Ferrero, the global confectionery business which has just embarked on major expansion in South Africa, has been voted the 'Most Reputable Company in the World' in the 2009 Global Reputation Pulse conducted annually by the Reputation Institute. 12 May 2009
Eqos, web-based procurement and supply management solutions provider, yesterday, 11 May 2009, announced that UK entertainment specialist, HMV, has selected its Deal and Terms Management solution to streamline commercial negotiations with its music, DVD/visual product and games suppliers. 12 May 2009
Organisers of Durban Fashion Week have had to postpone the event after its key sponsor, MTN, pulled out. 12 May 2009
Promising to be even better than last year and packed with information relevant to the retail market, the 2009 Retail Risk conference will be held in Cape Town on 21 May 2009 and in Johannesburg on 28 May. 12 May 2009
South African restaurateurs gathered in the Cape Winelands for the inaugural Rossouw's Restaurants Awards held at Rust en Vrede Restaurant on 4 May 2009. At this landmark event, the Three Star certificate was awarded to only 13 of the 500 restaurants rated for the 2009 Rossouw's Restaurants guide. 12 May 2009
South African wholesaler Massmart said on Tuesday, 12 May 2009, that for the 44 weeks to 3 May total sales increased 11.8% to R36.7 billion over the prior period, and comparable store sales grew 9.7%. Inflation for the period is estimated at 11.8%. 12 May 2009
A new online fashion magazine has been launched to cater for today's woman and her fashion and style needs. 12 May 2009
MILAN: Italian clothing group Benetton said on Monday, 11 May 2009, its first quarter net profit slumped more than 37% as sales were hit by the global downturn and a strong euro crimped exports. 12 May 2009
The Southern African Clothing and Textile Worker's Union (SACTWU) has welcomed the appointment of its General Secretary, to the country's new Cabinet. 12 May 2009
TOKYO: Japan's Toyota Motor, the world's largest automaker, on Friday, 8 May 2009, announced its first annual loss and warned it would plunge deeper into the red this year because of the global economic downturn. 11 May 2009
Liquor traders who failed to convert their old licences by last Friday have been thrown a lifeline by the Gauteng Liquor Authority. 11 May 2009
Furniture and appliance retailer JD Group on Monday, 11 May 2009, reported a diluted headline loss per share of 18.9 cents for the six months ended February compared with headline earnings per share of 220.2 cents a year ago. 11 May 2009
Clothing and textile manufacturer Seardel Investment Corporation says its headline loss per share for the nine-month period ended 31 March 2009 is expected to be between 43 cents and 48 cents, and the attributable loss per share to be between 61 cents and 67 cents. 11 May 2009
Mass retailer Massmart iss continuing with its strategy of investing for the future despite the recession in the retail sector but would change its tactics to take advantage of new opportunities, CEO Grant Pattison said recently. 11 May 2009
Many companies are facing the toughest economic landscape in generations. Driven by the housing market landslide and seizure of the global credit markets, economies the world over have slipped into retrenchment and recession. Even the most positive economic forecasts predict continued retraction through 2009, with best-case scenarios describing a slow-but-steady recovery for 2010 and beyond. 11 May 2009
Headline Leisure Management (HLM), the outsourcing bar and food service brainchild of Fournews Developments, has been awarded the tender for the Master Concessionaire Rights for the 2010 FIFA World Cup, as well as the upcoming FIFA Confederations Cup 2009, after a 12-way pitch. 11 May 2009
Moir's is launching two retro-inspired ranges of jellies and instant puddings, aimed at invoking fond memories of truly South African favourites just like Grandma used to make. 11 May 2009
The South African Reserve Bank issued a warning to consumers, this week, that they should not take the current easing policy as a signal that they can now get into debt and use credit cards incautiously, or to pay down debt. 8 May 2009
A total of 83 graduates, who have successfully completed their studies in social forestry, agri-business, crop and animal production at Fort Cox College in Port Elizabeth, will receive their qualifications on today, 8 May 2009. 8 May 2009
Any woman who's ever looked at herself in the mirror and wished she could look slimmer instantly is about to have her wish granted. Woolworths is introducing a range of clothing and lingerie designed to take centimetres off those all-important areas of midriff, tummy, hips, thighs and derriere - instantly. 8 May 2009
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