JOBS NEWS

Pharmaceutical firm Adcock Ingram has appointed Werner van Rensburg as its chief operations officer, and Doreen Kosi has been confirmed as the government relations executive. read more

Johannesburg - A ban on alcohol advertising will result in a loss of 12 000 jobs, The Times newspaper reported on Wednesday. read more

FMCG major Procter & Gamble (P&G) India is enhancing its manufacturing capabilities and expanding its footprint by setting up its largest plant at Kothur Mandal in Mahaboobnagar district of Andhra Pradesh. The company will be investing R370 crore in the plant through Procter & Gamble Home Products.  read more

Carl Icahn and Southeastern Asset Management Inc are short-listing potential candidates to become the next Dell Inc chief executive should they succeed in a proxy battle against Michael Dell and Silver Lake Partners, two sources close to the matter told Reuters. read more

Eenhana sees rapid development EENHANA – The recent opening of the Woermann Brock and Shoprite supermarkets in Eenhana has created new employment opportunities for more than 76 youngsters. read more

Bentonville, Ark. – Wal-Mart is launching an initiative to increase the amount of fresh produce on its shelves. The effort includes buying produce directly from growers for immediate shipment to stores, performing independent weekly fresh produce checks at stores and providing fresh produce training for associates.  read more

New York - The board at Dell said that a takeover bid led by the company's founder and CEO is in the best interest of the slumping PC maker's shareholders and asked them to approve the deal when it's put to a vote in July. read more

Johannesburg - Jeff Wright has resigned as Country Bird Holdings [JSE:CBH] after five years at the helm‚ the poultry producer said on Friday. read more

London - British consumer sentiment hit a six-month high in May, and a leading business association revised up its growth forecasts for the first time since the financial crisis, adding to hopes that a tentative recovery is under way. read more

Speaking at the Buy Zimbabwe procurement conference in Harare yesterday, Kasukuwere said companies should comply with the stipulated procurement regulations, in which local firms should be granted at least 50% contracts on procurement deals. read more

Cape Town - A total of 54 000 new jobs were created in the agriculture sector in the first three months of the year, Agriculture Minister Tina Joemat-Pettersson said on Wednesday. read more

VENTURES AFRICA – A new $93million first class shopping mall- The West Hills Mall- under construction in west Accra is expected to be ready by October 2014.  read more

Johannesburg - Unemployment in Gauteng decreased by nearly 5% between 2011 and 2012, Premier Nomvula Mokonyane said on Monday. read more

Johannesburg - The battle around raising tariffs on imported chicken has descended into a smear campaign, with opposing lobbies calling each other liars and producing completely contradictory facts to support their positions. read more

Shoprite brings 150 jobs NHLANGANO – Shoprite Checkers has added a stimulating effect to the economy of the small town of Nhlangano by availing about 150 jobs to locals.  read more

Rosss Breeders Africa plans to invest US$17 million this year to expand its operations in Zambia, the company stated yesterday. read more

Indian to head world’s top liquor company Mumbai: India-born Ivan Menezes is the new CEO of Diageo, the world's largest drinks company-a development that reinforces the growing trend of Indians heading high-profile global corporate giants.  read more

The rand weakened as foreigners sold off R400 million in equities and R799m in bonds last week, driving the rand from R9.15 to the dollar at the start of the week to almost R9.40 on Friday. International markets are very sensitive to any labour disruptions in the mining industry given the tragedy at Marikana last year. read more

Madrid - At least 24 retail companies, including Hennes & Mauritz and Inditex, have agreed to improve safety at Bangladeshi textile factories by contributing up to 2.5 million dollars each towards that goal.  read more

A new report shows consumers are taking charge of Africa’s economic growth, with an increasing number of urban Africans spending a large share of their disposable income on groceries and clothing.  read more

The Rockefeller Foundation will pledge close to US$100 million (R900m) to create digital field jobs in Africa, it was announced at the World Economic Forum on Africa on Thursday (9 April).  read more

Microsoft Corp on Wednesday named Amy Hood, head of finance of its Office division, as its new chief financial officer.  read more

Arandis – Dantago Clothing, which manufactures children’s clothing for Woolworths South Africa, will be expanding its services to stores in Botswana and Lesotho this year. read more

Cape Town - Mauritius has long been a popular tourist destination among South Africans. But now many hard-nosed investors wanting to mix solid returns with a luxury lifestyle are also heading for the tropical paradise.  read more

Johannesburg - Credit information services company Experian SA found that more than 2 million South Africans could be affected by a proposed credit information amnesty that seeks to provide relief to indebted consumers and improve their access to credit.  read more

Experts contend that the introduction of the multiple-currency system in 2009 has seen low income retail shops which thrived during the years of economic meltdown scale down their operations due to heightened competition. read more

The future of about 4,000 workers in the country's textile sector is uncertain as firms report that local and export orders for June and beyond have dried up.  read more

The informal economy is the major contributor to a number of emerging economies globally. In sub-Saharan Africa, the sector constitutes 70 percent of the workforce while in other countries such as Ghana, the informal economy employs 85 percent of the workforce. In India 400 million people work in this sector. read more

Johannesburg - Nigerian President Goodluck Jonathan and his South African counterpart Jacob Zuma will discuss ways to boost trade between Africa's two biggest economies during talks in Cape Town next week. read more

Local Botswana retail chain, Choppies, has moved to wholly acquire one of its competitors, SupaSave, the Competition Authority (CA) revealed on Wednesday. read more

San Francisco/New York - Intel chose veteran insider Brian Krzanich as chief executive, disappointing some investors who hoped an outsider would push for aggressive changes to help the world's largest chipmaker catch up in the mobile revolution. read more

JSE-LISTED sugar giant Tongaat Hulett has signed a landmark agreement with the Ingonyama Trust Board (ITB) to develop the sugar sector on tribal land in KwaZulu-Natal. read more

South Africa’s black middle class has more than doubled in the last eight years, growing from 1.7-million South Africans in 2004 to an estimated 4.2-million in 2012, according to research by the UCT Unilever Insitute of Strategic Marketing. read more

JSE-listed SABMiller announced last week that it had fast-tracked the planned promotion of COO Alan Clark to CEO with immediate effect, after current CEO and executive chairperson Graham Mackay stepped down earlier than anticipated owing to an illness.  read more

Port Louis - Mauritius' economy will expand by 3.7 percent this year, slightly below potential due to subdued demand from its main markets and modest private investment, and will accelerate to 4.4 percent in 2014, the International Monetary Fund said.  read more

Samsung has opened a Smart Care Centre in Johannesburg, offering consumers a same-day walk-in carry-in service across a wide of range products. read more

Clicks Group says that its music and entertainment retailer, Musica, performed well in results for the six months ended February 2013, and this despite the net closure of eight stores. read more

London - Asda, Britain's second-biggest grocer, said on Tuesday it would invest over £700m ($1bn) this year in its online operations, new and existing stores and its supply chain, helping to create 2 500 new jobs. read more

Johannesburg - An incentive to encourage businesses to employ young South Africans and reduce youth unemployment was announced in Johannesburg on Tuesday. read more

The construction of the US$200 million shopping mall in Kitwe which is expected to be the largest in Zambia will finally take off in the next two months. read more

While not coming anywhere near global giants such as the Industrial and Commercial Bank of China, JP Morgan Chase and General Electric, 20 prominent South African companies have made Forbes’ list of 2000 biggest companies in the world. read more

Technology company IBM is mulling up to 1,400 job cuts in France over the next two years, three trade-union representatives told Reuters on Thursday. read more

Johannesburg – The Momentum/Unisa Household Wealth Index on Friday revealed a second consecutive (quarterly) strong increase in the value of nominal wealth during the fourth quarter of 2012 so that it surpassed R6 trillion for the first time. read more

Washington - Africa, with its improved economies, can contribute to global growth for the first time in history, African finance ministers said on Saturday in Washington. read more

Masscash, a division of Massmart, has expanded its presence in Mozambique with the opening of a newly built Saverite store in the district of Xai Xai, 200km away from Maputo. read more

Rebosis, the listed black-managed and substantially black-held property fund, increased turnover from its retail portfolio by 10 percent in the six months to February despite the increasing pressure on consumer expenditure. read more

Johannesburg - Sub-Saharan Africa's economic growth should accelerate to more than 5% over the next three years, far outpacing the global average, but the region must do more to convert this into reducing poverty, the World Bank said on Monday. read more

Rochester - Kodak says it has agreed to sell some of its document imaging assets to Brother Industries Ltd. for about $210 million. read more

Recognising the strong buying power of emerging markets in Durban’s outer lying suburbs, Pick n Pay has acquired a property in Chatsworth which will see it go head-to-head with competitor Shoprite’s store on the opposite side of the road.  read more

Johannesburg - A controversial bargaining council wage agreement in the clothing industry has been extended, the clothing trade union Sactwu said on Sunday. read more

Johannesburg - South Africa's manufacturing output fell 2.9% year-on-year in volume terms in February, the first contraction in five months, compared with revised 3.7% growth in January, Statistics South Africa said on Thursday.  read more

SABMiller planned to boost beer volume sales in Africa by between 7 percent and 9 percent a year by slashing prices, using more local grains and cheaper packaging, and negotiating better tax terms with governments, the company said yesterday. read more

Nsoko Msele sugar mill project to rejuvenate Swaziland’s vital export crop A fourth sugar mill announced for Swaziland, the Nsoko Msele integrated sugar milling project, would significantly increase production of refined sugar, the country’s main source of export revenue, the project’s shareholders said this week. read more

Johannesburg - The SA consumer could switch some of their expenditure from consumption to home buying‚ FNB household and consumer sector strategist John Loos said on Wednesday read more

Johannesburg - Consumer confidence plunged to a nine-year low during the first quarter of this year‚ signalling that household spending‚ the economy's main engine‚ would be subdued this year‚ according to a survey released on Tuesday. read more

New York -- Ron Johnson is out as CEO of J.C. Penney. In making the announcement, the company also said that that Myron E. (Mike) Ullman has rejoined Penney as CEO, effective immediately. Ullman, who served as CEO of Penney until late 2011, has also been elected to the board of directors. read more

Dube TradePort is set to be the main KwaZulu-Natal beneficiary of new multibillion-rand Chinese and Indian deals to come out of the Brics summit hosted in Durban last week.  read more

Johannesburg - The Industrial Policy Action Plan (IPAP) 2013/2014, aimed at creating economic growth, was unveiled in Pretoria on Thursday. read more

The Managing Director of Unilever Ghana Limited, David Mureithi has resigned. read more

Community Technology Development Trust (CTDT), a local civil society organisation says domestication of the draft COMESA Seed Trade Harmonisation regulations will hinder small-scale farmers from participating in the seed business. read more

Windhoek - Kuiseb Traders have shown that they mean business when they recently launched a fully Namibian brand of processed and packaged fish products for the local market. read more

Windhoek - The developers of the massive N$920 million Grove Mall project in Windhoek’s Kleine Kuppe might have to consider expanding the development due to a mushrooming of interest from local and international retailers.  read more

New York -- Cache announced that Daphne Pappas has joined the company as EVP, chief merchandise officer. For the past 10 years, she served as VP general merchandising manager for Burberry America’s where she led the company’s women’s business.  read more

Washington - Personal computer industry pioneer Michael Dell would “invest for growth” and compete aggressively in new markets if his plan to take the company he founded private succeeds, according to a new memo. read more

Sunward Park shopping centre, an upcoming retail centre in Boksburg, today announced that it will open its door in September 2013, and offer Shoppers with festival of fine food and entertainment. read more

Johannesburg - Growth in the manufacturing base will enable the Brics countries to achieve their desired economic growth and job creation, Indian Minister of Commerce Anand Sharma said on Wednesday.  read more

South African property investment and development company Atterbury, Demashuwa Properties and Namibia-based Safland Property Group are moving ahead with what they believe will be Namibia’s largest commercial property development – the 54 000 m2 Mall of Namibia – The Grove, in Windhoek. read more

Johannesburg - South African employment agency Adcorp Holdings said on Monday it would introduce a new, 10-year black-empowerment deal worth 521 million rand ($55.91 million) after its previous one failed to produce value.  read more

Michael Dell is about to find out if other bidders think his company is worth more than he does.  read more

Cape Town - Major fishing company bosses on Wednesday described a meeting with Fisheries Minister Tina Joemat-Pettersson as a watershed moment.  read more

London - The eurozone's economic downturn deepened this month, even before Cyprus' bailout troubles, but China's factories took a completely different path and moved up a gear, business surveys showed on Thursday. read more

Intel Corp’s media group has been on a hiring spree as it prepares to launch an Internet television service later this year, underscoring the chip maker’s seriousness about the new business. read more

Sydney - The head of Blackberry has taken a swipe at Apple, saying in an interview the iPhone's operating system was outdated, while promising thousands of new apps as it prepares to launch its new Z10 handset. read more

International consumer goods manufacturer Procter & Gamble (P&G), which plans to build a state-of-the-art R1.6 billion manufacturing plant in Gauteng, is positioning itself to capture growth in Africa as the slowdown in developed markets continues. read more

Johannesburg - Furniture manufacturer and retailer Steinhoff International Holdings [JSE:SHF] is unlikely to expand in South America for at least another year and will instead focus on expanding its operations in Europe, according to CEO Markus Jooste.  read more

Johannesburg - The South African economy needs a larger manufacturing sector in order to improve employment, Economic Development Minister Ebrahim Patel said on Thursday.  read more

Durban - Newcastle Chinese and Taiwanese clothing factories have won a high court application for exemption from a bargaining council wages agreement, it was reported on Thursday. read more

Heineken, the world's biggest brewer, more than doubled chief executive Jean-Francois Van Boxmeer's pay in 2012 as it awarded him one-time share bonuses worth €4m. read more

Cape Town - The opening of a factory manufacturing high-tech gadgets could boost employment not only in the Western Cape but South Africa as a whole, Cape Town premier Helen Zille said on Tuesday. read more

Johannesburg - Clicks climbed the most in almost seven months as food and drug retailers continued to recover from an early-year slump driven by slower consumer spending. read more

Johannesburg - Transnet might have to cut its planned R300bn capital expenditure programme by R50bn if economic growth proved disappointing or strikes affected the sector‚ CEO Brian Molefe said on Monday. read more

South African grocery retail giant, Pick n Pay, has completed the takeover of OK Grocer at Keetmanshoop.  read more

Sony Corp’s board chairman, Howard Stringer, who headed the company as chief executive for six years until last April, will retire from Japan’s struggling consumer electronics giant in June, the Financial Times reported. read more

Apple Inc CEO Tim Cook could be deposed in the government’s lawsuit against the company over alleged price-setting in the e-book market. read more

Grindrod shares rose to their highest level in more than four years yesterday as investors bet on earnings growth driven by diversification into ports and terminals. read more

Bogota - Striking Colombian coffee growers who have blocked roads for 11 days ended their protest Friday after winning a government subsidy to offset lower prices for their product on international markets. read more

Johannesburg - The biggest decrease in the rate of unemployment in South Africa last year was recorded in Gauteng, economic development MEC Nkosiphendule Kolisile said on Sunday.  read more

Johannesburg – International brewing giant SABMiller [JSE:SAB] is planning to break ground in April this year with the construction of its planned 260 000 hectolitre brewery in Namibia. read more

Brussels - Even with unemployment at record highs, there are hundreds of thousands of jobs available in information technology that governments and companies must work together to fill, the European Commission said Monday. read more

Johannesburg - Unemployment and inequality are the biggest problems facing the South African economy, the Organisation for Economic Co-operation and Development (OECD) said on Monday.  read more

Johannesburg - The 81c/litre petrol price hike, announced by the energy department on Friday, is bad news for the agriculture sector and could affect food security in the country, the Transvaal Agricultural Union (TAU SA) said. read more

Pretoria - South Africa's economic growth quickened to 2.1% quarter-on-quarter in the fourth quarter of 2012 on a seasonally adjusted and annualised basis from 1.2% in Q3, Statistics South Africa said on Tuesday.  read more

Johannesburg - The new minimum wage for farmworkers has to be implemented from Friday, the labour department said. read more

Johannesburg - Gauteng’s proposed total ban on the sale of alcohol on Sundays has been met with outrage from consumers and traders alike. read more

Johannesburg – The South African Breweries (SAB) has announced a R700m investment in a state-of-the-art new maltings plant in Alrode‚ Gauteng‚ as part of its continued efforts to support the local economy and drive job creation. read more

The contribution of South Africa’s manufacturing sector to gross domestic product is now only second biggest and is expected to slide from a historical high of 22 percent to below 12 percent in the future, with negative implications for employment, according to professional services firm Deloitte. read more

Johannesburg - A total of 1 502 jobs have been created in the North West agricultural sector, the provincial government said on Monday. read more

Dutch brewer Heineken has appointed David Forde as the new head of its UK business – a week after managing director Stefan Orlowski announced he would leave to head its Americas division. read more

Johannesburg - South Africa's Pioneer Foods on Friday named a veteran executive from its main rival as its next chief executive, sending shares of the bread and cereal maker higher.  read more

Johannesburg - JD Group, a South African furniture retailer and financial services provider, said high unemployment and an oversupply of unsecured lending is causing consumers to spend less on durable goods. read more