Bajaj launches new ultra-low-cost car

NEW DELHI, INDIA: Indian manufacturer Bajaj Auto unveiled an ultra-low-cost car on Tuesday 3 January, its first foray into the four-wheel market, pitching the vehicle as a solution to urban pollution and congestion. 6 Jan 2012 08:41

SA crude steel production falls 13.7%

South African crude steel production fell 13.7% year on year in November to an estimated 550 000 metric tons, latest figures from the World Steel Association reveal. 6 Jan 2012 07:25

Shared battery technology may up demand for electric cars

The McGill Daily reports that Hydro-Québec, a Montreal-based, government-owned public utility that is responsible for the generation, transmission and distribution of electricity across Quebec, and Technifin, a subsidiary of the South African Council for Scientific and Industrial Research (CSIR), have agreed to share the intellectual property (IP) rights to their respective lithium-based technologies. 2 Nov 2011 07:05

Bizcommunity

Bizcommunity launches new dedicated sectors, newsletters

Bizcommunity.com - South Africa's largest online B2B publisher - is set to grow even more with the introduction of 16 new content channels, with weekly newsletters, as from last week Tuesday, 20 September 2011. 20 Sep 2011 15:45

World Economic Forum on Africa poised for take off

GENEVA, SWITZERLAND / CAPE TOWN, SA: The World Economic Forum has announced that more than 900 participants from 60 countries will participate in the 21st World Economic Forum on Africa in Cape Town, South Africa, 4-6 May 2011. Jacob G. Zuma, president of South Africa, will host the meeting, where participants will gather to deliberate under the theme From Vision to Action, Africa's Next Chapter. 29 Apr 2011 10:40

Uncertainty about transfer pricing rules in Africa a concern for foreign companies

Companies doing business in Africa face several uncertainties, including how tax authorities will handle transfer pricing (TP). It is vital that organisations prepare comprehensive documentation to demonstrate their application of the arm's length principle and the procedures followed. 5 Apr 2011 12:05

Big opportunities for big clothes

LONDON, UK: A quarter of all ladies' clothes sold in the UK in 2011 will be plus size*, as women are getting larger, finds Verdict, one of the Datamonitor group of companies. 5 Apr 2011 08:59

Opening trade with central Europe

The Visegrad group, consisting of a four central European countries, Poland, Slovakia, Czech Republic and Hungary, addressed the business community of South Africa at an investment seminar in Cape Town at its headquarters on 31 March 2011 to introduce trade and investment opportunities, within various sectors, between these countries and South Africa. 4 Apr 2011 12:06

Renewable M&As market rallies

LONDON, UK: North America's switch on to energy efficiency has driven their position in the global renewable M&A market in the last 12 months, and could act as a driver for the region to become the dominant renewables market within three years, according to new analysis by PwC. In Europe, however, regulatory uncertainty clouds European deals. 29 Mar 2011 08:50

Lenovo, NEC create Japan's largest PC group

TOKYO, JAPAN: Lenovo and NEC Corporation (NEC) have announced a strategic relationship that creates a joint venture between the two companies and forms the largest PC group in Japan. Both companies are also exploring strategic cooperation in other areas. 31 Jan 2011 09:36

Business benefits from competitive energy market

LONDON, UK: UK businesses are reaping the rewards of an extremely competitive energy market, as new market entrants and specialist small providers drive up standards and lower costs, according to latest research from independent analyst, Datamonitor*. 31 Jan 2011 09:28

Unemployment, inflation worries hit consumer confidence

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

Craft beers bubble over in popularity

CHICAGO, US: While spirits barely edged out beer as the most popular alcoholic beverage enjoyed by consumers between 2009 and 2010, the market has hardly fallen flat. According to latest research from Mintel, domestic beer is the clear favourite, followed by imported varieties; but 33% of all beer drinkers aged 21 and up are drinking less imported beer because they're drinking more domestic craft beer instead. 5 Jan 2011 10:17

Logistics sector 2030: Africa and Asia to reshuffle the cards?

LONDON, UK: The dynamic economic development of emerging markets will fundamentally change world trade by 2030, leading to the emergence of new logistics service providers to challenge the market share of established companies. 30 Nov 2010 08:26