True competition rather than government intervention is the most successful way to cut the cost of telecommunications, industry watchers believe. 26 Jun 2009
ZURICH: The economic crisis is taking its toll on chocolate consumption, Swiss chocolate and cocoa products giant Barry Callebaut said Thursday, 25 June 2009, as it announced moderate growth in nine month sales. 26 Jun 2009
South Africans will be disappointed that the streak of interest rate cuts over the past few months has come to an end, with the South African Reserve Bank (SARB) announcing that the repo rate will remain unchanged. 26 Jun 2009
The National Energy Regulator of South Africa (Nersa) has granted power utility Eskom a 31.3% interim tariff hike. 25 Jun 2009
Samsung Jet's smartphone-like features aims to take handsets to the realms of being ‘smarter than a smartphone'. 25 Jun 2009
Software as a Service (SaaS) is nothing new, but the current economic climate is a bit of an unpleasant novelty that may just add impetus to the remote application delivery model. 25 Jun 2009
Oral-B, one of the world's leading oral care brands, is launching a new range of toothbrushes with Anti-Bacterial Bristle Protection, a technology which inhibits bacterial growth on bristles for up to three months (90 days). 25 Jun 2009
WASHINGTON: The United States ramped up pressure on China Wednesday, 24 June 2009, to drop a new requirement for all computers to carry Internet filtering software, fearing it was a means for censorship. 25 Jun 2009
After having denied any knowledge or participation in the bread price-fixing scandal during the hearing on Monday, Sasko's GM for the baking division, Andries (Charl) Goosen, on Tuesday, 23 June 2009, admitted to lying to the Competition Tribunal regarding the date on which the issue of collusion was brought to his attention. 25 Jun 2009
The Producer Price Index (PPI) registered deflation of 3.0% year-on-year (y/y) in May from inflation of 2.9% y/y in April, Statistics South Africa (Stats SA) data today showed. This is the ninth consecutive decrease in the producer price inflation headline number. 25 Jun 2009
Designers and crafters are getting ready to show their wares at the first ever Eastern Cape Fashion Week. The fashion week is the brainchild of Port Elizabeth fashion designer Xoliswa Hudson who says she hopes to attract attention to local talent. 25 Jun 2009
The Consumer Price Index, used to measure inflation, dropped to an expected 8% in May, reported Statistics South Africa (Stats SA) on Wednesday, and economists believe this trend is likely to continue. 25 Jun 2009
STOCKHOLM: Swedish furniture giant Ikea has cut 5,000 jobs worldwide due to the global economic crisis but expects to post record sales nonetheless, its chief told a Swedish newspaper on Tuesday, 23 June 2009. 24 Jun 2009
100 Reserve vintage brandy is relaunching with a brand new look to highlight the unique authenticity of the brand. Produced by Oude Molen, the smooth, oak-matured premium brandy is described as dynamic and progressive. 24 Jun 2009
An Independent benchmark study, commissioned by the Department of Communications has found that telecommunications costs in the country are still way too high in comparison to other countries. 24 Jun 2009
Local Organising Committee Chairperson, Irvin Khoza, has warned those who have been duplicating FIFA Confederations Cup tickets, that they will face the might of the law. 24 Jun 2009
FNB Insurance Brokers on Tuesday, 23 June 2009, announced the appointment of Johan Nagel as its new chief executive. 24 Jun 2009
In the current economic downturn, the cumulative cost of lost customers and failed sales can be incalculable - yet many businesses still hesitate to take steps that would significantly reduce these risks. 24 Jun 2009
WASHINGTON: US semiconductor giant Intel and Finnish mobile phone maker Nokia announced on Tuesday, 23 June 2009, that they had entered into a "strategic relationship" to develop futuristic mobile computing devices. 24 Jun 2009
Cape Town is to get its first lifestyle, or fashion, hotel when Rezidor opens an upmarket Missoni hotel in the city centre in the middle of next year. 24 Jun 2009