After having denied any knowledge or participation in the bread price-fixing scandal during the hearing on Monday, Sasko's GM for the baking division, Andries (Charl) Goosen, on Tuesday, 23 June 2009, admitted to lying to the Competition Tribunal regarding the date on which the issue of collusion was brought to his attention. 25 Jun 2009
The Producer Price Index (PPI) registered deflation of 3.0% year-on-year (y/y) in May from inflation of 2.9% y/y in April, Statistics South Africa (Stats SA) data today showed. This is the ninth consecutive decrease in the producer price inflation headline number. 25 Jun 2009
Designers and crafters are getting ready to show their wares at the first ever Eastern Cape Fashion Week. The fashion week is the brainchild of Port Elizabeth fashion designer Xoliswa Hudson who says she hopes to attract attention to local talent. 25 Jun 2009
The Consumer Price Index, used to measure inflation, dropped to an expected 8% in May, reported Statistics South Africa (Stats SA) on Wednesday, and economists believe this trend is likely to continue. 25 Jun 2009
STOCKHOLM: Swedish furniture giant Ikea has cut 5,000 jobs worldwide due to the global economic crisis but expects to post record sales nonetheless, its chief told a Swedish newspaper on Tuesday, 23 June 2009. 24 Jun 2009
100 Reserve vintage brandy is relaunching with a brand new look to highlight the unique authenticity of the brand. Produced by Oude Molen, the smooth, oak-matured premium brandy is described as dynamic and progressive. 24 Jun 2009
An Independent benchmark study, commissioned by the Department of Communications has found that telecommunications costs in the country are still way too high in comparison to other countries. 24 Jun 2009
Local Organising Committee Chairperson, Irvin Khoza, has warned those who have been duplicating FIFA Confederations Cup tickets, that they will face the might of the law. 24 Jun 2009
FNB Insurance Brokers on Tuesday, 23 June 2009, announced the appointment of Johan Nagel as its new chief executive. 24 Jun 2009
In the current economic downturn, the cumulative cost of lost customers and failed sales can be incalculable - yet many businesses still hesitate to take steps that would significantly reduce these risks. 24 Jun 2009
WASHINGTON: US semiconductor giant Intel and Finnish mobile phone maker Nokia announced on Tuesday, 23 June 2009, that they had entered into a "strategic relationship" to develop futuristic mobile computing devices. 24 Jun 2009
Cape Town is to get its first lifestyle, or fashion, hotel when Rezidor opens an upmarket Missoni hotel in the city centre in the middle of next year. 24 Jun 2009
The decision to increase Sasko's bread price was based on operational costs and not the result of price fixing by a cartel, the Competition Tribunal heard on Tuesday, 23 June 2009. 24 Jun 2009
If customers are approached in the right way and at the right time, cross-selling can be a breeze. The trick is to understand the customers' needs and present them with the right solution when they're most likely to be receptive to your suggestion. Cross-selling mistakes, on the other hand, can jeopardise the entire sale. 24 Jun 2009
Minister of Energy Dipuo Peters is opposed to Eskom's application for she calls “a large tariff increase” as it's expected to negatively impact on the poor, especially during the current difficult economic times. 24 Jun 2009
Sunday Times and Foodcorp are inviting South African chefs to explore the flavours of Africa with the 2009 Food Awards at Foodcorp's new innovation centre, The 7th Floor, situated in Black River Park, Observatory, Cape Town on 2 and 3 September 2009. 24 Jun 2009
WASHINGTON: US President Barack Obama on Monday, 22 June 2009, signed a bill into law giving the government historic powers to curb cigarette makers, declaring the move emblematic of the change he is bringing to Washington. 23 Jun 2009
Saskos's GM for the baking division, Andries Goosen, on Monday, 22 June 2009, pleaded ignorance to the group's alleged participation in violations of competition law through price-fixing and division of bread markets. 23 Jun 2009
Nestlé South Africa is relaunching its popular Smarties brand - this time made with non-artificial colours. 23 Jun 2009
NAIROBI: Africa's regional trading blocs have developed a new strategic partnership to boost the continent's exports. 23 Jun 2009
