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SA retailer opens in Angola

first_imgWould you like to use this article in your publication or on your website? See: Using SAinfo material South Africa’s biggest single brand store network, PEP, is extending its southern African store footprint into Angola and making a major investment in Africa’s fastest-growing country. In addition to the Lobito store, PEP plans to open more stores in Namibe, Benguela, Sumbe and Lubango within the next year. With the launch of its first store in Angola, PEP now operates in 11 southern African countries. PEP Africa has been operating for 10 years and has 38 stores in Zambia, 22 in Malawi and 30 in Mozambique. Distribution centre SAinfo reporter “According to our research, affordable clothing and products are the most important factors for Angolan customers.” “We chose Benguela as the location for our DC as this is central to our store expansion programme and essential to our logistical needs,” said Jacobs.center_img “We believe that our product offering of value for money and functionality is right for the Angolan market,” PEP Africa GM Willie Jacobs said in a statement at the end of October. The balance of PEP’s 1 310 stores are in South Africa, Botswana, Lesotho, Namibia, Swaziland and Zimbabwe. 7 November 2008 As part of its commitment to and investment in this new market, PEP has opened a 2 000 square metre dedicated distribution centre. Following extensive research in Angola over the last two years, PEP Africa was confident of its growth and success in the new market, with its first store opening in Lobito, central Angola, on 31 October. According to PEP, new Angola GM Gerrie Scheepers is fluent in Portuguese, and brings extensive and relevant experience, having been GM of PEP’s successful Mozambique operation for the past five years.last_img read more

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The CEO Performance Review

first_imgaudrey watters Top Reasons to Go With Managed WordPress Hosting Related Posts A Web Developer’s New Best Friend is the AI Wai… Tags:#Analysis#start center_img Being a CEO of a company is, as one CEO recently told me with a certain amount of exasperation and exhaustion, “a 24-hour-a-day, 7 days-a-week job.” It’s all-consuming, all-encompassing, and in many ways when it comes to the success or failure of a company, all-important. But despite the high-stakes involved in being a CEO, it’s a position that all-too-often only receives rigorous feedback and a thorough performance review when things goes desperately awry. And even then, the measurement of “a good CEO” is often merely just a reflection of “good financials.” But surely there’s more to it.Ben Horowitz recently posted a blog post on how Andreessen Horowitz evaluates CEOs. Although he admits, in writing it, it’s also a post that explains what Horowitz himself thinks is important in evaluating (and performing) the job of CEO. Horowitz says he looks at three key areas when evaluating CEOs:1. Does the CEO know what to do?2. Can the CEO get the company to do what she knows?3. Can the CEO achieve the desire results against an appropriate set of objectives?Horowitz divides the first question into two parts: strategy and decision making. In other words, does the CEO know where the company is headed? Horowitz calls this the company’s “story” and contends that while the CEO need not be the person responsible for creating that story, “she must be the keeper of the vision and the story. As such, the CEO ensures that the company story is clear and compelling.” This story will give meaning to the work that staff do but will also align these motivations with key decisions that must be made for the company’s direction. And it’s these decisions Horowitz contends are particularly important: “a CEO can most accurately be measured by the speed and quality of those decisions. Great decisions come from CEOs who display an elite combination of intelligence, logic, and courage. Courage is particularly important, because every decision that a CEO makes is based on incomplete information.”But making a decision only gets you so far, as a CEO must be able to get her company to actually follow through on the decision. Horowitz points to the leadership skills that compel and guide others to accomplish these things as being a fundamental part of what makes a good CEO. In other words, a CEO must build a strong team of capable, motivated individuals. But the CEO must also make sure that those individuals can focus on their work – and on the company’s mission – and not on bureaucracy or politics.Of course, it’s easy to be a rockstar CEO – if you set your standards low enough. And Horowitz notes that there’s a danger for CEOs “succeed” by setting objectives too low, but also a danger of “failing” by setting objectives too high. Horowitz closes by stating that “CEO evaluation need not be a byzantine, unstated art. All people, including CEOs, will perform better on a test if they know the questions ahead of time.” What other criteria would you add to a CEO’s evaluation? Why Tech Companies Need Simpler Terms of Servic… 8 Best WordPress Hosting Solutions on the Marketlast_img read more

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Rani Mukerji donned Sabyasachi’s outfit at wedding

first_imgThough her marriage to filmmaker Aditya Chopra was a hush-hush affair, actress Rani Mukerji has revealed that her wedding outfit was designed by friend Sabyasachi.Rani, 36, and the 43-year-old director married in an intimate ceremony in Italy this year.When asked whether she donned Sabyasachi’s lehenga on her D- day, the Bengali beauty, who was in the capital last night for the designer on the opening day of India Couture Week, said, “It had to be Sabya. He is my brother and a good friend.”Sabyasachi has not designed her look in her upcoming home production ‘Mardaani’ but Rani promised that she will be seen in his designs during the promotion of the crime drama.Rani Mukerji has revealed that her wedding outfit was designed by friend Sabyasachi.”I will be sporting loads of Sabyasachi during the promotion of ‘Mardaani’,” she said.The newly-married actress became nostalgic to be a part of Sabyasachi’s opening show.”I really enjoyed the show. We all have witnessed the beauty and magic he created on the ramp. When I say Sabya’s cloth I can only see his hardwork and sweat that go behind them.”Each time you come for the Sabya’s show it is better than the last time. The set which was designed in the form of a train really made me nostalgic,” the ‘Bunty Aur Babli’ star said.Sabyasachi kicked off the fashion extravaganza wit his new collection ‘Ferozabad’ last night.The ramp was decorated like the compartment of a luxury train and the designer beautifully depicted the humdrum of a train journey.advertisementModels sashayed down the ramp wearing sarees teamed with high-neck blouses, anarkalis, lehengas and shararas.Sabyasachi also brought the rugged look of men on the ramp back as they dazzled the runway in bandhgalas, embroidered trousers and khadi coats.The six-day fashion event will see nine of the country’s top designers — Anamika Khanna, Anju Modi, Gaurav Gupta, Manish Arora, Manish Malhotra, Monisha Jaising, Rina Dhaka, Rohit Bal and Varun Bahl — showcasing their work.Shree Raj Mahal Jewellers is the title sponsor this year and its designer jewellery collection will be seen on the ICW runway.last_img read more

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