Ticket sales for the 2009 FIFA Confederations Cup are fast approaching the 400,000 mark, with just three weeks before kickoff. 27 May 2009
South Africa's Gross Domestic Product in the first quarter of 2009 contracted by an annualised 6.4%, Statistics South Africa announced on Tuesday. 26 May 2009
The implementation of the National Credit Act (NCA) two years ago and the current economic downturn have together resulted in a lack of liquidity in the financial markets, with most banks limiting revolving credit, overdrafts and access bonds. Under these constraints, many former bank clients have turned to micro-lenders for their various financial needs, the most common one being emergency expenses. 26 May 2009
Fast moving consumer goods company Tiger Brands, which last week said it would continue to be on the lookout for possible acquisitions, said on Friday, 22 May 2009, that it had bought Crosse & Blackwell from Nestlé for an undisclosed amount. 26 May 2009
The team tasked with coming up with a rescue plan to save the Frame Vertical Pipeline, the textile manufacturing arm of the Seardel group, may consider splitting the group to keep certain key assets in operation. 26 May 2009
The Ombudsman for Short-Term Insurance cautions consumers not to be pressurised into purchasing an insurance product at point of sale, as often these products do not meet consumers needs and are sometimes more costly than anticipated. 26 May 2009
African Bank Investments (Abil), a provider of unsecured loans and the owner of furniture retailer Ellerines, continues to report double-digit earnings growth amid a financial storm that has seen bigger banks report earnings declines. 26 May 2009
A British court on Friday, 22 May 2009, ruled that Internet marketplace eBay is not liable for bogus beauty products sold on its Web site, dealing a blow to cosmetics company L'Oreal's campaign against the online auction giant. 26 May 2009
Depending on which technology blog you read, Sprint CEO Dan Hesse is either engaging in pre-Palm Pre marketing hype or covering up some major smartphone production problems. 26 May 2009
In Part 1 I covered how the Harvard Business Review showed that people are not as price savvy as we may think, and there are some opportunities to increase margins in these difficult times as a result. So what does this have to do with character licensing and my company, retail agency Revolution? 25 May 2009
Foodcorp's Nola division has upgraded the packaging of its Yum Yum Smooth peanut butter bulk packaging containers. 25 May 2009
Fore Good and The Harding Group have announced their first activation for Pringles following the announcement that Procter & Gamble's leading snack brand will be sold and marketed in South Africa by the local FMCG group. The new campaign was developed from a total tactile perspective reinforcing the brand's unique value proposition. 25 May 2009
Food and beverage group Pioneer Foods on Monday, 25 May 2009, reported interim diluted headline earnings per share for the six months ended March 2009 of 166.4 cents, up from 140.0 cents during the previous period. 25 May 2009
PARIS: Global mobile phone sales fell a record 8.6% in the first quarter to 269 million units and will likely decline 4.2% for the full year, the Gartner research group said. 25 May 2009
BOGOTA: Coffee production in Colombia, the world's number two producer of the beans, plunged 33% in the first four months of 2009, with exports sinking by 21%, officials said. 25 May 2009
JSE-listed property loan stock company Acucap Properties has entered into an agreement to acquire a further undivided half share in the Bayside Mall in Cape Town from Old Mutual Life Assurance for R280m. 25 May 2009
Supply chain business Super Group announced last week that shareholders had approved the resolutions relating to the rights offer in which Super Group will raise approximately R1 billion through the issue of new shares. 25 May 2009
The Industrial Development Corporation (IDC) faces an intractable competition conundrum as it considers bailing out textile producer Frame Textiles, a subsidiary of SA's largest clothing maker, Seardel. 25 May 2009
Retailers and manufacturers in the clothing and textile industry have at last agreed to work together to test the commercial feasibility of sourcing more apparel and fabric locally. 25 May 2009
Claremart Auction Group will soon sell the building that houses one of Cape Town's most frequented seaside restaurants. CEO Jonathan Smiedt says the landmark site — which includes the Sandbar, located on the Camps Bay promenade — will be auctioned next Tuesday, 26 May 2009, at noon. 22 May 2009
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