In response to evolving market conditions, global financial institutions are beginning to view operational risk (OpRisk) as a means of providing a more proactive management decision-making framework, as opposed to seeing it purely as compliance and reporting function. 18 Dec 2008
Keen to shop online but don't have a credit card? With the launch of a new digital ecurrency, you can book to see a movie at Ster-Kinekor Theatres via your cellphone or the Internet - but without having to carry plastic. 18 Dec 2008
The 3rd Annual Comms MEA Awards 2008 were presented at a lavish ceremony at Grand Hyatt Dubai on Monday 15th December. 18 Dec 2008
Johannesburg-based solar power specialist Home Comfort has been granted a R2,3-million loan by E+Co, an investment that will be utilised to grow the company's solar business. 17 Dec 2008
Enterprises too fixated on everything new that Identity and Access Management solutions must now address. 17 Dec 2008
To mark the launch of the new Rama Idea! margarine, Unilever engaged Nampak Cartons & Labels to develop a sleeve that would be as ‘clever' as the growing brains that the nutrient-enriched spread is formulated to help feed. 17 Dec 2008
Over the last few years, digital media has played an ever-greater role in people's lives, and there has been explosive growth in the amount of time people spend online. 17 Dec 2008
Appletiser and its related variants: Red and White Grapetiser and Peartiser, have undergone a packaging revamp. The new packaging keeps the product abreast of global packaging trends - a vital factor when it comes to surviving in the fiercely competitive beverage market. 15 Dec 2008
Christmas is a time of joy for many, yet a time of deep sadness for a lot of people who have nowhere to go, or are not in a financial position to celebrate. 15 Dec 2008
Busa has welcomed the decision by the Reserve Bank to cut the repo rate by 0,5% as being the right move in present economic circumstances. The organisation believes that even though the cut is a modest one, it will send a positive message to consumers and the business community that an upper turning point in the interest rate cycle might now have been reached. 15 Dec 2008
While the world is still speculating whether cellphone banking will be the next big thing, First National Bank says it has positioned itself to be progressive in its adoption of the technology and claims that around 2,500 new customers a day are now adopting their various interactive cellphone banking offerings across its Southern African subsidiaries. 15 Dec 2008
LG Electronics (LG) held the final prize-giving ceremony of the "2008 LG Global Home Chef Awards" on 10 December 2008 with South African journalist and Food Editor for Your Family placing first out of 15 global finalists. 15 Dec 2008
Bell's Extra Special Old Scotch Whisky will donate R1-million to the South African Disabled Golf Association (SADGA) when the first pro golfer hits a hole-in-one on the par 3, 15th hole on the 3rd and 4th days of the 2008 SA Open Championship. 15 Dec 2008
During economic uncertainty and recessions, marketing budgets are usually the first to be cut. However Director of InZalo Communications Bridget von Holdt explains in doing so you reduce the number of people whose attention you capture, reducing your potential market. 12 Dec 2008
Eliance, a national provider of comprehensive business solutions targeting the automotive sector, has launched a new web portal called CarsOnline (www.carsonline.co.za) to bolster levels of service, boost sales and address challenges within the automotive trade. The information management company believes the online initiative will benefit both vehicle retailers and consumers alike. 12 Dec 2008
For many women, shoes and not diamonds are a girl's best friend. Ask Penny Mubaiwa, owner of Amaranth Exclusive, an upmarket shoe boutique that specialises in imported footwear from Brazil. 12 Dec 2008
PetroSA is pleased to announce that the company posted a record R11 billion in revenue for the for the 2007/08 financial year. 12 Dec 2008
The SA Reserve Bank Monetary Policy Committee's (MPC) decision to reduce its policy repo rate by 50 basis points should imply a drop in prime rate from 15.5% to 15%. This would mean a decline in a prime rate instalment repayment (monthly compounded) of R185 per month on a R500,000 - 20 year bond, and R371 reduction on a R1 million bond. 12 Dec 2008
Aggressive pricing and pre-Christmas markdowns are the ways that retailers are hoping to survive what is likely to be a tough Christmas period. 12 Dec 2008
Industry experts, including executives in both the Coca-Cola and Pepsi systems, have said new packages must be introduced to give consumers more options and help bottlers improve profits. 12 Dec 2008
