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JOBS NEWS

Woolworths opens biggest food market to date

Woolworths opens biggest food market to date

05/12/2013 - 15:46
On Thursday, 28 November, the biggest Woolworths food market to date opened at Waterstone Village, Somerset West in the Western Cape. With a truly comprehensive range of Woolworths own products including some exciting innovative ideas and more product categories, as well as more of South Africa’s favourite brands  read more
Namibia Breweries to take over micro-brewery brands

Namibia Breweries to take over micro-brewery brands

05/12/2013 - 11:08
Local brewing giant Namibia Breweries is set to take over the equipment and brands of the financially troubled micro brewer, Camelthorn Brewing. read more
South African economic growth “held back”

South African economic growth “held back”

04/12/2013 - 08:46
The growth of the South African economy was held back and activity slowed in the third quarter of 2013, the SA Reserve Bank said on Tuesday.  read more
Zambian Breweries malting plant put on hold

Zambian Breweries malting plant put on hold

02/12/2013 - 10:08
Zambian Breweries (ZB) has halted the construction of the K173 million malting plant following Government’s reintroduction of a 60 per cent excise duty on clear beer in the 2014 National Budget.  read more
Namibia: First stores open at Keetmans Mall

Namibia: First stores open at Keetmans Mall

02/12/2013 - 09:49
Hundreds of shoppers flocked to the Keetmanshoop Old Mutual Retail Centre last month after Crazy Stores became the first outlet to open its doors to the public with Fashion Express and Exact following suit.  read more
Namibian farmers back Meatco’s claim for bigger Norway quota

Namibian farmers back Meatco’s claim for bigger Norway quota

02/12/2013 - 09:30
The Meat Board and unions representing the interest of farmers in the country have backed the country’s biggest meat producer, Meatco, to request that it should get the biggest shares of the 1 600 tonnes export quota to Norway.  read more
Shoprite Checkers opens 1000th supermarket

Shoprite Checkers opens 1000th supermarket

29/11/2013 - 08:41
Shoprite Checkers will celebrate the opening of its 1000th supermarket in Africa when a new generation Checkers store opens its doors for trading in the Western Cape on Thursday, 28 November 2013. Checkers Zevenwacht is located in the Shoprite Group’s newly developed shopping centre, Langverwacht Plein, in Kuils River.  read more
Woolworths always listens, says chief

Woolworths always listens, says chief

27/11/2013 - 12:22
According to Woolworths chief executive Ian Moir, the company always listens to what its shareholders say about executive remuneration, “especially those who have issues” with the subject. read more
HP turnaround takes hold

HP turnaround takes hold

27/11/2013 - 11:50
Hewlett-Packard Co beat revenue forecasts as sales growth in its enterprise group inspired cautious optimism about the company’s turnaround plan, and its shares rallied more than 7 percent.  read more
Loblaw COO named ShopKo CEO

Loblaw COO named ShopKo CEO

27/11/2013 - 11:14
Green Bay, Wis. -- Shopko on Monday named Peter McMahon, most recently COO of Loblaws, as its new CEO, effective immediately. Loblaws is Canada’s largest food retailer with over $30 billion in sales.  read more
Rice production increases in Ghana

Rice production increases in Ghana

26/11/2013 - 09:02
There has been significant increase in per-hectare yield of rice farms in the Atwima-Mponua District following the introduction of improved technologies. - See more at: http://www.ghanabusinessnews.com/2013/11/25/rice-production-goes-up-in-atwima-mponua/#sthash.vcQUOSi0.dpuf read more
Naivas supermarket opens 29th store at Mountain Mall, Kenya

Naivas supermarket opens 29th store at Mountain Mall, Kenya

26/11/2013 - 08:48
The Naivas chain of supermarkets has opened a new branch, Mountain Mall, on the Thika superhighway. This is the chain's 29th store.  read more
Allow maize bran export, Millers appeal to government, Zambia

Allow maize bran export, Millers appeal to government, Zambia

22/11/2013 - 10:01
Millers are grappling with stockpiles of maize bran after Government halted the export of the commodity in September this year. read more
Barley crop can bring N$200 million boost to local farmers says Namibia Breweries

Barley crop can bring N$200 million boost to local farmers says Namibia Breweries

18/11/2013 - 10:50
Brewing giant Namibia Breweries Ltd (NBL) says local production of malted barley and other related crops will result in a financial boost to the agricultural sector as farmers are expected to generate around N$200 million in revenue annually. read more
Consumption forecast growth drives mall mania, Report, Gabarone

Consumption forecast growth drives mall mania, Report, Gabarone

18/11/2013 - 10:21
There is a proliferation of shopping malls in Gaborone, in the last decade, raising questions of whether locals have the spending power to sustain the malls, economically. Property developers concede that the retail property market is subdued but remains one of the most viable business propositions to date. read more
Manufacturing confidence low

Manufacturing confidence low

15/11/2013 - 08:12
Business confidence in the manufacturing sector was weak in the third quarter of this year, according to a Manufacturing Circle survey. read more
North West on drive to create 20 000 new jobs

North West on drive to create 20 000 new jobs

15/11/2013 - 08:07
The North West provincial government is on a drive to create 20 000 jobs, starting on December 1. read more
Choppies Supermarket buys stake in Zim company

Choppies Supermarket buys stake in Zim company

14/11/2013 - 12:09
Retailer, Choppies Enterprises Limited is said to have gone into agreement with an unnamed Zimbabwean company to acquire 49 percent of its total share holding. The unnamed company is believed to be in the business of running supermarkets and it is understood to be running ten retail stores in Zimbabwe. read more
Kenya Breweries to pay farmers more for barley

Kenya Breweries to pay farmers more for barley

14/11/2013 - 11:33
East African Breweries has increased the amount of money it pays farmers for 90kg bag of barley by 17 per cent, from Sh2800 in 2012 to Sh3285.  read more
R13bn Adcock deal faces threat

R13bn Adcock deal faces threat

12/11/2013 - 09:39
Johannesburg - Chile's CFR on Monday threatened to pull out its R13.48bn (at Monday's rand/dollar exchange rate) deal to buy drug maker Adcock Ingram if it does not win support from the state pension fund that ranks as Adcock's biggest shareholder. read more
BlackBerry board not keen on break-up

BlackBerry board not keen on break-up

12/11/2013 - 09:03
BlackBerry Ltd’s board does not believe a break-up of the Canadian smartphone maker is currently in its best interests, even though Microsoft Corp, Apple Inc and Lenovo Group Ltd, among others, have expressed interest in acquiring parts of the company, according to people familiar with the discussions. read more
SA still unfavourable for job creation

SA still unfavourable for job creation

12/11/2013 - 08:51
Cape Town - The permanent employment sector in SA has seen modest gains for the first time in 15 months, according to the latest Adcorp Employment Index.  read more
Grove Mall construction on track, Windhoek, opening October 2014.

Grove Mall construction on track, Windhoek, opening October 2014.

08/11/2013 - 10:11
According to Charles Fourie of Safland Property Group, the construction of the Grove Mall of Namibia is running smoothly and is on track. To date 90% of the Grove Mall has been rented out ahead of its official opening in 2014.  read more
Milk dispute breaks out, Namibia

Milk dispute breaks out, Namibia

08/11/2013 - 09:33
The Association of Meat Importers and Exporters of Namibia, which represents the interest of dairy and meat importers and exporters, has said that the recent decision by government to limit the amount of milk imported into the country will limit consumer choices.  read more
SA Breweries strike ends

SA Breweries strike ends

07/11/2013 - 09:19
Johannesburg - The strike at SA Breweries (SAB) is over, the company said on Tuesday.  read more
SA's PMI rises in October - HSBC

SA's PMI rises in October - HSBC

06/11/2013 - 08:59
Johannesburg - South Africa's HSBC Purchasing Managers' Index rose to 51.5 in October from 49.8 in September, its biggest expansion in 10 months as producers recovered from labour strikes, a survey showed on Tuesday. read more
Super-regional Cradlestone Mall opens for trade in Mogale City on 20 November

Super-regional Cradlestone Mall opens for trade in Mogale City on 20 November

04/11/2013 - 16:07
The super-regional 76 000sqm Cradlestone Mall is set to open its doors in Mogale City on 20 November 2013, with more than 200 stores offering unparalleled choice to shoppers, both local and from further afield. read more
Commercial space rent doubles in Nakuru town, boosted by retail chains

Commercial space rent doubles in Nakuru town, boosted by retail chains

01/11/2013 - 08:27
Construction of commercial space is turning out a lucrative venture for landlords in Nakuru as letting prices appreciate. Prices have doubled from Sh20-30 per square foot a month three years ago to Sh60-70 per square foot, a spot check by the Star reveals. read more
Uchumi workers to close shop over pay

Uchumi workers to close shop over pay

31/10/2013 - 08:23
Uchumi supermarkets could grind to a halt next Wednesday if employees make good their threat to down their tools. The Kenya Union of Commercial Food and Allied Workers has issued a strike notice dated October 9 to pressurise the supermarket chain's management to meet workers' demands for higher pay. read more
25 milling plants coming, Zambia

25 milling plants coming, Zambia

30/10/2013 - 09:30
THE Zambia Cooperative Federation (ZCF) is scouting for US$21 million to set up milling plants in 25 districts. read more
Tesco vows to curb Britain's food waste

Tesco vows to curb Britain's food waste

28/10/2013 - 09:07
Berlin - Tesco, Britain's biggest retailer, has vowed to cut the near 60 000 tonnes of food wasted by its suppliers and shoppers each year, the latest firm volunteering to help tackle a growing environmental problem. read more
SA lacks international business brand

SA lacks international business brand

28/10/2013 - 09:00
Cape Town – The persistent weakness in the perception of SA in international media coverage is the under-representation of SA’s business sector and the difficulty to identify a business leader or leaders “representative" of the country. read more
Clicks climbs after annual results

Clicks climbs after annual results

25/10/2013 - 11:12
Johannesburg - South African beauty and pharmaceutical retailer, Clicks, has said trading over the Christmas holiday season is critical to its fiscal 2014 performance as consumer spending remains weak read more
Manufacturers’ sentiment index jumps to 36,61 in third quarter, Namibia

Manufacturers’ sentiment index jumps to 36,61 in third quarter, Namibia

23/10/2013 - 10:12
The manufacturers’ sentiment index jumped to 36,61 in the third quarter of this year from the -14,89 recorded at the end of the previous quarter, Simonis Storm Securities (SSS) said in a report released earlier this month. read more
Shoprite operating normally, license intact - minister, Zambia

Shoprite operating normally, license intact - minister, Zambia

22/10/2013 - 09:30
Minister of Labour and Social Security, Fackson Shamenda, says Shoprite is operating normally and its operating licence is still in force. read more
UNZA shopping mall to cost K248m. Zambia

UNZA shopping mall to cost K248m. Zambia

22/10/2013 - 09:06
The construction of a shopping mall to be the property of the University of Zambia (UNZA) Great East Road campus will cost K248 million. read more
Role of venture capital in Namibian economic growth

Role of venture capital in Namibian economic growth

22/10/2013 - 08:06
The Namibian Government is injecting huge stimulus into the Namibian economy in order to accelerate the growth of local enterprises. The recent promulgation of the amended Regulation 28 and 29 of the Pension Funds Act has the potential to unlock capital and channel its flow towards entrepreneurial businesses. read more
Pioneer to slash jobs in cost cut drive

Pioneer to slash jobs in cost cut drive

21/10/2013 - 11:17
Johannesburg - Food manufacturer Pioneer Foods [JSE:PFG] is cutting jobs as part of a restructuring process to reduce costs in the face of constrained consumer spending, its chief executive has said.  read more
Dunavant diversifies to buying maize, soya beans, Zambia

Dunavant diversifies to buying maize, soya beans, Zambia

16/10/2013 - 11:30
NWK Agri-services, formerly Dunavant Zambia, has diversified its commodity buying opportunities from cotton to soya beans and maize. read more
Shoprite boss puts blame on manufacturing

Shoprite boss puts blame on manufacturing

16/10/2013 - 11:06
Shoprite chief executive Whitey Basson has moved beyond blaming the usual suspects of unions and labour legislation for South Africa’s economic woes and has lashed out at the “declining” manufacturing sector for its lack of innovation and competitiveness. read more
Sainsbury’s plans ‘dark store’ UK

Sainsbury’s plans ‘dark store’ UK

15/10/2013 - 11:14
London - J Sainsbury, Britain's No. 3 supermarket, plans to open its first distribution centre dedicated to online grocery orders in response to rapidly increasing demand in south-east England. read more
Namibia Breweries Financial Director driven by purpose

Namibia Breweries Financial Director driven by purpose

15/10/2013 - 10:32
It is slightly less than a month since Graeme Mouton was appointed as the new Financial Director of Namibia Breweries Limited but already he says he is inspired by the O&L Purpose “Creating a future, enhancing life.” read more
Family Dollar names Jason Reiser as senior VP/lead merchandiser

Family Dollar names Jason Reiser as senior VP/lead merchandiser

15/10/2013 - 10:17
Matthews, N.C. -- Family Dollar has elevated Jason Reiser to the position of senior VP/lead merchandising officer at Family Dollar, according to an internal memo from company president and COO Mike Bloom. read more
Attacq lists on the JSE

Attacq lists on the JSE

14/10/2013 - 11:00
Bringing its unique investor proposition to market, Attacq Limited today listed on the Main Board of the JSE, under the Real Estate - Real Estate Holdings and Development sector, with the short code “ATT”. read more
SABMiller: Stock hit by Unilever data, strike

SABMiller: Stock hit by Unilever data, strike

14/10/2013 - 10:30
SABMiller suffered its biggest weekly decline in more than two years last week as a strike at its South African beer operations continued and Unilever said sales growth slowed in emerging markets.  read more
Asian bacteria threatens Florida oranges

Asian bacteria threatens Florida oranges

14/10/2013 - 09:13
Washington - Citrus production in Florida, the world's second largest orange juice supplier after Brazil, is being threatened by a bacteria from Asia that has scientists racing for a remedy. read more
CEOs: Africa is on the rise

CEOs: Africa is on the rise

14/10/2013 - 08:56
Johannesburg - Africa’s CEOs are optimistic about the prospects for growth over the next 12 months, according to the PWC Africa Business Agenda 2013. read more
Delhaize Europe CEO resigns

Delhaize Europe CEO resigns

09/10/2013 - 08:19
Brussels - The CEO of Delhaize Group's European division has resigned, effective Oct. 31, the Belgian supermarket operator said. read more
Jozini Mall en-route to Mozambique, opening 24 October 2013

Jozini Mall en-route to Mozambique, opening 24 October 2013

08/10/2013 - 15:33
Jozini Mall, the new 18,220 square metre community shopping centre in North-Eastern KwaZulu-Natal, is now fully let and will open on Thursday, 24th October 2013. read more
Retailers line up for position at Heidelberg Mall, Gauteng

Retailers line up for position at Heidelberg Mall, Gauteng

08/10/2013 - 08:02
Heidelberg Mall, set to open in October 2014, is already attracting a powerhouse of leading retailers a full year before it opens, including some of South Africa’s most popular national stores.  read more
Woolworths chairman calls for a new economic growth philosophy, South Africa

Woolworths chairman calls for a new economic growth philosophy, South Africa

08/10/2013 - 07:42
Simon Susman, the Woolworths chairman, is the latest big businessman to put the cat among the government pigeons by suggesting that the labour market environment is too constraining.  read more
BlackBerry hit with class action lawsuit

BlackBerry hit with class action lawsuit

07/10/2013 - 09:04
A shareholder of BlackBerry Ltd sued the company and its executives on Friday, accusing them of inflating the stock price by painting a misleadingly rosy picture of the business prospects of its BlackBerry 10 smartphone line. read more
New Westlane Shopping Centre development goes ahead, Pioneers Park, Windhoek

New Westlane Shopping Centre development goes ahead, Pioneers Park, Windhoek

03/10/2013 - 11:47
Windhoek is fast becoming a hub for dedicated shoppers with the marked increase in the construction and extension of shopping centres. Residents of Pioneers Park Extension 1 can now look forward to closer access to groceries, fast food and medicine at the Westlane Shopping Centre which is currently under construction.  read more
BlackBerry reports $965 million loss

BlackBerry reports $965 million loss

30/09/2013 - 13:19
On Friday, struggling mobile handset maker BlackBerry reported a loss of $965 million, or $1.84 per share diluted, for the three months ended August 2013, compared with a prior loss of $235 million. read more
How mobile is lifting South Africa’s GDP

How mobile is lifting South Africa’s GDP

30/09/2013 - 13:01
South Africa’s GDP per capita is anticipated to grow by US$241 a year between 2010 and 2020, due to an increase in mobile phone subscriptions.  read more
Prada: China is performing well

Prada: China is performing well

18/09/2013 - 15:33
Milan - Prada is seeing green shoots in Europe and feels confident about China, its biggest market, even though sales slowed in the first half, the luxury Italian fashion house said on Tuesday. read more
Debt grows to N$80bn in July, Namibia

Debt grows to N$80bn in July, Namibia

13/09/2013 - 10:22
The total Namibian debt (comprising domestic and foreign government, corporate and household debt) grew by 0,43% during July to N$80,98 billion, representing an annual growth rate of 9,93%, slightly lower than the growth recorded in June of 10,15%.  read more
Banana industry receives more investment, Ghana

Banana industry receives more investment, Ghana

11/09/2013 - 09:45
Government has secured a loan of 7.3 million euros for investment in the banana industry to ensure the production of quality bananas for export, said Dr Hawkins Asiedu, a Director at the Ministry of Trade and Industry.  read more
V&A Waterfront contributes R198-billion to South Africa’s GDP

V&A Waterfront contributes R198-billion to South Africa’s GDP

10/09/2013 - 11:02
Cape Town, Monday 9 September: According to the results of an economic impact study conducted by economists Economics Information Services (EiS) led by Barry Standish, the V&A Waterfront should be viewed as an economic hub which has contributed some R198-billion to the South African economy over the last ten years alone.  read more
Zambia ranked 7th competitive economy in Africa and 93rd in the World

Zambia ranked 7th competitive economy in Africa and 93rd in the World

09/09/2013 - 10:28
The World Economic Forum (WEF) has ranked Zambia as one of the top 10 most competitive economies in Africa for 2013. read more
Supasave acquisition to yield P10m profit for Choppies, Botswana

Supasave acquisition to yield P10m profit for Choppies, Botswana

09/09/2013 - 09:29
The acquisition of Supasave by Choppies is set to improve the latter's revenue by at least P200 million in the next financial year.  read more
Debt continues to grow, Namibia

Debt continues to grow, Namibia

04/09/2013 - 15:25
The Bank of Namibia has released its selected monthly statistics for June. The statistics show that total Namibian debt (comprising domestic and foreign government, corporate and household debt) grew by 1.19% during June to N$80.64 billion. This represents an annual growth rate of 10.15%, slightly lower than the growth recorded in May of 10,2%.  read more
Nakumatt to invest Sh1.2 billion under new strategy

Nakumatt to invest Sh1.2 billion under new strategy

03/09/2013 - 08:16
Nakumatt Holdings has announced plans to pursue a departmental store development project at an investment cost of Sh1.2 billion. The strategy, which will involve the construction of several brand aligned concept stores, will be executed concurrently with an on-going branch expansion strategy across the region. read more
 Massmart’s Supplier Development Fund initiative, Ezemvelo, rolls out to four provinces

Massmart’s Supplier Development Fund initiative, Ezemvelo, rolls out to four provinces

02/09/2013 - 10:59
Massmart’s Direct Farm Programme, Ezemvelo, launched in August 2012, under the auspices of the group’s Supplier Development Fund, continues to extend its reach and is now operating in four provinces in South Africa, namely Limpopo, Gauteng, Mpumalanga and KwaZulu-Natal.  read more
Pick n Pay sheds 400 jobs over costs

Pick n Pay sheds 400 jobs over costs

02/09/2013 - 10:01
Johannesburg - About 400 Pick n Pay employees will be jobless in the coming months after the company retrenched workers to cut costs. read more
Huawei appoints new CEO for South Africa

Huawei appoints new CEO for South Africa

30/08/2013 - 08:27
Huawei, the Chinese multinational networking and telecommunications equipment and services company, has appointed Wilson Liu as the new CEO for its South African operations.  read more
Alert Steel and Build launches Megastores

Alert Steel and Build launches Megastores

29/08/2013 - 14:22
Alert Steel and Build announces the launch of its megastores in Gauteng, Limpopo and North West, where timber, plumbing, hardware and building materials have been introduced. read more
Spar to open Angola store

Spar to open Angola store

29/08/2013 - 10:41
Johannesburg - Spar Group Ltd., a South African food and liquor retailer, is working with an Angolan partner to open a store in the country’s capital, Luanda, in the next six months, Finance Director Mark Godfrey said. read more
Mérieux NutriSciences invests in chemistry lab in South Africa

Mérieux NutriSciences invests in chemistry lab in South Africa

28/08/2013 - 11:59
August 28, 2013 - In response to increasing client requirements, Mérieux NutriSciences through its Swift Silliker subsidiary, announced the launch of a new chemistry laboratory in Midrand, Johannesburg, today. After 22 years as a market leader in microbiological testing in South Africa, this marks the beginning of a new era for Swift Silliker. The launch of this laboratory directly answers growing customer demand for chemistry testing, broadening the scope of services offered by Swift Silliker to provide food clients with one-stop services. read more
Tanzanian firm to open ginnery in Zambia

Tanzanian firm to open ginnery in Zambia

27/08/2013 - 09:44
A Tanzanian firm has indicated its intention to set up a cotton ginnery in Zambia to provide a ready market for small-scale cotton growers in the country. read more
Clothing wage deal on the cards

Clothing wage deal on the cards

27/08/2013 - 09:32
Johannesburg - A wage settlement for SA Clothing and Textile Workers' Union (Sactwu) members with clothing sector employers could be expected soon, the union has said. read more
Microsoft CEO set to retire

Microsoft CEO set to retire

27/08/2013 - 07:52
Microsoft (23 August 2013) announced that CEO Steve Ballmer has decided to retire within the next 12 months, upon the completion of a process to choose his successor. read more
Major revamp for Auas Valley Mall, Namibia

Major revamp for Auas Valley Mall, Namibia

26/08/2013 - 10:17
The Auas Valley Shopping Centre is a retail gem but it remains rather secluded and exclusive. Its owner, Agra Ltd, intends to change that image. Earlier this month Agra announced a significant upgrading and extension of Auas Valley at a groundbreaking ceremony marking the start of the project. read more
Zambia in 15,000 tonnes rice deficit

Zambia in 15,000 tonnes rice deficit

21/08/2013 - 10:04
Zambia will this year face a rice deficit of 15,000 tonnes against the national requirements of more than 62,000 tonnes due to poor yields, the Japanese International Cooperation Agency (JICA) report has revealed.  read more
Major Lusaka road project launched, Zambia

Major Lusaka road project launched, Zambia

21/08/2013 - 09:45
Transport, Works, Supply and Communication Minister Yamfwa Mukanga has launched the Lusaka 400 kilometers road project. read more
Furniture chains hit by credit tightening, job losses

Furniture chains hit by credit tightening, job losses

20/08/2013 - 09:47
The local furniture industry has been dealt a double blow as a slowdown in consumer spending and a tighter credit market have crippled sales growth, analysts say. read more
Trade conditions remain positive

Trade conditions remain positive

14/08/2013 - 07:36
Johannesburg - Trade conditions remained positive in July, despite volatility on a month-to-month basis, the SA Chamber of Commerce and Industry (Sacci) said on Tuesday.  read more
25 Chinese firms set up in Zambia's Chambishi MFEZ

25 Chinese firms set up in Zambia's Chambishi MFEZ

13/08/2013 - 09:27
A total of 25 Chinese enterprises worth US$1.2 million have been set up in the Chambishi Multi Facility Economic Zone (MFEZ) in the past year, the Zambia Development Agency (ZDA) has said.  read more
Where South Africa ranks for business funding

Where South Africa ranks for business funding

13/08/2013 - 08:22
A new index reveals that South Africa is ranked fourth when it comes to academics attracting money from businesses to carry out work in innovation and research. read more
Consumer crunch hits SA manufacturing

Consumer crunch hits SA manufacturing

12/08/2013 - 09:27
Cape Town - There are indications of a degree of consolitation in the South African manufacturing sector, according to Coenraad Bezuidenhout, executive director of the Manufacturing Circle. read more
Pick n Pay embarks on retrenchment drive

Pick n Pay embarks on retrenchment drive

08/08/2013 - 09:03
Cape Town - Pick n Pay hopes to trim jobs across the country as it implements a turnaround strategy, BDLive reported on Wednesday. read more
Emerging markets boost Nivea firm

Emerging markets boost Nivea firm

08/08/2013 - 09:01
Frankfurt - German cosmetics group Beiersdorf said on Wednesday that strong demand for its Nivea hand cream and Labello lip balm in emerging markets lifted its second quarter sales and profits.  read more
Farming provides 5% of South African jobs

Farming provides 5% of South African jobs

06/08/2013 - 07:59
Pretoria - Agriculture employs 5.2% of the workforce but only accounts for 2.5% of annual gross domestic product, statistician general Pali Lehohla said on Monday. read more
Sappi narrows losses sees more cuts

Sappi narrows losses sees more cuts

05/08/2013 - 09:14
Johannesburg - South African paper maker Sappi posted a narrower quarterly loss on Friday, hit again by weak demand in Europe, where it said it plans significant cost cuts over the next three years. read more
South African wine producers to feel the heat

South African wine producers to feel the heat

05/08/2013 - 08:53
Cape Town - The global wine industry is worth $230bn a year and the potential yields for the South African industry have never been as great, nor the pitfalls as plenty, according to Linda Buckley, director of executive education at UCT’s Graduate School of Business (GSB). read more
Green tea industry making comeback

Green tea industry making comeback

05/08/2013 - 08:42
Mbombela - An international company is all set to harvest green tea leaves in Barberton to extract powerful anti-oxidants that help treat diseases such as cancer, malaria and heart disease.  read more
New Samsung Store Opens In Rail Park Mall, Botswana

New Samsung Store Opens In Rail Park Mall, Botswana

02/08/2013 - 09:02
Samsung Botswana officially opened its third store in Gaborone at Rail park mall, bringing the total number of Samsung franchise stores in Botswana to five.  read more
Cache names new CFO

Cache names new CFO

02/08/2013 - 07:39
New York -- Cache Inc. announced that Anthony DiPippa (“Tony”) will join the company as executive VP, CFO, on Aug. 7.  read more
Uchumi Tanzania embarks on expansion drive

Uchumi Tanzania embarks on expansion drive

01/08/2013 - 12:21
Uchumi Group Chief Executive Officer, Jonathan Ciano, told the company’s business partners in Dar es Salaam over the weekend that the firm will soon open new shops in Dar es Salaam and upcountry regions. read more
SA middle class getting poorer

SA middle class getting poorer

31/07/2013 - 11:58
Despite an increase in the number of people in South Africa’s middle class, its share of the country’s income has declined, according to a new study. read more
Siemens boss set to fight for his job

Siemens boss set to fight for his job

30/07/2013 - 08:01
Frankfurt - Siemens chief executive Peter Loescher plans a probably doomed fight for his job at Wednesday's supervisory board meeting, a German newspaper said, after the German industrial group said at the weekend it would sack him. read more
Builders Warehouse opens second store in Botswana

Builders Warehouse opens second store in Botswana

29/07/2013 - 09:17
Massmart is pleased to announce the opening of its second Builders Warehouse store in Botswana. The store opened its doors on Thursday, 25 July 2013. Massbuild invested R20,5 million in the new 5 150 m2 Builders Warehouse, located in Somerset West, Francistown. The first Builders Warehouse store in Botswana opened in Gaborone, in September 2011.  read more
BlackBerry cuts 250 jobs

BlackBerry cuts 250 jobs

26/07/2013 - 12:15
Ottawa - Struggling smartphone maker BlackBerry has fired 250 employees in a new product testing division at its Canadian headquarters, a spokesperson said Thursday.  read more
How South Africa ranks for customer service

How South Africa ranks for customer service

25/07/2013 - 09:08
A new study conducted by financial services firm, KPMG ranks South Africa 22nd, out of 25 countries when it comes to retail customer experience in the mobile phone sector. read more
UK: Former M&S clothing boss quits ASOS

UK: Former M&S clothing boss quits ASOS

24/07/2013 - 12:07
London - Kate Bostock, one of the biggest names in Britain's retail industry, has quit ASOS after just seven months, deciding the fast-growing online fashion firm wasn't for her. read more
South Africa moves to bar dubious imports

South Africa moves to bar dubious imports

24/07/2013 - 09:16
Pretoria - Efforts are under way to stop the import of unsafe and unauthorised products into South Africa, the National Regulator for Compulsory Specifications (NRCS) said on Tuesday. read more
Nokia appoints new GM for South Africa

Nokia appoints new GM for South Africa

24/07/2013 - 08:29
Mobile handset maker Nokia has announced the appointment of Shaun Durandt as general manager for Nokia South Africa.  read more
NCCI confirms commitment to growth in Namibia

NCCI confirms commitment to growth in Namibia

23/07/2013 - 09:49
The Namibia Chamber of Commerce and Industry (NCCI) successfully held its annual business summit, annual general meeting and gala & business awards ceremony on June 28 and 29. The annual events have become an influential platform for business leaders, together with political leaders and government officials, to compare notes on issues of significant importance to the growth and competitiveness of the country's economy. read more
Hearings into SAB practices resume

Hearings into SAB practices resume

23/07/2013 - 09:20
The Competition Tribunal will resume a hearing into allegations of anti-competitive behaviour by South African Breweries (SAB), the local division of SABMiller.  read more
Tanzania moves to cushion coffee growers

Tanzania moves to cushion coffee growers

22/07/2013 - 10:07
The Minister for Agriculture, Food Security and Co-operatives, Eng Christopher Chiza, told ‘Daily News’ that the government would assist coffee farmers by providing them with coffee seedlings at subsidised prices. “In principle we have agreed that we should provide them with input subsidies.  read more