![]() 31 May 2010 |
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Petrol price predicament![]() Just when I think government has every glorious reason under the sun to up the petrol price - the recent Transnet strike, the monster influx of tourists we intend to make a mint from, the extended school holidays - the bunch down at the minerals and energy department decide to drop fuel costs instead. This is obviously great news for all of us, so please excuse me for looking this particular gift horse in the chompers. Sure, the upcoming cup is a perfect opportunity to plaster on that hospitable smile and make things cheaper for our guests. Does that mean we'll be looking at a further drop next month, or will the 'powers that be' play it safe and keep the price where it is for another month? But what happens when the game is over and all the foreigners fly home? With an estimated 6 to 7 billion rand loss to the economy during the strike, and the fuel industry being one of the major affected players, it would be perfectly understandable to attempt to recoup these losses by any means. Fuel inflation, food inflation... the question is not so much 'how' but 'when'? We'll just have to wait and see.
Shan Radcliffe, Retail editor Please send retail news to: retailnews@bizcommunity.com Responses to this column welcomed in our new online editor's column archive. Image courtesy of FreeDigitalPhotos.net and M_Bartosch Top stories
RetailFinal chance to grab World Cup tickets Around 90 000 additional tickets for the 2010 FIFA World Cup will be made available for public sale across all 64 matches from Friday, 28 May 2010. Read more >>CPI falls to 4.8% in AprilThe Consumer Price Index (CPI) in April fell below market expectation at 4.8% year-on-year, Statistics South Africa (Stats SA) announced on Wednesday, 26 May 2010. Read more >>Guild auction tasting offers rare wines Prior to the Nedbank Cape Winemakers Guild (CWG) Auction to be held in October 2010 at Spier Conference Centre, there will be an informal tasting during the its showcase in Cape Town on 12 August and Johannesburg on 2 September, when members of the Guild will present the 2010 collection of their finest selection of wines. Read more >>Brand newsClothing & TextilesSA clothing sector rally for industry's growthCaught between the threat of cut-price imports and the scourge of unfair trade practices, the South African clothing industry has had its most inclusive stakeholder meeting to date in Cape Town on 27 May 2010, to thrash out new ideas for shoring up the sector's competitiveness. Also under discussion was the industry's contribution to national interest goals, such as reversing the de-industrialisation of the domestic economy and creating decent jobs. Read more >>Commercial propertyCorporate Social InvestmentLast call for Jet Community Award nominations The annual Jet Community Awards competition closes for entries on Monday 31 May 2010. Read more >>DistributionExhibitionsFestival to market Africa during World Cup[Nthambeleni Gabara] The kick-off of the 2010 FIFA World Cup on 11 June will coincide with the inaugural Festival of Africa. Read more >>Register now for WasteCon 2010The early bird registration for WasteCon 2010 closes on 31 May 2010. Focusing on the theme "What is your Waste Footprint?", the Institute of Waste Management of Southern Africa (IWMSA) will present a five-day conference and exhibition on 4-8 October at Emperors Palace Convention Centre, Johannesburg. Read more >>Green sustainabilityHospitalityTime for SA's hospitality staff to shineManufacturingPPI rises to 5.5% in AprilThe Producer Price Index (PPI) in April rose by 5.5% year-on-year said Statistics South Africa on Thursday, 27 May 2010. Read more >>RegulatoryNestle accused of bio-pirating genetic resourcesMultinational food giant Nestle has been accused of bio-pirating South Africa's genetic resources. Read more >>ResearchRetail marketingRecession marketing for shopping malls [Linette Imrie] It is during the tough times, like the recent recession, that retailers tend to increase communication with marketing consultants and tenants; however, during boom times shopping centre tenants are generally quiet and fail to communicate to the centres' marketing departments. Read more >>Eastern Cape campaign urges visitors to buy mohairSweet potatoes add orange glow to menu At a 'sweet' launch at the Kitchen Bar in the Design Quarter, Fourways, chefs and retailers were invited to watch Andrew Atkinson, executive chef at the Michelangelo Hotel, turn the newly launched McCain alternative sweet potato into surprising dishes. Read more >>Retail servicesRetailersFoschini to expand with new stores[Zeenat Moorad] Fashion retailer Foschini on Thursday, 27 May 2010, said that in line with the group's strategy of investing for long-term growth, it will open in the region of 100 new stores in the year ahead, increasing its trading space by approximately 7%. Read more >>Union Tiles to launch in Cape TownJohannesburg-based Union Tiles has purchased a prime 3000sqm commercial property in Paarden Eiland's main road in Cape Town to launch its Cape Town store. Local JHI broker Seamus Daly in conjunction with Greenlight Auctions concluded the sale of the property for an undisclosed sum. Read more >>Engen dealers get subsidised credit card chargesEngen announced yesterday, Monday 24 May 2010, that it will share the burden of bank transaction costs halfway with its dealers over the World Cup period, which will significantly improve dealer profitability on credit card fuel sales. Read more >>SecurityPublic urged to exchange old R200 notes The public has until Monday, 31 May 2010, to exchange their old R200 notes for the new upgraded ones, the South African Reserve Bank (SARB) said on Wednesday, 26 May. Read more >>Shipping & TransportPetrol price drops by 27 centsSouth African motorists will be able to breathe a sigh of relief this week - as all grades of petrol will drop by 27 cents a litre, the Department of Minerals and Energy announced on Friday, 28 May 2010. Read more >>Transnet, Satawu ink wage deal[Artwell Dlamini] Transnet and the South African Transport and Allied Workers Union (Satawu) on Thursday, 27 May 2010, finally broke the deadlock, ending the three-week-long wage dispute that has cost an estimated at R7 billion, crippled the parastatal's operations and led to the accumulation of a backlog. Read more >>Supply chainTechnologyTrainingTourism training for Sasol forecourt attendantsSasol forecourt attendants in Johannesburg will be trained on all tourism attractions in the city to enhance its customers' experience to its fuel stations by offering directions, information and insight into the tourist attractions in and around the city. Read more >>
Samsung goes ski jumping at bus stops RETAILOlympic sponsor Samsung wanted to promote its latest phone, the Omnia Qwerty, and bring the spirit of the Winter Olympic Games to the streets of Amsterdam as part of its 'Experience the Olympics wherever you are' campaign.
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Fatboy Slim at H20 Winter Wonderland RETAIL Fatboy Slim, one of the England football team's most loyal supporters, will be visiting SA over the World Cup period and appearing at H2O on Tuesday, 15 June, 2010, at the Wild Waters Complex, Boksburg, Johannesburg. The Plastics release latest album Shark RETAIL [Ruth Cooper] BizLounge met up with drummer Sasha Righini and lead guitarist Arjuna Kohlstock of The Plastics and their manger Jeremy Moyle ahead of the release of their latest album Shark (which should hit stores early June) to chat about their new album and sound and how Gordan Rafael, best known for his involvement with the Strokes, became involved in the production. FHM and Samsung 3D reveal the world's sexiest woman RETAIL [Ilva Pieterse] As host, FHM never fails to impress and this year's 100 Sexiest Women in the World party was no exception. On Friday, 21 May, 2010, The Corner House in Simmonds Street accommodated some of Johannesburg's finest people, drinks, food and entertainment. Leon and Alfred at it again RETAIL [Patricia Pieterse] I once thought I was a movie snob, but I will admit I laughed out loud at this one. The kind of laugh that propels your torso forward in the chair. Deciphering Die Antwoord RETAIL [Mandy de Waal] Die Antwoord has gone from zip to zef at the speed of light. At the beginning of the year Die Antwoord were living in relative obscurity, the next we knew they were pulling the middle finger at the world.
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