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Food manufacturer Tiger Brands could be in for a long battle to buy rival AVI, which rejected its R8 billion bid yesterday, saying it did not make commercial sense and was not in the best interests of the company and its shareholders. 18 Nov 2008
Justin and David Letschert, the owners of Union-Swiss, have been named the winners of the Emerging Entrepreneur Category at the South African chapter of the Ernst & Young World Entrepreneur Awards Programme. 17 Nov 2008
Barloworld Logistics has appointed a new CEO for its Africa operations. Eric Gower-Winter takes over the reins from Isaac Shongwe on 1 January 2009 when Shongwe moves on to become CEO of the Barloworld Logistics group. 17 Nov 2008
Furniture group JD Group has witnessed a 51% decline in diluted headline earnings per share from 609.8 cents to 298.3 cents for the year ended August. 17 Nov 2008
USA: Minutes after DHL announced last Monday it was ceding the US express mail market, UPS' sales force - more than 3,000 strong - swung into action. 17 Nov 2008
Some of the most significant industrial accidents in human history - the Exxon Valdez incident, the Chernobyl disaster, the Three Mile Island accident and the Challenger Space Shuttle crash - were caused by human error as a result of fatigue. 17 Nov 2008
SA bags three Global Food Industry Awards
Three South African food products recently won awards at the first International Union of Food Science and Technology (IUFoST*) Global Food Industry Awards in Shanghai, China. 14 Nov 2008
Retail holding company Tradehold says its headline earnings per share for the six months to 31 August improved slightly to -0.5 pence from -0.7 pence in the year earlier period. 14 Nov 2008
The trend in retail sales growth is expected to remain downward for most of this year due to pressure from higher interest rates and the National Credit Act and high inflation, which continue to exert pressure on household finances. 13 Nov 2008
Retail sales dived 5% in September compared with the same month last year, marking the fifth annual fall in a row and confirming that the economy's third-biggest sector is mired in a recession. 13 Nov 2008
We like to touch and feel a new product before we buy it, but we cannot do that when offered a product via an email. So how can email marketers get around the challenge of still encouraging a sale based on an email? How can they appeal to the senses via email? 12 Nov 2008
Old Mutual's closing share price was R8,48 last Thursday. On Friday, its third-quarter results showed the group's unrealised losses on its US Life business had doubled to $2,3bn. 11 Nov 2008
Retail sales figures to be released tomorrow are expected to show further deterioration due to a slowdown in consumer expenditure as higher living and debt-servicing costs are demanding a larger chunk of consumers' budgets. 10 Nov 2008
More is better, right? Wrong. In The Paradox of Choice: Why More is Less, Barry Schwartz explains how too many options actually cause more psychological distress than good. And nowhere is the overabundance of choice more prevalent than the Internet, where any given Web site can present us with an overwhelming number of alternatives at once. 10 Nov 2008
The meltdown of international, regional and country specific financial institutions and the global economy as a whole and the subsequent trickle-down consequences for consumers is having a negative impact on the apparel industry. However, there are opportunities for companies and in particular for smaller independent boutiques and designers to consolidate their business, revisit their marketing strategy and customer relations in order to capture market growth. It's not necessary for South African designers and small boutiques to become victims of this financial calamity. 7 Nov 2008
Cape Town International Convention Centre (CTICC) has won its bid to host the triennial International Congress on Hyperbaric Medicine in 2011, bringing leading specialists in the treatment of decompression sickness and underwater medicine to South Africa. 6 Nov 2008
World's largest mall opens in Dubai
The Dubai Mall opened its doors yesterday, 4 November, with close to 600 retailers under its roof - marking what is said to be the world's largest mall opening in retail history. 5 Nov 2008
The international financial crisis is contributing to the slide in new vehicle sales in South Africa with October sales down a huge 31.2% over the same month last year. 5 Nov 2008
The number of foreign traveler's visiting South Africa decreased for the month of August, when compared to the same period last year. 4 Nov 2008
During these challenging economic conditions for South Africans, consumers would do well to spend their money wisely and avoid falling into the dreaded debt trap. Christmas is an expensive time for us all, but don't go overboard on gifts and entertainment, advises Peter Setou, Senior Manager: Education and Strategy at the National Credit Regulator (NCR). 4 Nov 2008
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