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Sony profits beat expecatations 21 Aug 2013 | 08:00 pm
Sony Corp reported a higher than expected first-quarter operating profit on Thursday, boosted by strong sales of its flagship Xperia smartphones in Japan and rising shipments of image sensors to phone...
Consumer confidence still low – report 21 Aug 2013 | 07:45 pm
Johannesburg – The drop in consumer confidence might have been exaggerated, according to the latest FNB [JSE: F SR] and BER Consumer Confidence Index (CCI). ” Although the first quarter fall in consu...
Surface a huge loss for Microsoft 2 Aug 2013 | 07:37 pm
Microsoft Corp’s Surface tablets have yet to make any profit as sputtering sales have been eclipsed by advertising costs and an accounting charge, according to the software company’s annual report. T...
Rand weakens as yields rise 2 Aug 2013 | 07:29 pm
Johannesburg – South Africa’s rand declined for a second day and bonds fell, driving yields to the highest in a month, as credit growth slowed and before data this week that may show the trade deficit...
Bralirwa unveils ‘medium size’ beer bottle 2 Aug 2013 | 06:30 pm
Rwanda’s leading beer and soft drinks maker, Bralirwa, has launched a 50cl bottle for its Primus beer brand onto the market. The firm already has the petite 72cl and the 33cl big size bottle that hav...
Woolworths rallies as sales climb 2 Aug 2013 | 06:23 pm
Johannesburg – Woolworths Holdings gained the most in a week after reporting a acceleration in full-year sales. The shares advanced as much as 2.6 percent, the most on an intraday basis since July 11...
Truworths: Profit forecast hurts share price 2 Aug 2013 | 06:12 pm
Shares of Truworths tumbled more than 7 percent yesterday after the retailer warned profit growth would miss expectations, as debt-laden customers slowed their spending. Truworths said its headline e...
Siemens boss set to fight for his job 2 Aug 2013 | 06:03 pm
Frankfurt – Siemens chief executive Peter Loescher plans a probably doomed fight for his job at Wednesday’s supervisory board meeting, a German newspaper said, after the German industrial group said a...
Builders Warehouse opens second store in Botswana 2 Aug 2013 | 04:52 pm
Massmart is pleased to announce the opening of its second Builders Warehouse store in Botswana. The store opened its doors on Thursday,25 July 2013. Massbuild invested R20.5million in the new 5 150m² ...
Unilever cautious on emerging markets 2 Aug 2013 | 04:30 pm
London – Unilever has become more cautious about prospects for emerging markets, a big growth driver for the consumer goods company, which reported underlying second-quarter sales growth shy of market...