Busa has welcomed the decision by the Reserve Bank to cut the repo rate by 0,5% as being the right move in present economic circumstances. The organisation believes that even though the cut is a modest one, it will send a positive message to consumers and the business community that an upper turning point in the interest rate cycle might now have been reached. 15 Dec 2008
While the world is still speculating whether cellphone banking will be the next big thing, First National Bank says it has positioned itself to be progressive in its adoption of the technology and claims that around 2,500 new customers a day are now adopting their various interactive cellphone banking offerings across its Southern African subsidiaries. 15 Dec 2008
LG Electronics (LG) held the final prize-giving ceremony of the "2008 LG Global Home Chef Awards" on 10 December 2008 with South African journalist and Food Editor for Your Family placing first out of 15 global finalists. 15 Dec 2008
Bell's Extra Special Old Scotch Whisky will donate R1-million to the South African Disabled Golf Association (SADGA) when the first pro golfer hits a hole-in-one on the par 3, 15th hole on the 3rd and 4th days of the 2008 SA Open Championship. 15 Dec 2008
During economic uncertainty and recessions, marketing budgets are usually the first to be cut. However Director of InZalo Communications Bridget von Holdt explains in doing so you reduce the number of people whose attention you capture, reducing your potential market. 12 Dec 2008
Eliance, a national provider of comprehensive business solutions targeting the automotive sector, has launched a new web portal called CarsOnline (www.carsonline.co.za) to bolster levels of service, boost sales and address challenges within the automotive trade. The information management company believes the online initiative will benefit both vehicle retailers and consumers alike. 12 Dec 2008
For many women, shoes and not diamonds are a girl's best friend. Ask Penny Mubaiwa, owner of Amaranth Exclusive, an upmarket shoe boutique that specialises in imported footwear from Brazil. 12 Dec 2008
PetroSA is pleased to announce that the company posted a record R11 billion in revenue for the for the 2007/08 financial year. 12 Dec 2008
The SA Reserve Bank Monetary Policy Committee's (MPC) decision to reduce its policy repo rate by 50 basis points should imply a drop in prime rate from 15.5% to 15%. This would mean a decline in a prime rate instalment repayment (monthly compounded) of R185 per month on a R500,000 - 20 year bond, and R371 reduction on a R1 million bond. 12 Dec 2008
Aggressive pricing and pre-Christmas markdowns are the ways that retailers are hoping to survive what is likely to be a tough Christmas period. 12 Dec 2008
Industry experts, including executives in both the Coca-Cola and Pepsi systems, have said new packages must be introduced to give consumers more options and help bottlers improve profits. 12 Dec 2008
Packaging and traceability are cited as key components in regaining public's trust. 12 Dec 2008
The 19th and 21st centuries are working together to make a very special project a reality. Transported in turn-of-the-last-century miners' lamps and guided by DHL's logistics management skills, the Flame of Hope for the 2009 Special Olympics World Winter Games (SOWWG) is making its way safely around the world. 12 Dec 2008
The Reserve Bank has reduced the repurchase rate by 50 basis points to 11.5% per annum with effect from today, 12 December 2008. It's welcome news for homeowners and those paying off vehicles, credit cards and other debts. 12 Dec 2008
Moir's Baking Powder has embarked on a fresh advertising campaign to drive the promotion of the product in 2008 and 2009. Its new pay-off line, “Moir's Baking Powder - Rises to Every Occasion”, will be communicated with primary focus on lower LSM consumers and regional focus on specific SKUs. 11 Dec 2008
South African Breweries (SAB) has featured prominently in a recent Enterprise Development Report published by SABMiller, one of the world's leading brewers. The report highlights the work of SABMiller's subsidiaries in creating sustainable economic opportunities for small entrepreneurs throughout its supply chain. 11 Dec 2008
For the third consecutive year, Ken Forrester Wines has been awarded the prestigious Platter 5-star accolade, with its internationally acclaimed Chenin Blanc, The FMC 2006, crowned in the 29th edition South African Platter's Wine Guide for 2009. This completes the hat-trick after the Ken Forrester T-Noble Late Harvest 2005 and The FMC 2005 made this star-studded listing respectively in the two previous editions. 11 Dec 2008
Abrie Beeslaar of Kanonkop, who has just been voted International Winemaker of the Year for 2008 at the International Wine and Spirits Competition in London, is the latest member to join the prestigious Cape Winemakers Guild (CWG). 11 Dec 2008
Five years ago, Mark Goldstein and three partners recognized that loyalty programs were becoming a cottage industry. Coming up with the right way to manage those programs, he believed, would be a neat trick. So would finding an effective way to lure in customers. 11 Dec 2008
Cape Wools on Wednesday said that wool prices were up at its last sale before the Christmas break. 11 Dec 2008
