Eastman Kodak said Thursday it is cutting 3,500 to 4,500 jobs, or 14% to 18% of its work force, as it posted a US$137 million fourth-quarter loss on plunging sales of both digital and film-based photography products. 30 Jan 2009
Sony said Thursday its net profit plunged 95% in the October-December quarter, as the holiday shopping season provided no respite for the struggling electronics giant and tepid sales of TVs, digital cameras and cell phones hit its bottom line. 30 Jan 2009
The Producer Price Index (PPI) for December 2008 dropped by 1.6% to 11% year-on-year (y/y), lending further good news to hard-pressed South Africans awaiting an interest rate cut. 29 Jan 2009
Eikendal, the Cape Wineland cellar situated on the slopes of the Helderberg, has just released the 2005 vintage of its elegant Classique - the estate's flagship Bordeaux-style red blend. 29 Jan 2009
Nampak Cartons and Labels has been manufacturing cartons for Bakers Biscuits and Pyotts for over 40 years, including all the packaging for the brand's recent makeovers. 29 Jan 2009
Two years into the lifespan of the PlayStation 3, Sony's online offerings are a mixed bag. 29 Jan 2009
IBM doesn't have a close contender when it comes to snagging patents in the US. However, a glance at the line-up reveals a somewhat jarring state of affairs: 23 of the top 35 companies awarded US patents in 2008 are not US companies. Does that mean America has lost its innovation edge? 29 Jan 2009
The Department of Trade and Industry on Wednesday announced the establishment of South Africa's Investment Call Centre, to be officially launched in March 2009. 29 Jan 2009
South African fashion label Stoned Cherrie will be showing on schedule at Bryant Park during New York Fashion Week as part of the inaugural This Day/Arise Magazine: African Fashion Collective 2009. 29 Jan 2009
Recent research shows that grocers in the United Kingdom are more resilient to the current financial crisis than many other sectors; it seems food is providing fuel for growth. 29 Jan 2009
Tens of thousands of workers in South Africa's automotive sector are facing unemployment as a consequence of the global economic slowdown. 29 Jan 2009
The latest 1.8% drop in inflation figures could mean good news for cash-strapped South Africans and struggling home owners. 28 Jan 2009
Last year the African vehicle market, one of the fast growing destinations for South African car exporters such as Nissan SA, looked as if it would take the global economic slowdown in its stride. 28 Jan 2009
If the City of Cape Town has its way, the 2010 FIFA World Cup will be a sober affair. 28 Jan 2009
Kellogg's Company in the United States has announced a new space-saving box that gives consumers a glimpse of the possible future for the cereal aisle. 28 Jan 2009
Plants are poised to replace petroleum products in plastics as biodegradable tech rises with concerns about the planet. 28 Jan 2009
USA: A recent ruling by the Supreme Court, reversing a nearly 100 year old statute outlawing price setting, is in the spotlight for retailers, lobbyists and economic theorists. 28 Jan 2009
Pep has become aware of a possible quality problem with a batch of Hisense mini ovens. Sales of the product have been suspended immediately and, as a precaution, the retailer is recalling any ovens bought or collected from one of its store after 24 December 2008. 27 Jan 2009
Sales operations have plenty of challenges before them today, but the main focus of sales managers is developing relationships with customers that go beyond selling them a single product. It's a customer-centric, rather than company-centric, approach that's gaining adherents. 27 Jan 2009
In another first for the family-owned Cape Union Mart, which launched the Old Khaki stores and a new kiddies range called K-Way Kids, the company is opening its first women's lifestyle stores called Poetry. 27 Jan 2009
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