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 | Fifi Peters Retail shares fell further out of favour with investors‚ as market participants digested the bitter consequences of a higher interest rate on South African consumers already struggling to make ends meet. Read more >>
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 | Sanjeev Orie Economists continue to emphasise that South Africa is not out of the woods yet and the rise of nearly 40 cents per litre for unleaded and high-octane forms of petrol exerts even more pressure on various sectors of our economy, including small business. Read more >>
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Gillian Jones and Zeenat Moorad |
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 | LONDON, UK: Britain's Diageo, the world's biggest producer of alcoholic drinks, announced on Monday that it has bought premium tequila brand Peligroso for an undisclosed amount. Read more >>
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 | The South African Property Owners Association (SAPOA) expects more development and diversification from the commercial property sector in 2014 and adds that efficient towns and cities with competitive rates and taxes stand to benefit from more commercial property investment and development. Read more >>
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 | Issued by The Pavilion - The Incredible Journey The Pavilion Shopping Centre in Durban is undergoing a massive structural redesign and redevelopment, dubbed the Incredible Journey, as part of its Master Development Plan (MDP) worth approximately R228 million. Read more >>
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Amanda Visser |
Alistair Anderson |
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 | Online auctioning, which allows the selling of goods and properties online in a live format, started surfacing in the US around 10 years ago and is now slowly making its way into Africa. Read more >>
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 | Africa is fast becoming the 'New Frontier', bucking the trend of stagnant world markets. Its population of almost one billion people comprises a rapidly expanding middle class with ever-increasing wealth and disposable income. Read more >>
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 | Marcel Strauss As with most new years, hopes are high, goals are set and entrepreneurs are eager to make 2014 the best year ever. While some are eager to start a business from scratch, many prefer to have more support and structure, provided when investing in an existing business such as franchising which can build on an established brand. Read more >>
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 | Taste Holdings has broadened its reach into the lower income market by acquiring Zebro's Chicken for R17 million. The deal is effective 1 March and will be paid equally in cash and Taste shares to the sellers. Read more >>
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 | Nick Hedley Global fast-food chain Burger King is hoping to replicate its success in the Western Cape when it enters the more lucrative Gauteng market this weekend. Read more >>
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 | About 1‚700 positions may be cut at hotel and gaming group Sun International, which on Wednesday (29 January) said it had entered a consultation process regarding a possible restructuring‚ to capitalise on efficiency‚ improve revenues and increase profitability. Read more >>
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 | Zeenat Moorad Ocean Basket, the seafood restaurant famous for serving meals in frying pans, has aggressive plans to expand globally over the next three years. Read more >>
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 | Nick Hedley New vehicle prices are the latest casualty of the weakening rand, prompting motor industry companies to predict a double-digit inflation rate for this year. Read more >>
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 | Issued by Skydirect Pick n Pay Northmead has deployed Pricer electronic shelf labels (ESLs) and, due to its ability to draw customer attention to promotional prices better than outdated paper methods, has increased sales turnover of those items by up to 4.5%. Read more >>
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 | Max Gebhardt Comair's chief executive Erik Venter has dismissed talk that airline ticket prices could come down if there was a new entrant into the market. He said far from there being a shortage of capacity since the demise of 1time in 2011‚ the local airline market is still plagued by over-capacity in terms of the number of available seats. Read more >>
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Max Gebhardt |
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 | Maarten Mittner Trading conditions in the manufacturing sector remain challenging‚ with the seasonally adjusted Kagiso purchasing managers index (PMI) starting the year unchanged at 49.9 points. Read more >>
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 | Industry body the Manufacturing Circle says it is too early to assess the effect the rapid decline in the rand is having on South African industry. Read more >>
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 | Issued by Pyrotec Markem-Imaje Corporation recently announced the acquisition of Heidelberg's CSAT inkjet subsidiary. Pyrotec is the sole South African distributor of Markem-Imaje's range of machinery and can now also offer CSAT printing solutions to its customers as a result of the acquisition. Read more >>
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 | Increased consumer interest in mobile banking - particularly when facilitated by cellular technology - was one of the key findings of The Mobility 2014 research study, conducted by Arthur Goldstuck's World Wide Worx with the backing of First National Bank. Read more >>
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 | Zeenat Moorad US fashion brand Forever 21 is to open its first store on the African continent in Hyprop Investments' Canal Walk Shopping Centre in Cape Town. Read more >>
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 | Zeenat Moorad Amid constrained consumer spending‚ Clicks Group on Thursday, 30 January 2014, reported an 11.6% rise in sales to R7.7bn in the 21 weeks to 19 January‚ driven primarily by a strong performance of UPD‚ its wholesale pharmacy business. Read more >>
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 | Entries are open for the Boxer Youth Leadership Programme, the annual five day adventure and skills development programme for SA youth, and must be in by 28 February 2014. Read more >>
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 | To increase the transformation in the wine industry, the Cape Winemakers Guild has increased the number of protégés participating it its mentorship programme to eight with the induction of two new recruits in 2014. Read more >>
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 | NEW YORK, USA: Twitter has acquired more than 900 patents from computing giant IBM, ending a dispute between the two companies, a joint announcement said. Read more >>
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 | BEIJING, CHINA: In 1984, with only US$25,000 in Chinese government funding and a dusty 20-square-metre bungalow as their headquarters, a small group of scientists in Beijing founded a firm called New Technology Developer Inc. Read more >>
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 | TOKYO, JAPAN: Japan's Canon said that it missed its full-year profit target because of a slump in demand for its digital cameras as consumers increasingly turn to smartphones to take pictures. Read more >>
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 | WASHINGTON - Global sales of tablet computers rose by 50.6% last year, with Apple clinging to the top vendor spot amid strong gains by rivals, a survey released on Wednesday, 29 January, showed. Read more >>
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More International
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 | Hapless and helpless, South Africa's struggling national carrier awaits news on a state cash injection vital to stay in the skies, but which shows up its inability to make money. Read more >>
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 | The South African National Roads Agency Limited (Sanral) and the Johannesburg Metro Police Department (JMPD) have distanced themselves from an email warning motorists about roadblocks on the e-toll roads to force motorists to buy e-tags. Read more >>
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 | Thabiso Mochiko Mobile operators MTN and Vodacom appear to be threatening legal action over the Independent Communications Authority of South Africa's (Icasa) decision to increase the termination rate they should pay to smaller rivals. Read more >>
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 | Thabiso Mochiko The Independent Communications Authority of South Africa (Icasa) released the final regulations on mobile termination rates on Wednesday, 29 January, that will see Vodacom and MTN pay 44c a minute to small operators‚ a decision the JSE-listed companies are likely to oppose. Read more >>
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 | Linda Ensor The Transnet National Ports Authority (TNPA) needed an average 8.5% tariff increase from the Ports Regulator this year to afford much-needed capital expenditure of R2.4bn that needs to be spent according to TNPA's chief executive Tau Morwe. Read more >>
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Michael Stein |
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Thabiso Mochiko |
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Linda Ensor |
More Government news
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 | Brian Berkman I returned to Bushmans Kloof in the Cederberg to find my healthier inner-self and connected with the ancestors in the process. Read more >>
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 | Innovative technology-driven digital solutions company seeking senior eCommerce developer (offering free coffee and paper clips)! Read more >> |
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Feet @ the BeachPrana Lodge Private Beach Estate and Spa - 8 Feb 2014 to 9 Feb 2014 Chintsa East |
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Mary Webb "Saddle your dreams before you ride em." Bertolt Brecht "Because things are the way they are, things will not stay the way they are." Johann Georg Hamann "The farther reason looks the greater is the haze in which it loses itself." Malcolm de Chazal "The flower in the vase smiles, but no longer laughs." Augustus Hare "The intellect of the wise is like glass; it admits the light of heaven and reflects it." |
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