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HONG KONG: The former Hong Kong managing director of fast food giant McDonald's was jailed for four years and five months for taking almost US$300,000 in kickbacks from a supplier. 6 May 2009
Unemployment leapt 1.6% to 23.5% in the first quarter of this year, with more than 200,000 people losing their jobs, official data showed yesterday, 5 May 2009. 6 May 2009
Thanks to 'Dance Dance Revolution', 'Guitar Hero' and 'Rock Band', music games have become an increasingly popular part of the video game universe. However, you don't need a plastic floor mat or a phony guitar to get your groove on. 6 May 2009
The Industrial Development Corporation (IDC) has approved four applications for loan finance worth R70m from clothing and textile firms, as a government plan to rescue the industry cranks up. 5 May 2009
Manufacturing activity dipped to a new record low last month, a benchmark survey showed yesterday, 4 May 2009, but the decline was small enough to suggest the worst may be over for SA's embattled factories. 5 May 2009
Spar interim earnings up 20.5%
Supermarket group Spar Group on Tuesday, 5 May 2009, reported a 20.5% rise in headline earnings per share to 242.5c for six months ended March 2009. Diluted HEPS amounted to 234.7c per share. 5 May 2009
Millions of bees have caught a highly infectious disease, which is threatening fruit export markets and honey production in the Western Cape. People, however, are not under threat of catching the bacteria. 5 May 2009
The National Energy Regulator of South Africa (Nersa) has reduced tariffs by 10.38% for petroleum transportation through Transnet's pipelines for the 2009/10 financial year. 5 May 2009
The Netherlands and the Free State are to increase bilateral trade relations by introducing each other to potential investors and business partners. 5 May 2009
The burgeoning world of social media could be a huge threat to your brand if not managed properly. On the other hand, the world of social media may be the biggest marketing opportunity in years. The difference is all in how proactive you are in protecting yourself by becoming part of the broader social networking community. 5 May 2009
Samsung unveils water-resistant B2100
Samsung Mobile South Africa is launching its latest advanced outdoor mobile phone - the B2100. Embodied in a slim, 0.7-inch case, the device is ostensibly the slimmest submersible phone to be released on the market to date. 5 May 2009
Go Places restaurant guide goes mobile
Mobile-XL, a mobile technology company, today, 5 May 2009, announced that it has reached an agreement with Go Places, the premier East African travel guide, to make dining information available to mobile audiences. XLBrowser users can now search for restaurants by name, cuisine or location and query additional information such as hours or contact information. 5 May 2009
Another dismal month for car sales
The slump in new car vehicle sales in South Africa continued in April with sales a dismal 43.7% down from the same month in 2008 and 27.6% lower than in March this year. 5 May 2009
Big business should brace itself for soaring insurance premiums and higher production costs in light of new consumer protection laws. 4 May 2009
Wine makers fume amid tender debacle
A lucrative invitation to tender for the supply of South African wines for thousands of VIP fans attending the FIFA Confederations Cup in June has some of the country's wine makers in a froth. 4 May 2009
SABMiller producing White Bull Lager
Global brewing giant SABMiller plc subsidiary company Southern Sudan Beverages has begun production of Southern Sudan's first locally produced beer, White Bull Lager. 4 May 2009
Verimark has reported a loss for the 12 months to February and has yet to unveil its long-promised turnaround plan. 4 May 2009
The retailer New Clicks on Thursday, 30 April 2009, reported an 18.8% rise in diluted headline earnings per share to 80.3 cents for the six months ended February 2009 from 67.6 cents a year earlier. 4 May 2009
Food and clothing retailer Woolworths is revamping its look in a bid to offer consumers an experience of “discovery and excitement”. 4 May 2009
Property unit trust Fountainhead Property Trust on Thursday, 30 April 2009, announced net income of R387,84 million for the six months ended 31 March 2009, up from R336,48 million during the prior comparable period. 4 May 2009
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