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Food firms face fixing blow
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The country's big four consumer food groups - Tiger Brands, Pioneer Foods, Foodcorp and Premier Foods - will come before the Competition Tribunal again for a ruling on alleged price-fixing in their milling divisions since 2006.
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Pick n Pay leaders win global social responsibility award
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Pick n Pay’s new chairman, Gareth Ackerman, and head of transformation, Suzanne Ackerman, have been recognized by the global organization Young Presidents Association as one of the winners of the 2010 Corporate Social Responsibility Award.
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BCI rises for second quarter in a row – RMB
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After rising by 5 points to 28 during the fourth quarter of 2009, the RMB/BER Business Confidence Index (BCI) jumped by a further 15 points to a level of 43 during the first quarter of 2010, data from RMB showed today.
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Woolworths supports SA National Water Week: 15 – 19 March 2010
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At least 60% of our country’s water is used in farming irrigation, and Woolworths, as a major supplier of fresh produce, has to play a role in water conservation. We are deeply committed to being part of the solution and have a long history of working with our suppliers to influence change.
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Douglas Green targets women
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Realising that most of the wine sold in South Africa is bought in supermarkets by women, Pieter Terblanche, the brand manager for Douglas Green wines, believes a 20 percent rise in sales last year is due to aiming its advertising at "the sassy independent woman".
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AVI units deliver a mixed bag of results
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Consumer goods group AVI experienced a mixed portfolio performance in the six months to December, with strong trading in its fashion and beverages divisions offsetting a tough environment for its fishing and snacks businesses.
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SA consumers will maintain spending levels this year
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About 44 percent of South African consumers expect to maintain their spending on discretionary items over the coming six months, seven percentage points higher than the last survey conducted six months ago, the latest MasterCard Worldwide Survey of Consumer Purchasing Priorities revealed on Monday.
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UK retailers ‘lead the way’ on food labelling
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Reacting to the Food Standards Agency (FSA's) Front-of-Pack Nutrition Labelling briefing paper, the British Retail Consortium (BRC) said retailers in the UK were the first to adopt easy-to-understand front-of-pack nutritional labelling to help customers make more informed choices.
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PSG chief asks Pioneer Foods board to resign
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The entire 14-member board of Pioneer Foods had been asked to resign by shareholder PSG Group after the food processor was fined R195 million in the bread price-fixing scandal, it emerged yesterday.
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Cadbury SA workers to strike
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Johannesburg - A thousand protesters were expected to march at Cadbury's factory in Port Elisabeth on Thursday, the Food and Allied Workers' Union (Fawu) said.
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Business confidence on the up
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Johannesburg - Business confidence improved in February, according to the Business Confidence Index (BCI) released by the SA Chamber of Commerce and Industry (Sacci) on Wednesday.
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It'll be no small beer, says SAB
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South African Breweries will produce about 30 million more beers for the five-week World Cup. With an estimated 450,000 visitors expected during this period, and an anticipated 4% to 6% increase in demand for beer, the brewer is finalising plans to ensure sufficient supply.
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PMI's 3-year high shows recovery gaining traction
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The rise in the purchasing managers' index (PMI) to its highest level in three years was yesterday welcomed by economists, who said that it was a sign that the economic recovery was gaining traction and inventories were being replenished in anticipation of meeting growing consumer demand.
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New stores help retailers weather recession
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Retailers have emerged relatively unscathed from the recession that seems to be leaving SA behind. The results SA’s shopkeepers-in-chief have announced in recent weeks have given comfort.
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