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Shoprite competition closes in
[Stafford Thomas] "Shoprite has taken advantage of the strong rand to invest in a lot of real estate in Africa by opening 16 additional stores in Nigeria this year and planning three new stores in Ghana," says Shoprite CEO Whitey Basson. 28 Feb 2011 09:30
Green Cross, Armani partner in safe drinking water initiative
GENEVA, SWITZERLAND: Green Cross International (GCI) and Giorgio Armani have entered into a partnership to promote access to safe drinking water through GCI's Smart Water for Green Schools project in Ghana. A support and solidarity network has been devised around Acqua di Gio and Acqua di Gioia, two of Giorgio Armani's fragrances. 21 Feb 2011 09:58
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
Unexpected global skill shortages threaten corporate growth, innovation
NEW YORK, US: A survey of senior executives and talent managers shows future leadership and research & development are hardest hit. 3 Jan 2011 12:12
GM restructures African business, seeking growth
[Michael Bratt] General Motors (GM) has announced a new strategy for African business, which it hopes will allow GM to capitalise on the growing opportunities around the continent. 23 Nov 2010 12:36
Mr Price takes aim at Nigerian market
[Michael Bleby] Retailer Mr Price is eying Nigeria, a market it says could host up to 100 stores, if it could only end its ban on the import of clothing. 22 Nov 2010 11:00
Smartphones dominate mobile traffic worldwide
LONDON, UK: Smartphone users are generating two-thirds of total mobile cellular traffic* worldwide despite the fact that only 13% of mobile subscribers use smartphones, according to the latest research from Informa Telecoms & Media (informatm.com/smartphones). 3 Nov 2010 09:53
Hope for full global economic recovery in 2010 diminishes
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
African investment in Princess Crossing Mall
The fully tenanted Princess Crossing Mall, situated in Ondekkers Road, Roodepoort, has been sold for close to R300 million to a West African investor - via a private property fund based in the Western Cape. 20 Aug 2010 08:39
Worldwide web... it's a woman's world
RESTON, US: comScore, Inc yesterday, 29 July 2010, released a global report on women's online usage titled, Women on the Web: How Women are Shaping the Internet, which provides an in-depth analysis of the female Internet user, highlighting key trends by Internet activity, worldwide region and digital channel. 29 Jul 2010 10:46
Game still in the pink of health
Game Stores has come a long way since it opened its first store in Durban in 1970 in cramped premises in the city's CBD, ringing up sales of R78 000 in its first month of trading. Its founders believed that shopping had become a tedious and boring pastime. They wanted to create a fun shopping environment and so conceptualised retailing as a game. The signature bright pink prevails to this day. 19 Jul 2010 08:43
Global mobile advertising industry grows by 61% in Q2
SINGAPORE: BuzzCity, the global mobile media company, on 6 July 2010 released the results of its Global Mobile Advertising Index for Q2 2010, with South Africa in fourth place, sporting an impressive 65% increase in ad banners served, while Kenya reported a massive 243% increase for the period. The Kenya growth, while impressive was the third largest growth percentage after Vietnam, which reported a 273% increase. Meanwhile Ghana showed a massive 654% growth rate, although it was off a low base. 7 Jul 2010 13:16
MTN launches Mobile Money offering in Ghana
MTN on Thursday, 23 July 2009, said it has launched its Mobile Money offering in Ghana. 24 Jul 2009 14:36

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