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Illovo makes strategic disposals
South African sugar producer Illovo Sugar on Thursday, 9 April 2009, announced strategic disposals, investments and changes in structure, which will result in a more focused and streamlined South African business, while increasing the group's footprint and future earnings potential in the rest of Africa. 9 Apr 2009
The Competition Commission has singled out four companies and two industry associations for closer scrutiny in an investigation of anticompetitive practices in the pelagic fishing industry. 9 Apr 2009
Although South Africa has experienced a temporary reprieve from load shedding due to reduced demand from the global economic meltdown, plans are fully underway for Eskom to implement the Power Conservation Program (PCP), of which one part is the Energy Conservation Scheme (ECS). ECS is what everyone is calling “penalties”, which are scheduled to come into effect in August 2009. 9 Apr 2009
Unlike many South African companies, fast-moving consumer goods company Procter & Gamble (P&G) is seeking to enhance its workforce instead of retrenching during the economic meltdown. 8 Apr 2009
MILAN: Italian drinks group Campari said on Wednesday, 8 April 2009, that it is buying the Wild Turkey bourbon whiskey brand from French giant Pernod Ricard for US$575 million (€433 million). 8 Apr 2009
Government has been asked to hike import duties on tyres in response to the dumping of cheap tyres, especially from China. 8 Apr 2009
A new Western Cape law which bans liquor stores from selling alcohol to unlicensed taverns has turned into a political football. 8 Apr 2009
Coca-Cola buys stake in Innocent drinks
LONDON: US giant Coca-Cola will take a £30 million (€33 million, US$44 million) minority stake in natural drinks maker Innocent to help it expand into Europe, Innocent said on Monday, 6 April 2009. 8 Apr 2009
Rate cuts could give Edcon R500m shot in the arm
Clothing retailer Edcon could benefit by as much as R500m as interest rates fell, an analyst said yesterday, 7 April 2009. 8 Apr 2009
Chinese traders have been caught in a turf war between two Johannesburg landlords, police confirmed yesterday, 7 April 2009. 8 Apr 2009
Part 1 of this two-part series looked at the reasons companies turn to outsourcing and offshoring. Part 2 will examine the laws governing the disclosure of layoffs and the state of the outsourcing market. 8 Apr 2009
Software as a Service CRM implementations require more than just SaaS to succeed. SaaS customer relationship management must be integrated with other applications and data sources. The goal of SaaS CRM integration is an integrated view of customer data, which unlocks its inherent value and increases productivity. 8 Apr 2009
Motorola said Monday, 6 April 2009, it expects to take additional charges for the first quarter, bringing the total to US$229 million before taxes. 8 Apr 2009
Winners of the FASA Awards
The Franchise Association of Southern Africa (FASA) Awards for Excellence in Franchising, was held over the weekend, 4 April 2009, as the culmination of Franchise Week at the Sandton Convention Centre. With the incorporation of the International Franchise Expo and Convention, close to 400 franchisors and franchisees gathered to celebrate FASA's 30th anniversary as the industry's representative body. 8 Apr 2009
The possible bankruptcy of General Motors in the United States will have minimal impact on GM South Africa (GMSA), the company stated at a press conference in Johannesburg on Tuesday, 7 April 2009. 7 Apr 2009
Clothing retailer Pep aims to have 20 stores operating in Angola within the next three years as it rolls out on the continent country by country. Angola, officially the Republic of Angola, was a Portuguese colony from the 16th century to 1975 and is the second-largest petroleum and diamond producer in sub-Saharan Africa. 7 Apr 2009
Monis releases maiden Vintage Port
South African fortified wine producer, Monis, is adding a new dimension to Cape port with the release of its first Vintage Port. 7 Apr 2009
Standard Bank appoints three deputy chief executives
Ben Kruger, Simpiwe 'Sim' Tshabalala, and Peter Wharton-Hood have been appointed deputy chief executives of the Standard Bank Group. Tshabalala is currently chief executive of Standard Bank of South Africa (SBSA), while Kruger and Wharton-Hood are group chief operating officers. 7 Apr 2009
Consumers can expect some relief as price cuts on basic food items start coming through the supply chain, Shoprite said last week. 7 Apr 2009
BRUSSELS: Retail trade in the 16 eurozone nations fell unexpectedly sharply in February, dropping 0.6% from the level in January, official EU data showed on Monday, 6 April 2009. 7 Apr 2009
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