Dear readers, it’s that time again when you get the opportunity to vote for Daily Maverick’s People of The Year. Unlike next year’s elections when you only get to vote for political parties and independent candidates, in this election you get to vote for a broad range of remarkable, amazing,wic.
Pick n Pay’s 5.4% increase in turnover in the 26 weeks to 27 August isn’t terrible, but a drop in the gross profit margin from 19.4% to 18.5% certainly is. When combined with a surge in trading expenses of 13.7%, the result is a drastic 97.5% decline in trading profit.