A company implicated in a dairy industry cartel has turned against its rivals, agreeing to testify against them in a hearing to start before the Competition Tribunal today. 19 Jan 2009
The global economic recession, affecting the United States in particular, is causing significant outflows of capital as investors retreat to pump money into their domestic markets, says Finance Minister Trevor Manuel. 16 Jan 2009
Foschini said on Friday that Christmas trading was above expectation across all divisions with sales growth for December of 9.9% and same store growth of 3%. 16 Jan 2009
Dr Eddie Stoop, CEO of the Elite Group (a wholly owned affiliate of AltX listed group, African Dawn Capital) said loan sharks charging up to 60% a month interest were continuing to flourish despite the introduction of the National Credit Act which strictly forbids such practices. 16 Jan 2009
The Coca-Cola dome has appointed Delmont Caldow Caterers as its exclusive five-star banqueting caterers. 16 Jan 2009
Two milk processors will on Monday raise issue about “serious irregularities” on the part of the Competition Commission in an investigation which led to eight players in the dairy industry being accused of collusion and price-fixing. 16 Jan 2009
Nola, a division of Foodcorp, has re-launched its leading pet food brand Bobtail with a new look and an extended product line to further entrench their position in the market. 16 Jan 2009
Mobile handset maker Motorola said Wednesday it will cut 4,000 more jobs in 2009, in addition to 3,000 it announced in October. 16 Jan 2009
It seems that the great Chinese dragon is wounded and its shadow over the global apparel and textile industries (T & A) has diminished albeit only slightly. Injured in the collective repercussions of the economic turmoil the world is experiencing, it will retreat, develop new strategies and incentives to reappear once again in the hope of retaking, through its new found power and manipulation, diminished markets to feed its nation and avert any social unrest due to massive job losses in its export orientated industries. 15 Jan 2009
Last spring, Sony appeared to score a decisive blow in the high-definition video sweepstakes when its Blu-ray video format won the endorsement of Hollywood studios and major retailers, claiming victory over Toshiba's rival HD-DVD format. 15 Jan 2009
Although South African motorists can for the moment enjoy the sudden travellers euphoria after the price of unleaded 93 octane dropped by R1.36 in January, fuel increases in 2009 are likely on the horizon some economists believe. 15 Jan 2009
The top three retailers in each retail sector 2009.
Source: Verdict Research
LONDON, UK: The credit crunch may well be changing people's shopping habits but a poll of over 6,000 consumers carried out by Verdict Research reveals that department store chain John Lewis remains the nation's favourite retailer. 15 Jan 2009
Blockbuster is stamping its brand on CinemaNow's system for delivering movies over the Internet, providing the video rental chain with another avenue for reaching consumers who want to rent and buy movies without traveling to a store. 15 Jan 2009
Have you noticed your inboxes are filling up faster lately with promotions from businesses desperate to get your attention? If you're like me and getting bombarded with multiple promotions, then your first inclination is to just tune them out, click delete and move on to the business of the day. 15 Jan 2009
The Gallagher Convention Centre in Midrand will serve as a temple to the cocoa bean between 20 - 22 March 2009 for the annual Chocolate Festival, a platform where exhibitors can showcase, and visitors experience, every possible incarnation of chocolate. 15 Jan 2009
Fashion and furniture retailer Mr Price said yesterday it recorded sales growth of 20.3% for the three months to December, continuing the trend started by other retailers who have already reported buoyant sales particularly during the just-ended festive period. 15 Jan 2009
The United States Department of Agriculture has announced details of the final regulation for the mandatory country of origin labelling (COOL) program required by the 2002 and 2008 farm bills. 15 Jan 2009
The Ministry of Finance is once again inviting all South Africans to send their tips to the country's Finance Minister on what they would like to see included in the country's Budget, to be delivered next month. 15 Jan 2009
Demand for packaging machinery forecast to grow 5.2% annually. 15 Jan 2009
Economists agree that as the global recession takes hold and economic growth comes under threat, interest rates are set to drop spurring a revival in South Africa's property market by early 2010. 15 Jan 2009
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