At a media briefing held in Sandton yesterday, 18 March 2010, Chris Wells, Transnet's acting chief executive, announced the targets of the company for the new financial year, which starts next month, and detailed its agenda, including projections, for the next four years - a first for the company. 19 Mar 2010

"The management team at Morningside Shopping Centre has identified areas of improvement in and around the centre and is in the process of creating an environment that will be beneficial to our shoppers," says Annie Philippeos, centre manager, commenting on the current changes in the centre. These include easier access to and from the centre as well as the weatherproofing of the interior with the onset of winter. 19 Mar 2010

JAKARTA, INDONESIA: Indonesian palm oil giant Sinar Mas rejected claims of environmental vandalism on Thursday, 18 March 2010, after Nestle, the world's biggest food company, dropped it as a supplier. 19 Mar 2010

Famous Brands' acquisition of the Black Steer and Bulldog Pub & Grill trademarks and franchise agreements was a surprising move for a company that prides itself on the ability of its brands to “surprise and delight” its customers. 19 Mar 2010

BASEL, SWITZERLAND: After a difficult 2009, luxury watchmakers and jewellers said there was a glint of recovery in the sector but warned that the "years of extravagance are over." 19 Mar 2010

Improving consumer confidence seems to be the biggest driver of the sudden interest in South African retail stocks. 19 Mar 2010

Distell purchased the Bisquit cognac brand in 2009 from the Pernod Ricard Group and have so far released the VS Classique and VSOP Fine Champagne in South Africa. The XO Excellence will be released later. The Classique retails for around R265 and the VSOP at around R445.
19 Mar 2010