Clothing and textile manufacturer Seardel Investment Corporation says its headline loss per share for the nine-month period ended 31 March 2009 is expected to be between 43 cents and 48 cents, and the attributable loss per share to be between 61 cents and 67 cents. 11 May 2009
Mass retailer Massmart iss continuing with its strategy of investing for the future despite the recession in the retail sector but would change its tactics to take advantage of new opportunities, CEO Grant Pattison said recently. 11 May 2009
Many companies are facing the toughest economic landscape in generations. Driven by the housing market landslide and seizure of the global credit markets, economies the world over have slipped into retrenchment and recession. Even the most positive economic forecasts predict continued retraction through 2009, with best-case scenarios describing a slow-but-steady recovery for 2010 and beyond. 11 May 2009
Headline Leisure Management (HLM), the outsourcing bar and food service brainchild of Fournews Developments, has been awarded the tender for the Master Concessionaire Rights for the 2010 FIFA World Cup, as well as the upcoming FIFA Confederations Cup 2009, after a 12-way pitch. 11 May 2009
Moir's is launching two retro-inspired ranges of jellies and instant puddings, aimed at invoking fond memories of truly South African favourites just like Grandma used to make. 11 May 2009
The South African Reserve Bank issued a warning to consumers, this week, that they should not take the current easing policy as a signal that they can now get into debt and use credit cards incautiously, or to pay down debt. 8 May 2009
A total of 83 graduates, who have successfully completed their studies in social forestry, agri-business, crop and animal production at Fort Cox College in Port Elizabeth, will receive their qualifications on today, 8 May 2009. 8 May 2009
Any woman who's ever looked at herself in the mirror and wished she could look slimmer instantly is about to have her wish granted. Woolworths is introducing a range of clothing and lingerie designed to take centimetres off those all-important areas of midriff, tummy, hips, thighs and derriere - instantly. 8 May 2009
Massmart's Game and Dion Wired stores have embarked on a campaign that aims to save 100,000 lives by urging their employees to become active blood donors in the build-up to the 2010 FIFA World Cup football tournament in South Africa in June next year. 8 May 2009
A pledge to at least halve the cost of phone calls and internet access has been announced by First National Bank (FNB) in a surprise move that pits it against traditional telecoms operators. 8 May 2009
South Africans spent more money eating out in February than they did drinking at pubs, data from Stats SA showed Thursday, 7 May 2009. 8 May 2009
Rice Krispies-maker, Kellogg's, is not worried about the proposed advertising regulations. Snap, Crackle and Pop are here to stay. 8 May 2009
Trouble is brewing once again for Magwa tea estate in Lusikisiki which had to be bailed out to the tune of R16 million by the Eastern Cape government. 8 May 2009
NEW YORK: Wal-Mart will not be prosecuted over the trampling to death of an employee during a stampede by shoppers last year, the world's largest retailer and prosecutors announced on Wednesday, 6 May 2009. 8 May 2009
Recently I reviewed the striking case of a corporation that has ignored over 100 complaints from customers in the past few months. Ignoring customer feedback and turning away business in these volumes seems incomprehensible to me, especially in this economic climate. 8 May 2009
Canderel is launching DélicéO, a low calorie taste sensation from France, to flavour and energize still water without the added sugar and carbohydrates. 7 May 2009
While scores of real estate franchises close up shop as a slump in the property market takes it toll, one of the world's largest property groups is offering locals an opportunity to win a free business. 7 May 2009
Fitch Ratings says the outlook for South Africa's retail sector remains weak as the economy continues to contract in 2009. Fitch believes a sustained recovery for the broad retail sector is unlikely before 2010. 7 May 2009
South African food group Tiger Brands said on Wednesday, 6 May 2009, that for the six months ended March 2009, it expects its headline earnings per share from continuing operations will reflect an improvement of between 5% and 9% compared to that achieved in the corresponding period of the previous financial year. 7 May 2009
A Westering home was raided on Tuesday when police discovered a couple had been illegally brewing and selling beer using a make-shift brewery in their backyard for about three to four weeks. 7 May 2009
