e-spaces


Slowdown in local economy forecast to be over by 2010
September 15, 2008, 7:51 am
Filed under: Local Company News

By Tom Robbins

The local economic slowdown, which had “no dramatic implications at all”, was expected to be over by 2010, resulting in a return of buoyant consumers, according to a report by researcher Planet Retail.

(more…)



Eating out for survival
September 15, 2008, 7:46 am
Filed under: Local Company News

Are South Africans addicted to fast foods or has eating out become so much a part of our way of life that it is considered an essential expense? Or do our fast food restaurants simply have very reasonable prices?

(more…)



Spur beefs up revenue by 37% but Australian venture takes a big bite
September 15, 2008, 7:35 am
Filed under: Local Company News

September 12, 2008

By SLINDILE KHANYILE

Durban – Spur Corporation raised its revenue by more than a third in the year to June but an unsuccessful fish and grill pilot outlet in Australia undermined the results.

(more…)



Happier times in store for shoppers
September 15, 2008, 7:31 am
Filed under: Local Company News

By Ethel Hazelhurst

Johannesburg – Better times are in store for consumers who have seen inflation outstrip their wage increases over the past year.

(more…)



Mr Price expands home store footprint
September 15, 2008, 7:14 am
Filed under: Local Company News

By Tom Robbins

Cape Town – Mr Price was continuing to grow its overall Mr Price Home store footprint, despite closing some unprofitable stores, joint managing director Steve Ellis said yesterday.

(more…)



True to Queenspark form
September 15, 2008, 7:10 am
Filed under: Local Company News

In its customary brief style, Rex Trueform said last week in its annual results commentary that gross margins had expanded by a full 2 percentage points, an excellent performance in a cycle characterised by markdowns.

(more…)



KFC boss gets nervous about relocation of Colonel Sanders’ secret recipe
September 15, 2008, 7:07 am
Filed under: Local Company News

September 10, 2008

Pssst. The secret’s out at KFC.

Well, sort of.

Colonel Harland Sanders’ handwritten recipe of 11 herbs and spices was removed yesterday from safekeeping at KFC’s corporate offices for the first time in decades. The temporary relocation is allowing KFC to revamp security around a yellowing sheet of paper that contains one of the US’s most famous corporate secrets.

(more…)



Zimbabweans can now use foreign currency in shops
September 15, 2008, 7:05 am
Filed under: International News

September 11, 2008

Harare – Zimbabwe would license shops to sell goods in foreign currency to help ease shortages, it said yesterday – the clearest sign that authorities were losing the battle against a thriving black market.

(more…)



Cheaper broadband to give online retailers hope
September 15, 2008, 7:04 am
Filed under: Local Company News, Retail

September 11, 2008 

 

By Stephen Timm

Cape Town – Running a business on the internet in South Africa is looking increasingly promising, with the cost of broadband access expected to become more affordable with the laying of new undersea cables and the recent shake-up in network licensing by the Independent Communications Authority of SA, the telecoms regulator.

(more…)



North or south?
September 15, 2008, 6:57 am
Filed under: Opinion/Analysis

Steinhoff, the integrated furniture, logistics and motor retail group that failed to buy the JD Group last year, hasn’t given up on the local furniture retail market yet.

(more…)