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While financial cybercrime against card-not-present retailers has many forms, "friendly fraud" has emerged as a particularly painful thorn in the side of e-commerce merchants. Defined as a situation in which a customer disputes a legitimate credit card transaction, falsely claiming fraud or non-delivery of goods, friendly fraud is extremely hard for retailers to identify and nearly as costly to their business as criminal fraud. 19 Aug 2010
Brewer SABMiller plc announced on Wednesday, 18 August 2010, that its Ghanaian subsidiary, Accra Brewery (ABL) Limited, wants to de-list from the Ghana Stock Exchange in order to implement a business recovery programme. 19 Aug 2010
Following a considerable rise in May, growth in wholesale trade declined from an upward revised 3.6% year-on-year (y/y) in the previous month, to 2.6% y/y in June, according to data released on Wednesday by Statistics South Africa. 19 Aug 2010
Consumer electronics drives growth
NUREMBERG, GERMANY: The results of GfK TEMAX Germany for the second quarter of 2010 indicated that the total market in Germany for technical consumer goods ended the second quarter of the year with substantial growth of 4.8%, with total sales worth €9.9 billion (about R92.2 billion). 19 Aug 2010
New marketing brand for Swartland
A familiar brand, with more than 60 years of producing quality and good value wines, Swartland Winery products has launched a major marketing campaign highlighting the uniquely natural way wines are produced for its brands. 19 Aug 2010
GlassExpo Africa conference offers international line-up
To inform, debate and discuss the role that glass can play in achieving an optimal and sustainable building solutions, from opportunities to applications and legislation, an impressive line-up of local and international speakers have been invited to talk at GlassExpo Africa Conference. 19 Aug 2010
Distell in top 100 ranking
Amarula, from Distell, has been ranked as one of the world's fastest-growing spirit brands by Drinks International. Data for the listing is researched by Euromonitor International and covers sales for the 2009 calendar year. Also accorded SuperBrand status by the SuperBrand Council of South Africa, it is featured as the seventh biggest liqueur on the 2010 Drinks International Millionaire's List, which ranks the world's biggest-selling spirit brands. 19 Aug 2010
Retail trade sales in June rose by 7.4% after a higher than expected rise of 4.5% in May, according to figures released by Statistics South Africa (Stats SA) on Wednesday, 18 August 2010. 18 Aug 2010
The 30th Summit of Heads of State and Government of the Southern Africa Development Community (SADC) closed on Tuesday, 17 August 2010, with an affirmation to consolidate timelines for the establishment of the Free Trade Area (FTA) and speeding up preparations towards a Customs Union. 18 Aug 2010
UK's first in-car tai chi guide launched to beat driving stress
LONDON, UK: Leading used car website motors.co.uk has launched the UK's first in-car tai chi guide to help car buyers keep calm behind the wheel after new research revealed that more than one in three motorists and almost half of all men, find buying a car stressful. 18 Aug 2010
Food retailers aim for quality organic produce
South African food retailers are taking strides to ensure that their offerings meet the rising consumer preference for organic and locally produced produce. 18 Aug 2010
The UK Trade & Investment, which facilitates trade between South Africa and the UK and assists South African companies to establish a physical presence in the UK through a range of complimentary services and advice about doing business in the UK, has organised a trade visit by Professor Janet Bainbridge. 18 Aug 2010
Final RAC Lite lineup
RAC Lite 2010, the one-day version of the American Retail Advertising Conference, being presented by Caxton and CTP Publishers & Printers on 24 and 26 August, has announced its final two speakers in the lineup, Dr Azar Jammine and Mark Andeer. 18 Aug 2010
Liezel van der Westhuizen is face of Bensimon
Serge Bensimon launched the Bensimon Collection 25 years ago in Paris and the label, which came to South Africa this year, has selected Liezel van der Westhuizen as the face of Bensimon in South Africa. 18 Aug 2010
Owl Post Pinotage out from Neethlingshof
Neethlingshof has released its 2008 Owl Post Pinotage, which was aged for 14 months in 40% new Hungarian oak, and 20% American and 40% French second-fill barrels. It was then blended, bottled, and given enough time for all the components to meld before being released onto the market. 18 Aug 2010
South Africa's successful hosting of the 2010 FIFA World Cup has put the spotlight on South Africa as the powerhouse of Africa and the springboard to the rest of Africa. International franchise brands have already shown interest in bringing their concepts to South Africa, as part of their global franchise expansion plans and the Franchise Association of South Africa (FASA) will do all it can to promote South Africa as an investment option when it participates at the World Franchise Council Meeting in South Korea in October 2010. 18 Aug 2010
Packaging company Transpaco said yesterday, 16 August 2010, that although yearly operating profit to June was up on the year before, it was disappointed that little profit was generated from its retail packaging business during the Soccer World Cup. 17 Aug 2010
South African retail trade sales at constant (2008) prices for June 2010 are expected to increase to 7.4% year-on-year (y/y) from 4.6% in May, according to a survey of leading economists by I-Net Bridge. 17 Aug 2010
Bitter accusations and fiery exchanges marked yesterday's Competition Tribunal hearing into South African Breweries (SAB) after the boss of one of the country's largest retail chains accused the brewing giant of getting a "free ride" by not paying companies such as his a fee to distribute beer. 17 Aug 2010
Back-to-school bargains: uniform prices lower than ever
The cost of school uniforms in the UK has fallen again in 2010 and prices are now lower than ever before, says new research from Verdict. 17 Aug 2010
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