New car sales during 2003 are expected to have increased by 5% and there will be continued growth in 2004, according to Old Mutual bank manager Ben Stander. Reasons for the growth include lower interest rates and increased advertising. Differences in price and quality in middle-market brands are...
8 Jan 2004
SOCAP's mission is to improve the quality of consumer service provided by suppliers of goods and services. "We are all aware of the statistics about happy consumers informing five people and unhappy consumers informing 12" comments Ethne Whitley, Public Affairs Manager for Lever Pond's. SOCAP was...
13 Mar 2002
Old Mutual is closing FundsNet.co.za, it's unit trust trading Web site which only attracted R54 million since November 2000. They postulate that people with lots of spare cash prefer dealing with people.
28 Feb 2002
A product demonstration for Boeing's 777-200 had to be grounded recently when the engine went into auto shutdown. Boeing is pitched against Europe's Airbus for an SAA order of long-haul aircraft worth $1.5 billion. Both companies are keen for fresh orders following the industry downturn after the...
18 Feb 2002
Pick N' Pay CEO Raymond Ackerman will receive an honorary doctorate in commerce, from UCT. The doctorate recognises the role Ackerman has played through the years as a leader in South African retail, and for providing employment to 28 000.
11 Dec 2001
Sir Richard Branson's Virgin empire will be going into the credit card market at the beginning next year. The launch will be backed by £7.5m marketing campaign targeting 5 million known Virgin customers. The venture is the result of a partnership with US card giant MBNA.
4 Dec 2001
New cellular company, Cell C, launched this weekend, making 23 000 connections within the first 11 hours of operation. The company also says that they have 228 000 contract users waiting in the wings for the post-paid service terms to be revealed. The exact date for the launch of their contract...
19 Nov 2001
$120 Million of Harry Potter author, J.K. Rowling's amassed $186 million fortune comes from merchandising/product royalties. The rest is from book royalties.
16 Nov 2001