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The Competition Appeal Court has set aside the Competition Tribunal decision that Mittal Steel SA (ArcelorMittal South Africa) had contravened the Competition Act by charging an excessive price for its flat steel products to the detriment of consumers. 29 May 2009
PARIS: France's US-owned couture house Christian Lacroix SNC has declared insolvency after falling foul of the global crisis, the company said on Thursday, 28 May 2009. 29 May 2009
Two features of power and affluence stand out from my Durban boyhood. The one was textile mogul Philip Frame, and the other was the swanky American car, the Pontiac. 29 May 2009
Fashion retailer Foschini has not escaped the economic turmoil, but managed to improve operating margins as a result of improved second-half trading. 29 May 2009
After an 18-month trial of nasty discoveries, it's no wonder Leon Kirkinis, CEO of African Bank Investments (Abil), pauses when asked if given the chance again, he'd still buy Ellerines. 29 May 2009
Two new e-readers on the block: one cheaper, one touchier
Two upcoming e-readers demonstrated Wednesday could force changes in the market. They are Plastic Logic's reader and British firm Interead's Cool-er. 29 May 2009
The proliferation of customer relationship solutions presents an interesting challenge for small-business owners. How does a small organisation looking to control spending decide between common productivity tools, such as Microsoft Outlook or Excel, or a more robust solution? This decision is made more difficult by the emergence of free customer relationship management (CRM) and contact management (CM) solutions. 29 May 2009
Cash strapped consumers have been given another reprieve - the Reserve Bank's Monetary Policy Committee (MPC) has reduced the repo rate by a further 100 basis points. 29 May 2009
The Producer Price Index (PPI) for April slowed to 2.9%, from 5.3% in March, Statistics South Africa reported on Thursday, 28 May 2009. 28 May 2009
SA gets more competitive
The latest IMD World Competitiveness Yearbook rankings have placed South Africa's overall competitiveness from a ranking of 53 in 2008 to a marked rise in position to 48 in 2009. The global competitiveness survey released by Productivity SA ranks 57 countries in various areas of competitiveness. 28 May 2009
An investigation by The Times that bust a Soweto clinic worker for allegedly selling government-issued baby formula has sparked an inquiry into control of stock at state clinics. 28 May 2009
South Africa's major banks are deliberately obstructing the debt review process, the National Credit Regulator (NCR) said on Wednesday, 27 May 2009. 28 May 2009
Microsoft launching Zune HD
WASHINGTON: Microsoft plans to release a new version of its portable Zune music player later this year featuring a touch screen, Web browser, Wi-Fi connectivity and high-definition radio receiver. 28 May 2009
Heavy building materials supplier Buildworks on Wednesday, 27 May 2009, has reported that headline earnings per share for the six months ended February had declined from 5.65 cents to 3.47 cents. 28 May 2009
Super Group, the supply chain and fleet management group, on Thursday advised shareholders that it is in discussions with interested parties relating to the potential disposal of its retail division, specifically the AutoZone and Mica businesses. 28 May 2009
SA's two largest retailers have said they had nothing to hide about their relationships with suppliers and would welcome an investigation by the Competition Commission, as suggested this week by the National Agriculture Marketing Council (NAMC). 28 May 2009
Edcon spending pays off as sales increase
SA's largest clothing retailer Edcon, delisted since April 2007, said yesterday, 27 May 2009, it spent R571m in the year to March 2009, mostly on new stores, refurbishments and a new point-of-sale system. 28 May 2009
EA is prepping to release the third installment of 'The Sims', a series of games in which the all-seeing player controls the lives and interactions of virtual people. 'The Sims 3' will give players more control over things like characters' personality traits, EA says. Perhaps taking a cue from the backlash over the tight digital rights restrictions contained in 'Spore', The Sims 3 will have no DRM. 28 May 2009
The Consumer Price Index used to measure inflation, dropped to 8.4% in April, reported Statistics South Africa (Stats SA). 27 May 2009
Massmart's bid for Finro hits snag
Mass retailer Massmart may be blocked in its bid to buy Finro Cash & Carry to grow subsidiary Masscash as the deal would limit competition in the food sector in Port Elizabeth, especially affecting low-income earners. 27 May 2009
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