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Namibian canned fish brand to fully penetrate market

Namibian canned fish brand to fully penetrate market

16/04/2014 - 11:12
Efuta has made significant strides, notching 36 months of shelf life, a first for a truly Namibian horse mackerel canned product. Efuta was presented to members of parliament ahead of the Ministry of Fisheries and Marine Resources budget submission at the Parliament Gardens earlier this month. read more
Pharmacy board to bolster drug crime, Kenya

Pharmacy board to bolster drug crime, Kenya

15/04/2014 - 07:46
The Pharmacy and Poisons Board will step up drug enforcement to improve safety standards. Nyanza regional head of inspectorate Beatrice Obinge said PPB will partner with the Kenya Pharmaceuticals Association in the effort. She was speaking at Great Lakes Hotel in Kisumu during a stakeholders meeting yesterday. read more
Meatco revises its strategy: unexpected increase in cattle numbers

Meatco revises its strategy: unexpected increase in cattle numbers

07/04/2014 - 09:07
Following a decision to lay off seasonal workers in July 2013 because of a decline in cattle numbers marketed, Meatco has opted to revise the decision following an uptake in the number of cattle marketed.  read more
Botswana slips in trade logistics’ rankings

Botswana slips in trade logistics’ rankings

01/04/2014 - 09:15
The only sector that Botswana scored below hundred is in the logistics quality and competence in which it is ranked 99 out of 160 countries. In customs Botswana is ranked 112, infrastructure 125, internal shipment 129, tracking and tracing 127 and timeliness 103.  read more
More petrol pain for consumers

More petrol pain for consumers

01/04/2014 - 08:59
The price of 95 Octane petrol is set to rise by seven cents per litre, while 93 Octanes will go up five cents a litre from next Wednesday, the energy department has said. read more
Namibia third on retail market index

Namibia third on retail market index

26/03/2014 - 11:58
Namibia was ranked third among 10 countries in a new study designed to help large, organised retailers determine where and how to best enter sub-Saharan Africa’s rapidly growing retail market. read more
SA maize crop could increase due to rain

SA maize crop could increase due to rain

26/03/2014 - 11:08
Johannesburg - South Africa is likely to raise its maize output estimates for 2014 after late summer rains earlier in March brought relief to drought-hit parts of the country, a Reuters survey has showed read more
Food Reserve Agency offloads 200,000 tonnes of maize, Zambia

Food Reserve Agency offloads 200,000 tonnes of maize, Zambia

19/03/2014 - 11:50
The Food Reserve Agency (FRA) has so far offloaded over 200,000 tonnes of maize for sale to millers and selected communities, to stabilise the prices of mealie-meal in the country. read more
White maize falls to 13-month low

White maize falls to 13-month low

18/03/2014 - 10:23
Johannesburg - White corn futures in South Africa declined to a 13-month low on plentiful supplies.  read more
Tablet market continues surge in SA

Tablet market continues surge in SA

17/03/2014 - 08:01
Shipments of PC tablets into the Middle East and Africa (MEA) expanded 111% year on year in the final quarter of 2013, according to the latest results released by International Data Corporation (IDC).  read more
Brewery goes big on solar, Namibia

Brewery goes big on solar, Namibia

10/03/2014 - 10:54
“What better way to do this than to start harnessing free energy? We are a country in which the sun shines an average of 300 days per year and even on rainy days we usually have sun in the morning this energy is not only for free but also environmentally friendly and it is time to start using it on a big scale,” said the Deputy Director of Renewable Energy in the Ministry of Mines and Energy, Noddy Hipangelwa, when he officially inaugurates the largest rooftop solar installation in Africa. read more
Maize falls on rainfall forecast

Maize falls on rainfall forecast

20/02/2014 - 08:34
Johannesburg - Corn in South Africa, the continent’s largest producer of the grain, fell as a forecast for rain in one of the country’s main growing regions is expected to be good for crops.  read more
World Bank says fish offers future food security

World Bank says fish offers future food security

11/02/2014 - 07:56
Aquaculture and fisheries will provide future food security which will be critical in feeding the growing population beyond 2030, a World Bank study shows. read more
Meatco expands micro-feedlot procurement strategy, Namibia

Meatco expands micro-feedlot procurement strategy, Namibia

11/02/2014 - 07:30
Meatco announced that it has implemented a dynamic new Livestock Procurement approach that will include adopting a stronger policy of backwards integration and taking a more aggressive role in the different ways the corporation buys cattle. The meat producer said it will shift value adding further to the start of the cattle production chain and will be to the benefit of producers.  read more
Tanker Owners express concern over cedi's free fall, Ghana

Tanker Owners express concern over cedi's free fall, Ghana

06/02/2014 - 11:57
The Tanker Owners Association has expressed concern over the free fall of the local currency, the Cedi, a situation the association says is seriously affecting the operations of its members. read more
SA business confidence sinks

SA business confidence sinks

05/02/2014 - 07:46
The SA Chamber of Commerce and Industry’s business confidence index (BCI) dropped to its lowest level in five months in January. read more
Red line still haunts the Namibia meat market

Red line still haunts the Namibia meat market

03/02/2014 - 08:46
The Permanent Secretary of Agriculture Joseph Iita identified the Veterinary Cordon Fence as one of the major challenges which need to be addressed in 2014, during the Ministry of Agriculture, Water and Forestry (MAWF) annual ministerial policy statement last month.  read more
International footware franchise, Bata, opens in Namibia

International footware franchise, Bata, opens in Namibia

31/01/2014 - 10:15
A world renowned brand with footwear as its core business has made its way into the Namibian market after a successful partnership between Namibian and Zimbabwean business figures who acquired the franchise rights and managed to open BATA Namibia on 2 December last year. read more
Botash partners Canadian firm in potash project

Botash partners Canadian firm in potash project

13/01/2014 - 09:40
A Toronto Stock Exchange-listed company, Great Quest Metals, says it has entered into an exclusive arrangement with Botswana Ash (Botash) to develop the potash brine potential of the Sua saltpans in the northeastern district.  read more
Drop in currency spurs cocoa smuggling

Drop in currency spurs cocoa smuggling

13/01/2014 - 08:04
Abidjan - Smugglers have trafficked around 40 000 tons of Ghanaian cocoa beans into top grower Ivory Coast since November to take advantage of a drop in Ghana's cedi currency, exporters and merchants say. read more
Leading Botswana retail group goes to Namibia

Leading Botswana retail group goes to Namibia

08/01/2014 - 10:05
Fast moving consumer goods giants, Sefalana Holdings, will this year expand into the Namibian market with the acquisition of 12 stores as the BSE-listed group implements its regionally focused growth strategy. - See more at: http://www.mmegi.bw/index.php?aid=5956#sthash.7RdpqTtj.dpuf read more
Nigerian perishable cargo revenue to surpass oil revenue in 10 years

Nigerian perishable cargo revenue to surpass oil revenue in 10 years

07/01/2014 - 10:13
The Minister of Aviation, Stella Adaeze Oduah, has projected that revenue that will accrue from the export of farm produce by Nigerian farmers through the perishable cargo programme would surpass oil revenue in the next 10 years.  read more
Namibian maize test positive for GMO

Namibian maize test positive for GMO

19/12/2013 - 08:13
The Namibia Consumer Trust (NCT) revealed yesterday in a press statement that a second test found traces of genetically modified organisms (GMO) in Maize meal on Namibian store shelves. read more
Food issues to threaten US-EU free trade deal

Food issues to threaten US-EU free trade deal

18/12/2013 - 10:16
Genetically modified crops, chlorine-washed chicken, beef quotas and a fight over who can call Greek-style cheese “feta” all block the way towards the largest free trade deal. read more
Red Bull plans drinks sales in China

Red Bull plans drinks sales in China

17/12/2013 - 07:59
Vienna - Red Bull is planning to launch its best-selling energy drink in China after gaining the necessary permissions, and is building an office in Shanghai, Austria's Kronen Zeitung reported. read more
2013 set to be the PC market’s worst year

2013 set to be the PC market’s worst year

11/12/2013 - 10:09
2013 is set to be the PC market’s worst year on record, finds new data from the IDC, with PC shipments expected to fall by 10.1%. 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
EU eyes ban on SA citrus imports

EU eyes ban on SA citrus imports

19/11/2013 - 08:37
Johannesburg - The EU is preparing a ban on South African citrus imports that could take orange juice off Europe’s breakfast tables next summer and sour efforts in Brussels to broaden trade with Africa’s biggest economy. 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
White, yellow maize climb to highs

White, yellow maize climb to highs

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.  read more
Meatco and Witvlei bid for Norwegian meat quota, Namibia

Meatco and Witvlei bid for Norwegian meat quota, Namibia

22/10/2013 - 08:31
Meat processing companies, Meatco and Witvlei Meat, have once again bid for the lucrative beef export quota to Norway, which is set at 1600 tonnes per year and pays 72% more than exports to other parts of Europe. Earlier this month, the Meat Board of Namibia requested for bids for the Norway quota from local meat companies.  read more
PC market doing better than expected

PC market doing better than expected

15/10/2013 - 07:55
Despite a year on year decline of 7.6%, the worldwide PC market didn’t do as badly as it was expected to do in Q3 2013. 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
Distell taps into China's cognac market

Distell taps into China's cognac market

09/10/2013 - 10:23
Johannesburg - South African liquor company Distell Group Limited [JSE:DST] has acquired a 60% share in fast-growing liquor distribution company CJ Wines & Spirits‚ expanding its presence in the East. read more
Global food prices to stop dropping

Global food prices to stop dropping

07/10/2013 - 08:31
Rome - Global food prices are not expected to fall much further after their fifth consecutive monthly decline in September, the United Nations food agency said on Thursday, trimming its estimate for 2013/14 world cereals production. read more
Massmart confirms Naivas bid, targets entry into Kenya

Massmart confirms Naivas bid, targets entry into Kenya

04/10/2013 - 11:00
Massmart has confirmed it is interested in buying a major stake in Kenyan retailer Naivas. 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
Samsung sees TV market recovery

Samsung sees TV market recovery

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
Engen brings cutting-edge Quickshop convenience to Africa

Engen brings cutting-edge Quickshop convenience to Africa

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.  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
Customs digital move lauded

Customs digital move lauded

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
Imperial Logistics achieves pleasing results

Imperial Logistics achieves pleasing results

22/08/2013 - 12:24
Johannesburg, 21 August 2013 – Imperial increased its revenue in its logistics businesses to R34 billion for the financial year ending 30 June 2013, achieving 21% growth. The European and African Divisions contributed almost equally, with revenue from African countries outside South Africa contributing almost 15% to total revenue. read more
Ten fishing companies fined $3.1m for breaching regulations, Ghana

Ten fishing companies fined $3.1m for breaching regulations, Ghana

15/08/2013 - 10:08
Ten fishing companies have been fined $3.1 million for illegal, unregulated and unreported fishing (IUU) in the country’s waters and in breach of Ghana’s fishing regulations.  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
Egyptian exports start to boom

Egyptian exports start to boom

31/07/2013 - 11:55
Cairo - Egypt is in the early stages of an export boom, suggesting its economy could begin to recover in the next few months if a minimum level of political stability is restored. read more
Smartphone growth soars

Smartphone growth soars

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
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
EMEA PC shipments plummet

EMEA PC shipments plummet

22/07/2013 - 08:57
New research from the International Data Corporation (IDC) shows that PC shipments in Europe, Middle East, and Africa (EMEA) continued to contract in the second quarter of 2013 (2Q13). read more
Getting Chinese to drink more South African wine

Getting Chinese to drink more South African wine

19/07/2013 - 07:29
Cape Town - The Western Cape department of agriculture, together with Wines of South Africa, recently hosted the second Beijing Wine Tasting in China.  read more
Coca-Cola invests Sh1.2 billion in plastic plant, Kenya

Coca-Cola invests Sh1.2 billion in plastic plant, Kenya

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
Ghana bans Zambeef products

Ghana bans Zambeef products

18/07/2013 - 10:03
The Food and Drugs Authority (FDA) of Ghana has warned prospective importers of Zambeef Products produced in Zambia to immediately halt any processes to get the beef into Ghana. read more
Merck deal set to spur Aspen bond sale

Merck deal set to spur Aspen bond sale

17/07/2013 - 08:49
Aspen Pharmacare’s purchase of a Merck division would probably spur South Africa’s largest drug maker to sell its first bonds to diversify debt, money manager Anchor Capital said on Friday. read more
Grindrod rises to 5-year high as rand slips

Grindrod rises to 5-year high as rand slips

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.  read more
White maize gains most in three weeks

White maize gains most in three weeks

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
CFI Holdings, Victoria Foods sets sights on long-term capital, Zimbabwe

CFI Holdings, Victoria Foods sets sights on long-term capital, Zimbabwe

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
OK Zimbabwe taps into South Africa market

OK Zimbabwe taps into South Africa market

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
Namibian fishing industry urged to diversify

Namibian fishing industry urged to diversify

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
India:  Liquor rates hiked by Delhi govt as much as 11%

India: Liquor rates hiked by Delhi govt as much as 11%

21/06/2013 - 11:44
Tipplers will have to shell out more to buy liquor in the capital with the Delhi Government approving a hike in alcohol rates as part of new excise policy, late last month.  read more
Ghana set to process 40% of cocoa locally, report

Ghana set to process 40% of cocoa locally, report

21/06/2013 - 10:48
Ghana is projected to increase its local processing of cocoa to 40% in the coming years, according to the 2013 Economic Report on Africa (ERA) released on March 25, 2013. read more
Iran ramps up wheat buying

Iran ramps up wheat buying

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.  read more
Smartphones bloom in emerging markets

Smartphones bloom in emerging markets

18/06/2013 - 08:04
Global smartphone shipments are expected to reach 958.8 million units in 2013, surpassing feature phone shipments for the first time, the IDC says. read more
Pick n Pay's Zim rival raises revenue

Pick n Pay's Zim rival raises revenue

14/06/2013 - 09:05
Harare – Zimbabwe’s leading grocer OK Zimbabwe, whose revenues for the year to March 31 surged 16.3% to US$479.6m, is planning to open two new stores and modernise five others during the current year. read more
SA maize falls after USDA report

SA maize falls after USDA report

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.  read more
SA discusses fruit exports to the EU

SA discusses fruit exports to the EU

11/06/2013 - 07:59
Brussels - International Relations Minister Maite Nkoana-Mashabane and the European Commission vice president Baroness Catherine Ashton are having talks behind closed doors at the European external affairs headquarters in Belgium's capital.  read more
Walmart launches fresh produce initiative

Walmart launches fresh produce initiative

05/06/2013 - 08:17
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
Zimbabwe: New procurement law on cards

Zimbabwe: New procurement law on cards

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
Retail: New warehouse distribution property sector emerging in Africa

Retail: New warehouse distribution property sector emerging in Africa

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
India: Liquor prices will increase next month

India: Liquor prices will increase next month

21/05/2013 - 10:36
New Delhi: Liquor prices are set to rise in the coming weeks as the cabinet cleared the new excise policy on Monday. While the policy leaves the licence fee untouched for the financial year 2013-2014, Indian Made Foreign Liquor (IMFL) will be dearer by 5% and country liquor by 11% once the new rates are notified in June.  read more
Chinese manufacturing slows in April

Chinese manufacturing slows in April

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
Danone sales boosted on baby food demand

Danone sales boosted on baby food demand

17/04/2013 - 10:58
Paris - French food group Danone said Tuesday the explosion in demand for baby formula in China helped lift sales by 4.3% in the first quarter of the year to €5.3bn ($6.9bn). read more
Namibia: Analysts give thumbs up to NBL results

Namibia: Analysts give thumbs up to NBL results

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
Distell: Group to buy stake in Kenya

Distell: Group to buy stake in Kenya

08/04/2013 - 09:08
The Kenyan government planned to sell a large part of its stake in a domestic wines and spirits marketer to South Africa’s Distell Group, the privatisation commission said on Friday read more
Ghana: Unilever Boss David Mureithi resigns

Ghana: Unilever Boss David Mureithi resigns

05/04/2013 - 09:36
The Managing Director of Unilever Ghana Limited, David Mureithi has resigned. read more
High costs see EABL profits dip 14%

High costs see EABL profits dip 14%

05/04/2013 - 09:19
GIiant beer and spirits maker East African Breweries posted a 14 per cent drop in net profits in its half year profits due to high financing and distribution and raw material procurement costs, the brewer said earlier this year.  read more
SA maize at one-month low

SA maize at one-month low

04/04/2013 - 07:40
Johannesburg - South African corn futures weakened for a second day to the lowest level in more than a month, tracking US prices that fell following reports of bigger-than-expected stockpiles. read more
Walmart sees losses amid corruption probe

Walmart sees losses amid corruption probe

28/03/2013 - 10:06
New York - US retail giant Walmart said on Tuesday it expected to suffer financial losses amid an ongoing probe into corruption scandals involving foreign subsidiaries. read more
Walmart wine selling key to SA push

Walmart wine selling key to SA push

26/03/2013 - 08:13
South Africa, the eighth-biggest wine producer, is seeking to regain a foothold in the US market lost to imports from Australia to Argentina by promoting brands at Walmart Stores and Whole Foods Market, a diplomat said last week.  read more
Local Supplier, Oceanfresh Seafoods, listed in Sam’s Club, US

Local Supplier, Oceanfresh Seafoods, listed in Sam’s Club, US

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
Barloworld expands specialised logistics solutions to Arab states

Barloworld expands specialised logistics solutions to Arab states

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
Growth in ports sends Grindrod shares up

Growth in ports sends Grindrod shares up

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
Zim to conduct DNA tests on SA meat

Zim to conduct DNA tests on SA meat

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.  read more
Grindrod earnings rise 22%

Grindrod earnings rise 22%

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
New multi-million rand plant for SAB

New multi-million rand plant for SAB

26/02/2013 - 08:57
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
Maize falls to 8-month low

Maize falls to 8-month low

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
Pfizer profits jump on asset sale gain

Pfizer profits jump on asset sale gain

30/01/2013 - 09:34
New York - The world's biggest pharmaceutical company, Pfizer, reported Tuesday a big jump in fourth-quarter earnings as cost-cutting efforts plus a gain from an asset sale helped offset the loss of exclusivity of a blockbuster cholesterol drug.  read more
Choppies supermarket-chain faces cost challenges as it increases footprint in South Africa

Choppies supermarket-chain faces cost challenges as it increases footprint in South Africa

23/01/2013 - 10:04
Choppies, the BSE-listed supermarket chain, seems to be paying the price for fast expansion across the country and its vigorous entry into the South African market. read more
Wal-Mart warns its suppliers

Wal-Mart warns its suppliers

23/01/2013 - 08:46
Bentonville, Arkansas - Wal-Mart Stores has alerted its global suppliers that it will immediately drop them if they subcontract their work to factories that haven't been authorised by the discounter. read more
Up to half of world's food wasted

Up to half of world's food wasted

11/01/2013 - 07:43
London - Up to half of all the food produced worldwide ends up going to waste due to poor harvesting, storage and transport methods as well as irresponsible retailer and consumer behaviour, a report said on Thursday.  read more
Maize futures slip on US prices

Maize futures slip on US prices

09/01/2013 - 09:01
South African maize futures finished lower on Tuesday in line with lower US grain prices due to slackening demand. read more
EABL unveils Sh4.3bn plant expansion plan

EABL unveils Sh4.3bn plant expansion plan

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.  read more
Woolworths to own 51pc of joint venture with Deacons in Kenya

Woolworths to own 51pc of joint venture with Deacons in Kenya

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
Global connected smart devices up 27%

Global connected smart devices up 27%

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
Zim: Meikles to unveil second Pick ’n’ Pay

Zim: Meikles to unveil second Pick ’n’ Pay

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
Walmart Canada opens 200th supercenter

Walmart Canada opens 200th supercenter

10/12/2012 - 09:58
Mississsauga, Ontario -- Walmart Canada on Friday opened its 200th supercenter, in Edmonton, Alberta.  read more
Concerns over revision of BEE codes

Concerns over revision of BEE codes

10/12/2012 - 08:19
Johannesburg - The SA Chamber of Commerce and Industry (Sacci) expressed concern on Thursday about revisions to the broad-based black economic empowerment (B-BBEE) codes of good practice.  read more
Warning about uncertified appliances

Warning about uncertified appliances

05/12/2012 - 09:50
Cape Town - Electrical appliances which are not certified by the SA Bureau of Standards (SABS) pose a serious threat to consumers' lives, Parliament's energy portfolio committee warned on Tuesday. read more
Motlanthe: Consumers spoilt for choice

Motlanthe: Consumers spoilt for choice

27/11/2012 - 08:44
Johannesburg - South African consumers are "spoilt for choice" and need to be convinced to buy local products, Deputy President Kgalema Motlanthe said on Monday.  read more
First woman on Siemens board to leave

First woman on Siemens board to leave

22/11/2012 - 08:35
Munich - Siemens AG's procurement chief Barbara Kux looks set to leave the company in 2013, five years after becoming the German engineering conglomerate's first female top manager. read more
Transnet, Eskom drive local supply

Transnet, Eskom drive local supply

15/08/2012 - 09:19
Johannesburg - Transnet's locomotive acquisition spree and Eskom's build programme present two of the best opportunities to increase local procurement, the department of public enterprises said on Tuesday. read more