Furniture and electrical goods retailer Lewis yesterday, 22 July 2009, received a “buy” rating from the Bank of America citing the group's proven business model and low cost base. 23 Jul 2009
About 700 commercial workers employed by mass discounters Makro, which includes Game and Dion outlets in Port Elizabeth, are expected to embark on a one-day strike on Friday, 24 July 2009. 23 Jul 2009
The South African Commercial, Catering and Allied Workers Union (SACCAWU) on Wednesday, 22 July 2009, said it had served wholesaler Massmart (MSM) with notices for protest action on Friday 24 July. 23 Jul 2009
South African agri-business Afgri said on Wednesday, 22 July 2009, that Afgri Operations and Laeveld Korporatiewe Beleggings, both wholly owned subsidiaries of Afgri, have reached an agreement, which if it becomes unconditional, will see the disposal of 11 retail branches in the Lowveld area to MGK Bedryfsmaatskappy. 22 Jul 2009
Tshivhase Tea Estates in Limpopo have launched Midi Tea, a 100% South African produced and packaged black tea. 22 Jul 2009
In times of volatility, collaboration forwards and backwards along the supply chain becomes imperative, not only to ensure that short term survival and service is sustained, but so that long term strategic considerations are not compromised. 22 Jul 2009
The South African Revenue Service (SARS) will in future have to pay interest on duty drawbacks and refunds, according to proposed amendments to the Customs and Excise Act. 22 Jul 2009
The R1,2-billion Mall of the North regional shopping centre in Polokwane is set to open in the first quarter next year with construction well under way. 22 Jul 2009
Set Top Boxes (STBs), which are to be used as part of the Broadcasting Digital Migration (BDM) process, are likely to be available at retail stores during the first half of 2010. 22 Jul 2009
Some vehicle parts suppliers were in danger of going bankrupt due to the persistent liquidity crisis, while others were becoming acquisitive targets, industry players said Monday, 20 July 2009. 22 Jul 2009
NEW YORK: Global beverage giant Coca-Cola on Tuesday, 21 July 2009, reported forecast-beating quarterly profit, aided by strong volume growth in emerging markets like China and India. 22 Jul 2009
Since January 2008 wheat costs have come down, but bread prices have not. 22 Jul 2009
In today's online environments, a bad customer experience can become visible more quickly and have more lasting consequences than ever before. 22 Jul 2009
The new Protea Hotel Melrose Arch, situated in the vibrant Melrose Arch Precinct will be opening in the first quarter of 2010, with the aim to become an economical option for frequent business travelers to this burgeoning hub. 21 Jul 2009
TomTom, a leading provider of navigation solutions and digital maps, is launching a navigation device designed especially with women in mind. 21 Jul 2009
SMS is used more in customer relationship management (CRM) in developing countries such as South Africa than in other markets because more individuals have cellphones than internet access. 21 Jul 2009
BRUSSELS: The European Commission will reject any freeze or cut in milk prices despite demands from France and Germany and dairy farmers hit by falling prices, according to a draft document. 21 Jul 2009
George is gearing up for two food festivals sure to please the palate of both savoury and sweet lovers. 21 Jul 2009
SAN FRANCISCO, USA: Barnes & Noble on Monday, 20 July 2009, launched what it bills as the world's largest online electronic book shop with virtual shelves holding more than 700,000 titles. 21 Jul 2009
The Department of Trade and Industry has had to abandon plans to rescue the Frame Group, the textile arm of SA's largest clothing manufacturer, Seardel, after it failed to convince an Asian foreign investor to take up a stake in the failed company. 21 Jul 2009