Filed under: International News
Nestlé, the world’s biggest food company, and Kellogg’s, the biggest US breakfast cereal maker, are unable to raise prices fast enough to sustain earnings growth after the cost of grains, dairy products and meat surged to records.
Filed under: International News
The US economic slump will extend into next year as the longest expansion in consumer spending on record comes to an end, according to a Bloomberg News survey.
Four shopping malls that opened in Soweto over the past three years were attracting most of the township residents’ buying power, according to research by the Unisa’s Bureau of Market Research (BMR).
South Africa’s mobile advertising revenue is expected to grow more than 10 times in the next four years to as much as R2.15 billion, according to a BMI-TechKnowledge report that was released yesterday.

