/472619-208x117.jpg?2)
![Africa Trade Week 2019 set for Johannesburg in June](https://biz-file.com/c/1811/471650-208x117.jpg?2)
![#ATFexpo2018: Buy less, spend more - the case for luxury fashion](https://biz-file.com/c/1811/471395-208x117.jpg?2)
![#ATFexpo2018: How the conscious consumer is reshaping fashion retail](https://biz-file.com/c/1811/471139-208x117.jpg?2)
![SA's top retailers on improving access to fresh and healthy food](https://biz-file.com/c/1811/470085-208x117.jpg?2)
![Celebrating South Africa's culinary rock stars at the Eat Out Mercedes-Benz Restaurant Awards](https://biz-file.com/c/1811/470152-208x117.jpg?2)
![SA retailers nominated for International Retailer of the Year awards](https://biz-file.com/c/1811/469901-208x117.jpg?2)
![Move over The Test Kitchen! The Eat Out Mercedes-Benz Restaurant Awards has a new #1](https://biz-file.com/c/1811/469471-208x117.jpg?2)
![Pentawards Live speakers: Denise Siebert, vice president, design of the Global Kellogg Company, design and visual identity leader at Diageo; Ann Chen and Mauro Porcini, PepsiCo, chief design officer.](https://biz-file.com/c/1811/469416-208x117.jpg?2)
![#FLS2018: Downgrade or not?](https://biz-file.com/c/1811/469143-208x117.jpg?2)
#FLS2018: Downgrade or not?
Danette Breitenbach 15 Nov 2018
![#FLS2018: The big business opportunity of franchising](https://biz-file.com/c/1811/468805-208x117.jpg?2)
![#ShopperInsights2019: Moving to frictionless commerce](https://biz-file.com/c/1811/468226-208x117.jpg?2)
![#ShopperInsights2019: Innovation drives brand success at shelf](https://biz-file.com/c/1811/467985-208x117.jpg?2)
![#ShopperInsights2019: I love you, but...](https://biz-file.com/c/1811/467884-208x117.jpg?2)
![#GoogleRetail: No room for silos in omnichannel retail](https://biz-file.com/c/1811/467431-208x117.jpg?2)
![Yuppiechef scoops title of SA's Online Retailer of the Year](https://biz-file.com/c/1811/466872-208x117.jpg?2)
![#FoodNextAfrica: How to ensure sustainable growth of plant-based foods](https://biz-file.com/c/1811/466781-208x117.jpg?2)
![#GoogleRetail: Learn from the past then act swiftly to win at retail](https://biz-file.com/c/1810/465618-208x117.jpg?2)
![#TopBrands2018: Celebrating iconic brands](https://biz-file.com/c/1810/465451-208x117.jpg?1)
![SA tea company eyes growth in European export market](https://biz-file.com/c/1810/465447-208x117.jpg?2)
![Corporate content should be part of your DNA](https://biz-file.com/c/1810/465262-208x117.png)
![Bizcommunity Recruitment in Africa Focus](https://biz-file.com/c/1810/464978-208x117.png?3)
![#ShopperInsights: Zero moment of truth - future of marketing](https://biz-file.com/c/1810/464381-208x117.jpg?2)
![](/res/img/s.gif)
Subscribe to daily business and company news across 19 industries
×Danette Breitenbach 15 Nov 2018
Danette Breitenbach 15 Nov 2018