| ||05/12/2013 - 15:33|
DionWired has embraced the multichannel retail concept with the launch of its brand new website, which was developed to give consumers a highly positive, symmetrical shopping experience between the web and the brick-and-mortar stores. read more
| ||03/12/2013 - 08:00|
Johannesburg - A Chilean group's $1.2bn (R12.6bn) bid for drugmaker Adcock Ingram [JSE:AIP] was challenged on two fronts on Monday, as a group led by Bidvest [JSE:BVT] sought nearly a third of Adcock's shares and launched a court action against the bid. read more
| ||29/11/2013 - 10:27|
After an improved performance at the half year, Pick n Pay is demonstrating its commitment to pursuing positive growth through focused, streamlined operations and an expanding store footprint, with plans to open over 60 new stores in the six months to end February 2014. read more
| ||20/11/2013 - 10:50|
Agriculture and Livestock Minister Bob Sichinga has disclosed that Zambia was on a strong position in terms of food security in the African region. read more
| ||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
| ||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.
| ||05/11/2013 - 08:17|
London - Diageo, the world's biggest spirits group which has a presence in SA, should see sales growth in Africa accelerate as it expands into new markets like Ethiopia and Angola and as rising incomes enable traditional beer drinkers to try spirits, it has said read more
| ||05/11/2013 - 08:04|
Johannesburg - Corn futures in South Africa rose to the highest levels in more than four months by the midday close in Johannesburg.
| ||01/11/2013 - 08:29|
Ghana has been voted the Vice Chairman of the Union of African Shippers Council (UASC) for the first time in the history of the organisation. read more
| ||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
| ||03/10/2013 - 12:31|
Namibia Breweries Limited (NBL) said earlier in September that it expects basic earnings per share to be materially lower than the prior year by between 66% and 68% in the year ended 30 June. The company said in a trading statement published by the Namibia Stock Exchange that the decline is attributed to the impairment of a deferred tax asset related to DHN Drinks.
| ||30/09/2013 - 15:54|
Johannesburg - China's decision to place a 6% VAT charge on freight and related costs is going to have an impact on the importing price from China, warned Asgar Mahomed, managing director of ICT distributor, Esquire Technologies. read more
| ||16/09/2013 - 10:40|
Paris - European retailers have gone back to bricks and mortar in the hope of turning their online food businesses profitable - racing to build pick-up points to capitalise on shoppers' increasing demand for "click and collect" grocery options. read more
| ||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.
| ||06/09/2013 - 11:04|
Samsung Electronics, the world’s largest maker of televisions, expects a recovery in the TV market in the second half of this year, helped by an improving US economy and the launch of new high-end sets. read more
| ||03/09/2013 - 10:00|
Engen, the oil company of choice in sub-Saharan Africa and the Indian Ocean Islands, is driving a major change in the fuel market landscape by introducing cutting-edge convenience shopping in its fast-growing service station network in the region.
| ||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
| ||23/08/2013 - 07:47|
Johannesburg - A newly introduced digital customs management system at border posts would be positive for business and trade, Finance Minister Pravin Gordhan said on Thursday. read more
| ||21/08/2013 - 09:45|
Transport, Works, Supply and Communication Minister Yamfwa Mukanga has launched the Lusaka 400 kilometers road project. read more
| ||19/08/2013 - 08:44|
Shanghai -The maiden voyage to Europe by a Chinese merchant ship through the "Northeast Passage" will help the world's biggest exporter speed goods to market and is a symbol of Beijing's strategic ambitions in the Arctic. read more
| ||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.
| ||07/08/2013 - 09:45|
Hoffman Estates, Ill. -- Sears Holdings has selected HighJump Software, a global provider of supply chain management software, to help the company manage its distribution network. read more
| ||30/07/2013 - 07:28|
Brussels - China and the European Union have agreed there is a "window for discussions" to try to resolve accusations that Europe is dumping wine in China, the EU's trade chief said on Monday. read more
| ||29/07/2013 - 07:48|
The worldwide mobile phone market grew 6.0% year over year in the second quarter of 2013 (2Q13), while the shipment of smartphones grew 52.3% according to the International Data Corporation (IDC). read more
| ||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
| ||22/07/2013 - 09:44|
Ghana’s non-traditional exports earnings fell 2.43 per cent to $2.364 billion in 2012 compared with $2.423 billion in 2011. read more
| ||19/07/2013 - 09:29|
Kgalagadi Breweries Limited (KBL) managing director Johan De Kok says the amalgamation of KBL and the Botswana Breweries Limited (BBL) is expected to do away with unnecessary costs and deliver strategic opportunities arising from a leaner supply chain. read more
| ||18/07/2013 - 10:26|
Coca-Cola through Nairobi Bottlers has invested Sh1.2 billion in a new manufacturing plant that produces materials for production of plastic bottles. read more
| ||15/07/2013 - 10:03|
Johannesburg - Grindrod, Africa’s biggest shipping company, advanced to the highest in almost five years, as shipping costs rose and the rand weakened.
| ||15/07/2013 - 09:15|
Johannesburg - South African white corn futures rose the most in more than three weeks on speculation of tight local supplies. read more
| ||12/07/2013 - 10:08|
The injection of long-term capital into Victoria Foods and the debt restructuring initiative is projected to induce positive performance for diversified CFI Holdings Limited. read more
| ||12/07/2013 - 09:55|
OK Zimbabwe has signed an agreement with a South Africa-based company, Kawena, to enable Zimbabweans resident in South Africa to purchase goods for family and friends back home. read more
| ||12/07/2013 - 08:37|
Beijing - China's exports fell 3.1% year-on-year (y/y) in June with imports also declining, the government said on Wednesday, in the latest signs of slowing growth in the world's second-largest economy.
| ||05/07/2013 - 08:49|
Walvis Bay - Namibia should not allow itself to be held hostage by any single market, says the Minister of Trade and Industry Calle Schlettwein. read more
| ||28/06/2013 - 11:02|
Cape Town – Consumers can expect a petrol price hike of close to 90c per litre, according to a quick survey done by Fin24.
| ||25/06/2013 - 08:44|
The Zambia Revenue Authority (ZRA) at Katima Mulilo border has impounded two Zambeef trucks carrying meat products imported from Ireland.
| ||18/06/2013 - 08:30|
London - Iran has ramped up its campaign to import wheat, buying more than 800,000 tonnes in two weeks in what some traders said was a drive to ensure adequate supplies for a possibly tense period after Friday's election.
| ||14/06/2013 - 08:20|
Johannesburg - South African corn declined for a second day after a report from the US Department of Agriculture showed more production than anticipated.
| ||11/06/2013 - 08:29|Mr Delivery opts for three wheels, times 60
Mr Delivery has acquired 60 Mahindra three-wheeler vehicles, fitted with specially designed, lockable canopies, to service a new contract for the Pick n Pay Online Shopping delivery service, which operates from a number of hubs in the country.
| ||03/06/2013 - 09:29|
According to a new forecast from the International Data Corporation (IDC) Worldwide Quarterly Tablet Tracker, tablet shipments are expected to grow 58.7% year over year in 2013 reaching 229.3 million units, up from 144.5 million units last year. read more
| ||30/05/2013 - 10:47|
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
| ||27/05/2013 - 09:46|
A new property sector is opening up in African markets as retailers growing their presence there are now in need of or building their own distribution warehouses, according to Belinda Clur, managing director of Clur Research International. read more
| ||21/05/2013 - 08:56|
The South African supermarket chain, Shoprite, which invested its business in the country some years ago has dismissed recent speculations regarding the imminent closure of some of its stores and possible exit from Tanzania for good. read more
| ||14/05/2013 - 08:46|
Diversified company Lifestyle Holdings has introduced a TN Virtual Mart — where it will deliver groceries to its clientele’s doorstep, as competition in the country’s retail sector intensifies. read more
| ||13/05/2013 - 11:18|
A Namibia Trade Forum official has defended proposed government plans to grant interim protection to the local broiler industry against cheap imports.
| ||26/04/2013 - 10:06|
Beijing - Manufacturing activity slowed in China in April as exports were hit by sluggish overseas demand, HSBC said on Tuesday, fuelling concerns about the strength of the world's second-largest economy. read more
| ||23/04/2013 - 09:51|
Fabupharm Products, a wholly-owned Namibian pharmaceutical manufacturer, has doubled in size over the past year. Subsequent to upgrading its manufacturing facility to comply with international standards, Fabupharm announced recently it has received an Official Manufacturing GMP (Good Manufacturing Practice) License from the Namibian Medicines Regulatory Council (NMRC). This means that Fabupharm is now licensed to manufacture scheduled medicinal products. read more
| ||11/04/2013 - 10:18|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
| ||08/04/2013 - 10:07|
Local market analysts have lauded NSX listed Namibia Breweries Limited for posting solid interim results for the period ended 31 December 2012. read more
| ||08/04/2013 - 09:30|
According to the International Data Corporation (IDC) Smart Connected Device Tracker, worldwide shipments of smart connected devices grew 29.1% year over year in 2012, crossing 1 billion units shipped with a value of $576.9 billion.
| ||28/03/2013 - 10:34|
Johannesburg - South African corn futures fell the most in almost two weeks after the weather service forecast rains over the country’s main growing regions.
| ||26/03/2013 - 07:43|
Johannesburg - South African corn futures dropped most in more than a week as the rand appreciated against the dollar, lowering the cost of imported grains relative to local produce. read more
| ||25/03/2013 - 15:33|
Lonrho’s Oceanfresh Seafoods, local purveyor of fresh and frozen seafood, has recently been listed in Sam’s Club stores in the US. read more
| ||22/03/2013 - 08:26|
Dairy producer Clover is investigating the possibility of moving its cheese facility closer to milk sources at the coast. This would save on transport and distribution costs, the firm said this week. read more
| ||15/03/2013 - 10:36|
VENTURES AFRICA – Barloworld Logistics, a unit of the JSE-listed diversified industrials giant, Barloworld Goup, is expanding its specialised logistics solutions to the Arab states of the Gulf, it said on Monday. read more
| ||15/03/2013 - 08:35|
Johannesburg - The South African economy needs a larger manufacturing sector in order to improve employment, Economic Development Minister Ebrahim Patel said on Thursday.
| ||13/03/2013 - 07:54|
New York - Hostess is moving ahead with plans to sell its Twinkies and other snack cakes to two investment firms after no other competitive offers were made. read more
| ||12/03/2013 - 07:55|
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
| ||11/03/2013 - 08:19|
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
| ||07/03/2013 - 09:32|
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
| ||05/03/2013 - 07:32|
Harare - Zimbabwe is working on putting stringent measures on meat imports from South Africa amid concerns of contaminated meat products from the country.
| ||04/03/2013 - 07:58|
A wine company bearing the name of the former president Nelson Mandela has been established in the United States, the Sunday Sun reported. read more
| ||04/03/2013 - 07:47|
Johannesburg - Clover Industries [JSE:CLR] and Nestlé SA on Friday announced the formation of the new entity‚ called Clover Waters.
| ||28/02/2013 - 09:50|
Johannesburg - Shares of Grindrod [JSE:GND] rose more than 2% after the shipping firm posted a 22% rise in full-year earnings, beating market expectations. read more
| ||06/02/2013 - 08:18|
Lusaka - Zambia will be careful not to fall back into unsustainable levels of debt as state-owned firms look to borrow from international markets to invest in infrastructure projects, Deputy Finance Minister Miles Sampa said on Tuesday. read more
| ||05/02/2013 - 08:15|
Johannesburg - South African corn futures fell to the lowest in more than eight months as the rand gained against the dollar on February 1, reducing the cost of imports. read more
| ||01/02/2013 - 08:58|
The Abraaj Group, one of the world’s leading private equity investors in global growth markets has announced an investment in Vine Pharmaceuticals, the largest pharmacy retail chain in Uganda.
| ||29/01/2013 - 11:15|
The UK remains Australia’s biggest wine export market, increasing by three per cent in 2012 according to a report released by Wine Australia. read more
| ||29/01/2013 - 07:50|
Geneva - The World Trade Organization on Monday established a dispute resolution panel to probe allegations of unfair trade practices lodged against Argentina by the United States, the EU and Japan. read more
| ||28/01/2013 - 08:28|
Cape Town – Brandhouse, one of South Africa’s leading alcoholic beverage companies, wants National Treasury and Minister of Finance Pravin Gordhan to refrain from using the words sin tax when referring to excise duties on alcoholic products.
| ||14/01/2013 - 01:44|
The year 2012 started off on a negative note with exports in January and February declining by 4 and 9 per cent respectively, compared to the corresponding months in 2011. However, exports have since picked up and as at November 2012, exports of Export Oriented Enterprises (EOEs) recorded a growth compared to January to November 2011. read more
| ||10/01/2013 - 09:46|
Zambia will record an economic growth rate of 7.3 per cent this year, slightly higher than the 2011 growth rate of 6.8 per cent, the World Bank has projected.
| ||09/01/2013 - 08:42|
Berlin - More evidence of sliding German exports and industry orders on Tuesday compounded concerns that the eurozone crisis may have battered the region's largest economy into contraction at the end of last year. read more
| ||19/12/2012 - 09:03|
East African Breweries Limited (EABL) will invest Sh4.3 billion in expanding capacity at its Ruaraka-based plant as it seeks to increase efficiency.
| ||18/12/2012 - 09:09|
South Africa’s Woolworths will hold a 51 per cent stake in a joint venture it has formed with Kenya’s Deacons, giving it control in the operations of the new company. read more
| ||18/12/2012 - 08:22|
The worldwide smart connected device market – a collective view of PCs, tablets, and smartphones – grew 27.1% year-over-year in the third quarter of 2012 (3Q12) reaching a record 303.6 million shipments valued at $140.4 billion. read more
| ||18/12/2012 - 07:35|
Abuja - Nigeria's consumer inflation rose to its highest in four months in November as the impact of the country's worst flooding in 50 years pushed up the cost of food, data showed on Monday. read more
| ||14/12/2012 - 08:19|
E-tolling of Gauteng freeways got the legal nod on Thursday when the High Court in Pretoria dismissed an application to have the project scrapped. read more
| ||11/12/2012 - 09:47|
Zimbabwe Stock Exchange-listed diversified entity Meikles Limited is this week set to unveil is its second state-of-the-art Pick ’n’ Pay supermarket bringing to two such branches in the country. read more
| ||11/12/2012 - 09:16|
Japan - on Monday confirmed that the world's third-largest economy shrank in the three months to September, stoking fears the country is slipping into a recession. read more
| ||10/12/2012 - 11:05|
Mumias Sugar has warned consumers of a looming sugar shortage that could push the retail prices up.
| ||30/11/2012 - 09:11|
SABMiller Plc (SAB) raised 1 billion euros ($1.3 billion) from its first sale of bonds in the currency in three years as companies from G4S Plc (GFS) to TeliaSonera (TLSN) AB tapped into Europe’s credit-market rally. read more
| ||20/11/2012 - 08:19|
Hot on the heels of a sturdy operating profit announcement earlier this month, the Oceana Group, the biggest seller of canned fish in South Africa, reported that it had “zero” strikes in the past year, which was testimony to its good industrial relations. read more
| ||15/11/2012 - 10:42|
Windhoek – American-based Walmart has dispatched a team from its British subsidiary, ASDA Walmart, to look at the quality of Namibia’s agricultural products. read more
| ||09/11/2012 - 08:15|
The e-tag system will be rolled out at toll plazas in provinces other than Gauteng, Sanral said on Wednesday. read more
| ||07/11/2012 - 08:38|
TORONTO — Walmart Canada revealed its newest addition to its freight division, a “supercube” tractor-trailer that will carry 40 percent more cargo. read more
| ||05/11/2012 - 08:05|
Copenhagen - Danish toy company Lego is likely to disappoint some of its young fans as it is struggling to meet strong demand ahead of the upcoming Christmas sales season, a report said on Friday. read more
| ||01/11/2012 - 08:51|
Deerfield, Ill. -- Walgreens said Tuesday that it is beginning its recovery efforts in the wake of Hurricane Sandy. The retailer said that it is working to provide its stores with what they need to again serve customers in areas impacted by the storm. read more
| ||31/10/2012 - 09:15|
HiFi Corp, a provider of electronic, audio and visual products, has launched its new e-commerce store, taking its range of services online. read more
| ||24/10/2012 - 09:26|
By sourcing raw materials directly from farmers in Africa, beer producer SABMiller is cutting costs while also winning the support of local communities. read more
| ||19/10/2012 - 08:00|
Johannesburg - Shares of luxury goods retailer Richemont [JSE:CFR] fell as data showed Swiss watch exports dropped for the first time in two-and-a-half years in September, hit by slowing Chinese demand. read more
| ||15/10/2012 - 08:16|
Global PC shipments totalled 87.5 million units in the third quarter of 2012, a decline of 8.3% compared with the third quarter of 2011, according to preliminary data compiled by IT research and advisory company, Gartner. read more
| ||12/10/2012 - 08:58|
Cape Town - South Africa on Thursday said it wants to avoid a tit-for-tat alcohol import war with Britain over increased bulk wine sales that have cost jobs in the local bottling industry. read more
| ||12/10/2012 - 08:53|
Johannesburg - A three-year wage deal was set to be signed on Friday morning to end the countrywide truck driver strike, the Road Freight Employers Association said. read more
| ||11/10/2012 - 08:15|
Johannesburg - The South African fruit industry appealed to the SA Transport and Allied Workers' Union (Satawu) on Wednesday not to involve railway and port workers in the on-going freight industry strike.
| ||10/10/2012 - 10:34|
The Eastern Cape roads and public works department spent more than R1 billion repairing roads damaged by floods, according to a report. read more
| ||10/10/2012 - 09:24|
Johannesburg - Negotiations to end a two-week labour dispute between most truckers and employers ended without an agreement on Tuesday.
| ||18/09/2012 - 13:32|
The Indian government’s decision Friday to let big department stores like Wal-Mart Stores into the country could dramatically impact everything from the country’s food chain to its roads.
| ||18/09/2012 - 08:13|
Cape Town - According to the latest statistics from the Central Energy Fund, consumers could be in for another shock with the petrol price rising again by 37 cents a litre, bringing it to just over R12/litre, TimesLive reported on Monday. read more
| ||13/09/2012 - 07:45|
Johannesburg - Drugs maker Aspen Pharmacare [JSE:APN] booked a 22% rise in full-year profit, helped by a robust showing in its Asia-Pacific unit.