[Michelle Francis] A recent article in the New York Post describes the advent of Grand Ambassadors, which is a prognosis of where the experiential activation industry in South Africa could be, given training and investment in brand ambassadors.
16 May 2013 10:49To avoid losing margins to SARS, retailers need to ensure that they are in possession of associated tax invoices for VAT inputs. Following successful SARS legal cases, companies need to ensure that all input tax invoices are compliant and the record of invoices is complete.
17 May 2013 13:10
Atlantis City Shopping Centre in the Western Cape has been acquired by Synergy Income Fund Limited for approximately R334 million, making it the fund's largest single property investment since listing in December 2011. The retail centre is expected to transfer on 1 September 2013.
17 May 2013 10:21
Johann Fourie, formerly senior winemaker with KWV for the past eight years, has been promoted to the position of chief winemaker. He takes over from Richard Rowe, who will become the organisation's brand ambassador/consulting winemaker.
17 May 2013 09:56
[Ian Steyn] Most South African retailers have added some form of product line extension to their standard offering of household items and produce, so that grocery stores are not just grocery stores anymore. Even corner cafés are selling electricity and airtime, whilst the larger chain stores now allow customers to pay their bills and speeding fines, or even book flights or join incentive programs.
16 May 2013 12:17
Absa has launched a multi-currency Cash Passport that enables South Africans to carry multiple foreign currencies safely on just one card. Representing the future of travel prepaid cards; it allows cardholders to load multiple currencies on the same card with global reach of MasterCard, accessing 35.9 million locations worldwide.
16 May 2013 10:08Brandhouse Beverages welcomes the decision by Gauteng Economic Development MEC, Nkosiphendule Kolisile to withdraw the proposal to prohibit the sale of alcohol on Sunday.
16 May 2013 11:21
There is only one more day to get entries in for the 19th annual Food Review/Symrise New Product Competition. Previously, the NPC was only open to South African manufacturers, but in 2011, it was extended to include international brands too.
16 May 2013 11:10
Cutting costs is a hallmark of packaging and paper group Mondi and over the longer term it has paid off, as could be seen in its recent upbeat interim management statement.
17 May 2013 10:03
Astrapak optimists are betting heavily on the new chief executive Robin Moore's ability to restore the troubled packaging firm to health. Reflecting this confidence, Astrapak is trading on a 75,5 price:earnings ratio despite a 61% fall in headline earnings per share for the year to February and a 90% fall in earnings over the past three years.
17 May 2013 11:16
The Public Invesment Corporation (PIC) R62bn real estate portfolion, may be one of the most commanding jobs in the SA property sector.
17 May 2013 09:41
[Samuel Mungadze] Anglo Platinum (Amplats) workers have vowed to embark on an indefinite strike starting Friday (17 May) if management does not halt its plans to retrench 6‚000 employees.
17 May 2013 12:50
The South African leg of the international Great Wine Capitals of the World (GWC) Best of Wine Tourism Awards took place at La Motte Wine Estate in Franschhoek on Thursday, 9 May 2013. SA is part of the GWC network of the top 10 wine producing and wine tourism regions in the world, as judged annually by the GWC.
17 May 2013 10:52
Measured at current prices‚ South Africa's motor trade sales increased by 5.1% year-on-year in March according to data released by Statistics SA on Thursday (16 May).
17 May 2013 09:33