MILAN, ITALY: Top Italian luxury goods firm Versace said Wednesday, 28 October 2009, it will cut a quarter of its workforce and expects to report a loss for 2009 as demand for its products has shrunk in the economic crisis. 29 Oct 2009
Water and Environmental Affairs Minister Buyelwa Sonjica has announced the new recreational fishing season for West Coast rock lobster (crayfish). 29 Oct 2009
Jeremy Gardiner, director at Investec Asset Management, says the third quarter collective investment scheme statistics, released by ASISA this week, suggest that many retail investors have largely missed the equity market recovery. 29 Oct 2009
REYKJAVIK, ICELAND: Iceland's two McDonald's restaurants will close on 1 November 2009 due to rising costs brought on by the country's economic collapse, the Icelandic operator of the US fast-food chain said on Monday, 26 October. 29 Oct 2009
Kanhym has announced that it will be offering fresh meat deli franchises to committed and motivated owner-operators. The first store has opened in Gift Acres in Pretoria. 29 Oct 2009
A Northern Ireland trade delegation will be in Johannesburg from 1- 4 November 2009, 4 - 7 November in Durban and 7 - 10 November in Cape Town to explore opportunities for trade, joint ventures and technology transfer with South African businesses. Most are new to South Africa but as experienced exporters, are keen to develop business relationships with firms, particularly through the appointment of distributors. 29 Oct 2009
According to Bruce Thorndike, CEO of Biogreen Diesel, a renewable energy company that is pioneering the conversion of waste oil to a less expensive, pollution-free biodiesel, the trucks delivering concrete to Cape Town's 2010 football stadium are using diesel enhanced by used cooking oil and poultry fat. 29 Oct 2009
From 15 November 2009, "Jenna Clifford and Canderel will make a limited number of the Dream Big Canderel pewter sachet cases and rose ring pendants (worth R800) available to consumers who purchase a tube of Canderel 200 Café Sticks as part of a goodwill campaign," says Sarah-Jane Truter from Jenna Clifford. 29 Oct 2009
Following a detailed review of Nestlé's palm oil supply chain, the company announced on Tuesday 27 October 2009, its commitment to using only Certified Sustainable Palm Oil (CSPO) by 2015, when sufficient quantities are expected to be available. Under its policy on environmental sustainability, it has pledged to give preference to suppliers who strive to improve the efficiency and sustainability of their operations and use of resources. 29 Oct 2009
The Producer Price Index (PPI) for September came in at -3.7% year-on-year, Statistics South Africa announced today, Thursday, 29 October 2009. 29 Oct 2009
Fans are scrambling to see 3D movies such as "Cloudy With a Chance of Meatballs" in cinemas this year, and new 3D televisions could soon have home viewers feeling as if they're surrounded by a spaghetti hurricane on their couches. 28 Oct 2009
The Consumer Price Index (CPI), used to measure South Africa's inflation, fell to 6.1% in September, Statistics South Africa (Stats SA) announced on Wednesday, 28 October 2009. 28 Oct 2009
Furniture group Ellerine Holdings says a major restructuring exercise started two years ago has helped the business weather the effect of the downturn and it is now poised to exploit new market opportunities. 28 Oct 2009
Retail giant Pick n Pay on Tuesday, 27 October 2009, refuted comments made by Shoprite with respect to the market shares of both companies, branding its statistics 'hogwash'. 28 Oct 2009
Social tools are becoming increasingly important as the Web becomes more social - yet retailers are struggling to find social tactics that drive real sales and ROI. Not every social activity is appropriate - it depends on the product a retailer sells, the competition, consumer behavior and the retailer's commitment to invest in the resources needed to develop and maintain social initiatives. 28 Oct 2009
A Moment in Time, an online photography charity auction for Missing Children SA is available from the Bell-Roberts Gallery in conjunction with Boss Models and Artist Management. Featuring works by some of South Africa's most talented fashion photographers, each work is an original ie 1/1 and signed by the artist. The auction closes on 30 October 2009. 28 Oct 2009
A new mini-factory development, comprising approximately 3000sqm in total will be ready for occupation in December 2010 in the Shelly Junction Business Park, ideally located just off the N2 at Shelly Beach, South Coast, KwaZulu-Natal. 28 Oct 2009
A R45 million fish hatchery is to be constructed in Gariep Dam in the Free State to not only supply local community projects, but create employment opportunities. 28 Oct 2009
Woolworths' new range of toys for babies and children feature icons on the packaging that assist parents in choosing the right toy for their child's age group and development needs. 28 Oct 2009
JC Le Roux is releasing two new additions to its sparkling wine range, the Scintilla and the Méthode Cap Classique Rosé. 28 Oct 2009
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