[Zeenat Moorad] The approval of the Wal-Mart/Massmart deal will go down as the highlight of the retail sector in 2011.
6 Jan 2012 08:19
NEW YORK, US: Global online consumer confidence fell for the seventh consecutive quarter as confidence in 31 of 56 global markets measured declined, according to
from Nielsen, a leading global provider of insights and analytics into what consumers watch and buy.
9 Nov 2011 09:36
[Gregory Gondwe: @Kalipochi] TransUnion, a global credit and information management organisation, has acquired majority shareholding in CRB Holdings Limited, signifying its bold expansion steps into Africa.
28 Oct 2011 11:19
Fresh Living, the food magazine on South African shelves, continues to expand on its African footprint as it goes on sale this month in Mauritius.
10 Oct 2011 11:27
The First National Bank (FNB) Namibia have introduced a new Lifestyle Banking offering to its consumers, with a Z-Card produced by Pocket Solutions.The new offering provides consumers with four different lifestyle accounts.
27 Sep 2011 13:18
Core Group, the value added distributor of Apple in Southern Africa, announced last week that Incredible Connection Windhoek will be the first official Apple authorised reseller of iPad in Namibia.
29 Aug 2011 10:47
The global payment service company, Western Union, announced yesterday 23 August 2011 that it plans to expand its global agent network to Namibia.
24 Aug 2011 09:16CAPE TOWN: The first phase of setting up a free trade area across 26 countries in Africa is expected to come into effect in three years, trade and industry minister Rob Davies said on Monday, 13 June 2011.
14 Jun 2011 12:00
[Michael Bleby] Walmart may face a further hurdle in its bid to acquire local and regional retailer Massmart, after Namibia's antitrust body said it may appeal against a recent high court ruling in the US company's favour.
20 May 2011 07:08
[Herman Manson: @marklives] A billion Africans and 50 million bank accounts. In South Africa, credit cards are used by only 16.5% of the population (2008). No African country comes close to 1% of total retail spend spent online - the magic figure which constitutes the tipping point for digital retail growth. No wonder, then, that the ecommerce market in Africa hasn't bloomed.
12 May 2011 18:55
The world's largest retailer Wal-Mart has confirmed that the High Court of Namibia has unanimously upheld its application to invalidate all conditions attached by the Namibian Competition Commission on its approval of the proposed acquisition of Massmart (MSM).
3 May 2011 10:27
JOHANNESBURG: Scooters Pizza has opened a store in Windhoek, Namibia - its first foray out of South African borders. According to CEO of Taste Holdings Food Division, Christo Calitz, Namibia's economy has steadily grown since independence from South Africa in 1990, and Windhoek's burgeoning new market provides a perfect base for Scooters Pizza to expand and increase its market share, in line with the brand's expansion goals.
16 Feb 2011 11:10
NEW YORK, US: Consumer confidence fell in 25 out of 52 countries in Q4 2010 as hope for a global economic recovery evaporated at the end of last year, according to the latest edition of the Nielsen
Global Consumer Confidence Index, which tracks consumer confidence, major concerns and spending intentions among online consumers.
27 Jan 2011 11:00
NEW YORK, US: After an upbeat start to the year with two consecutive quarters of increases in optimism, global consumer confidence fell three points in September to an Index of 90 as consumers' hopes for a full economic recovery this year fades in most parts of the world, according to the latest edition of the Nielsen
Global Consumer Confidence Index.
27 Oct 2010 06:22