Tiger Brands said on Tuesday, 22 September 2009, it is launching an accelerated bookbuild placing of 10.327 million ordinary shares of Adcock Ingram Holdings to global and South African institutional investors. 23 Sep 2009
ROME, ITALY: Milan Fashion Week kicks off today, Wednesday 23 September 2009, under an economic cloud as a sharp drop in exports of Italian ready-to-wear women's apparel has put tens of thousands of jobs on the line. 23 Sep 2009
The poster ‘Pinkie', designed for Checkers by NINETY9Cents, was the only piece of work to be recognised in its category (Posters) and took silver at the Pendoring Awards last week. As a new agency, in existence for a year this month, the award was doubly gratifying. It was part of the below-the-line campaign for Checkers, to give the retail giant and its wine offering a presence at the Wacky Wine Weekend and the KKNK (Klein Karoo National Arts Festival). 23 Sep 2009
In the current economic climate, there is much focus on Business Process Management (BPM) and how and why it is needed to improve and transform business. However, to merely use BPM in any form as a cost- or risk-reduction strategy is to squander the real competitive advantages that it can bring. 23 Sep 2009
In November, the Foschini Group will be launching its own range of gift cards, which can be used in its 1600 stores countrywide. The gift cards are not just about convenience and choice, each of the eight cards designed by Am I Collective, is a miniature work of art and themed to appeal to different consumers and celebratory occasions. 23 Sep 2009
“Unquestionably, the reduced availability to finance is the single, biggest factor holding back the housing market right now,” states Dr Andrew Golding, CE of the Pam Golding Property group. He was commenting after the Monetary Policy Committee's decision on Tuesday, 22 September 2009, that the repo rate would remain unchanged, saying a reduction in the repo rate would have helped provide a catalyst to stimulate a badly depressed housing market. 23 Sep 2009
The Cape Town Fashion Council (CTFC) developed a competitiveness programme for the fashion industry to uplift local fashion brands and turn their creativity into viable businesses. Having selected five finalists, the CTFC is now calling for mentors to assist from October 2009 to March 2010 in South Africa's first such pilot project. 23 Sep 2009
The South African Reserve Bank (SARB) on Tuesday, 22 September 2009, decided to keep the repo rate unchanged at 7%, much to the disappointment of many South Africans. 23 Sep 2009
Retail sales for July are much better than expected and this number points to the economy exiting recession during the third quarter, according to Nomura economist Peter Attard Montalto. 22 Sep 2009
In less than three days, phase one of the much anticipated Hemingways Mall will officially open, three years after construction started. 22 Sep 2009
PARIS, FRANCE: A French court ordered online auction site eBay to pay €80,000 (US$118,000) to Louis Vuitton for selling fake luxury perfumes, LVMH said. 22 Sep 2009
The Cape Craft and Design Institute (CCDI), a Section 21 company set up by the Western Cape Province and the Cape Peninsula University of Technology, is rolling out a range of programmes to support the 1400 craft enterprises on its database and help them maximise 2010 marketing opportunities. 22 Sep 2009
Braai4Heritage is a non-profit initiative that encourages all South Africans to celebrate Heritage Day (aka National Braai Day), 24 September 2009, with a good old braai. Aligning itself as the perfect accompaniment, Pioneer Foods ready-to-eat salad brand, Werda, has jumped on board as an official sponsor of the day. 22 Sep 2009
South Africa is widely expected to commit to a carbon emission reduction roadmap at the United Nations Climate Change Conference in Copenhagen from 7-18 December 2009. 22 Sep 2009
The redevelopment of R600 million multi-use Firs and Hyatt complex in Rosebank is bringing 4100 sqm of specialty retail and restaurant space on stream, along with 8200 sqm of premier offices, all enhanced by the luxury Hyatt Regency hotel. The AAA-grade offices are already 60% let and have attracted Standard Bank as a major tenant. 22 Sep 2009
SA Olive, the governing body of the olive industry and Consol, the competition sponsor, announced the results of the 2009 SA Olive Awards on Wednesday, 16 September 2009. This year's entries saw a 54% increase over 2008, as entrants competed in Commercial and Boutique classes of olive oil and 10 extra virgin olive oils were named the finest of the current South African vintage. 22 Sep 2009
The Consumer Price Index (CPI), used to measure South Africa's inflation, continued on its downward trend in August, falling 6.4%, Statistics South Africa (Stats SA) announced on Tuesday. 22 Sep 2009
Pretoria - Retail trade sales for July 2009 fell by 3.9% compared to the same time last year, reported Statistics South Africa (Stats SA) on Monday, 21 September 2009. 21 Sep 2009
Retailer Truworths International has announced the resignation of Quentin Scorgie, the incumbent chief financial officer, as director of the company and its subsidiaries with effect from 30 October 2009. 21 Sep 2009
Textile exports from China to South Africa remained constant over the past few years, Chinese Assistant Minister Zhai Jun said in Pretoria last week. 21 Sep 2009
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