Wednesday July 9, 2008
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Latest South Africa Consumer News

  • Mkts cheer, Sensex adds over 600 pts 9 Jul 2008 11:32 GMT
    ... its best close since June 30, after South Africa's MTN and the No. 2 Indian mobile ... and firmer interest rates expected to crimp consumer spending and corporate earnings. "The bear market ...

  • South Africa heading for recession - Moody's 9 Jul 2008 11:16 GMT
    ... Home > Moneyweb > SOUTH AFRICA > Economic trends South Africa heading for ... higher interest rates and surging inflation curb consumer spending, Moody's Investors Service said. A power ...

  • Indian shares rebound 4.6 pct, Reliance Comm jumps 9 Jul 2008 10:55 GMT
    ... its best close since June 30, after South Africa's MTN (MTNJ.J: ) and the No. 2 ... and firmer interest rates expected to crimp consumer spending and corporate earnings. "The bear market ...

  • SA Tourism, CNN in multi-media campaign 9 Jul 2008 09:36 GMT
    ... SA via the As more and more consumers look to the online arena for information, this ... for their business. We're thrilled to have South African Tourism on board for this campaign." . ...

  • Power struggle puts council on hold 9 Jul 2008 09:31 GMT
    ... go-ahead from the National Energy Regulator of South Africa (Nersa). The Municipal Finance Act requires that ... difficult issue will be to identify poor consumers, as the municipalitys tariffs do not make ...

  • Economics - what utter rubbish! 9 Jul 2008 09:31 GMT
    ... afford him the “amusements of human life”. South Africans in the past months have been subjected ... which has been unfortunately passed on to consumers. This give explanation to the increase in ... government spending. Is this really possible in South Africa when we are also facing hangover inflation, where ...

  • China Keeps Zimbabwe Afloat 9 Jul 2008 09:30 GMT
    ... cost a decade ago, when factoring current consumer price indicators and inflation figures. With public ... to take up menial jobs in neighboring South Africa in recent years to support their families ...

  • High rates will cause job losses, curb spending  9 Jul 2008 09:19 GMT
    ... Further interest rate hikes will do little to slow inflation, and may push the consumer side of South Africa’s economy into a recession, Stanlib chief economist Kevin Lings argued ...

  • China and India hold out on emission targets 9 Jul 2008 09:19 GMT
    ... for more regular dialogue between producers and consumers. They also stressed the importance of energy ... economies – China, India, Brazil, Mexico and South Africa – did not. Those countries say rich ...

  • » More Qashqai coming 9 Jul 2008 09:05 GMT
    ... proving to be a success both in South Africa and internationally which has led to capacity ... steady numbers with a steady stream of consumer demand, explained Nathalie Lopez-Ruiz, Nissan Qashqai Product ...

  • Vodacom Mobile security concerns 9 Jul 2008 07:54 GMT
    ... of any website into a smaller, cellphone-friendly format.” The company came under fire from consumers and the South African chapter of the Internet Society, saying that it ‘broke’ many websites which used to ...

  • G8 nations back India's proposal to set up forum to tackle soaring oil prices 9 Jul 2008 07:53 GMT
    ... set up a dialogue between producers and consumers to stabilize soaring oil prices which posed ... cutting greenhouse gases. But developing countries like South Africa quickly dismissed the G8 agreement as an ...

  • G-8 backs PM's idea on Forum on oil prices 9 Jul 2008 07:53 GMT
    ... set up a dialogue between producers and consumers to stablise soaring oil prices which posed ... cutting greenhouse gases. But developing countries like South Africa quickly dismissed the G-8 agreement as an ...

  • 07-09-08 EUR ALL ON ONE PAGE... 9 Jul 2008 07:35 GMT
    ... words in greeting cards, Hallmark is giving consumers an even larger selection of funny cards ... designing a line of fetish shoes. *The South African Reserve Bank on July 18 will begin ... The new five rand coin will be South Africa's largest coin and is worth about 65 ...

  • De La Rue Reselected to Provide Secure Licensing Solution for 2010 FIFA World Cup(TM) 9 Jul 2008 07:34 GMT
    ... protect their 'exclusive license' investment by differentiating official premium products in the retail market. Consumers will also benefit because they are able to recognise and select authentic merchandise, giving ...

  • The R-word 9 Jul 2008 07:33 GMT
    ... When reporting the FNB/BER consumer confidence results last week, it was noticeable ... affairs by a large majority of urban South African adults, as one would expect after four ... and loss of momentum already behind us, South Africa still faces yet higher inflation in coming ...

  • SA's creatives 'can compete on world stage'   9 Jul 2008 07:22 GMT
    ... recurring theme is the evolution of strong South African themes, say judges. Three of the judges, ... people. Marketing is becoming increasingly intimate and consumers are allowing marketers in. “Our challenge is to ...

  • CHALLENGES POSED BY HIGH FOOD PRICES 9 Jul 2008 06:59 GMT
    ... FOOD PRICES An NNN-BUANEWS Special Report by South African Finance Minister Trevor Manuel PRETORIA, July 9 ... negatively affected by rising food prices. In South Africa where the poor are not large producers ... per cent. The food component of the consumer price index increased by 15 per cent ...

  • Retailers prefer welfare to price control  9 Jul 2008 06:58 GMT
    ... of rising food prices. The Congress of South African Trade Unions (Cosatu) has called for the ... to plan electricity production adequately. He said consumers should not have to pay the increased tariffs. ...

  • Major economies to meet again at 2009 G8 summit-US 9 Jul 2008 06:13 GMT
    ... Wednesday to discuss climate change. China, India, South Africa, Mexico and Brazil were joined by Australia, ... Financial News. *Malaysian Central Bank Chief: June Consumer price inflation expected to exceed 6% ...

  • Why the concept of a close corporation should stay and the audit should go 9 Jul 2008 05:34 GMT
    ... This is an economic necessity in the South African context. As a result the Close Corporation ... had via other legislation related to labour, consumer protection, promotion of access to information, anti-money laundering, ...

  • Zambia: Zesco, El Sewedy Set Pattern in Electricity Infrastructure 9 Jul 2008 04:35 GMT
    ... operations and make life easier for electricity consumers. "As part of its contribution Zesco has already ... a regional giant, which would compete with South African based electricity meters manufacturing plants. Copperbelt Minister, ...

  • Zesco, El Sewedy Set Pattern in Electricity Infrastructure 9 Jul 2008 04:35 GMT
    ... operations and make life easier for electricity consumers. "As part of its contribution Zesco has already ... a regional giant, which would compete with South African based electricity meters manufacturing plants. Copperbelt Minister, ...

  • 'BCI down, but not out' 9 Jul 2008 04:32 GMT
    ... The Business Consumer Index is down again for June to ... an official recession by October. Mokoena says South African businesses must try to view the economic ... downturn in context. "It is not just South Africa which is facing hard and uncertain times. ...

  • Canadian jobs data out Friday 9 Jul 2008 04:31 GMT
    ... month. The U.S. Federal Reserve Board releases consumer credit data for May. Economists expect an ... China, India, Brazil, Australia, Indonesia, South Korea, South Africa and Mexico gather to discuss climate change ...


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