Clicks goes off brand. Plus: SA’s cider craving
Description
In this episode, Bruce talks to Bertina Engelbrecht, CEO of Clicks, SA’s biggest pharmacy retailer. She details the group’s strong shift to private-label goods, generic medicines and exclusive products, and its strategy to cater for shoppers who range from low-income to “LSM 10-plus”.
Also on the show is Derek Szabo, outgoing group CEO of Signal Hill Products Group, which owns beer brands like Devil’s Peak, and which was part of a group that bought Strongbow cider from Heineken. The company has just invested in a multibillion-rand new brewery in Gauteng. He talks about how the group managed to survive after many other craft-beer makers imploded in recent years.
Markets legend David Shapiro of Sasfin gives his views on the violent correction in the gold price this week, as well as how South African consumers are shaping up. Certified financial planner Warren Ingram shares practical tips on building wealth.
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