Mobile phone manufacturer Motorola reported yet another disastrous quarter of financial results Tuesday that sent the struggling company's stock plummeting 11% to US$4.03 per share in mid-day trading. 4 Feb 2009
Lauren Siebrits, Chief Executive Officer of Simba, PepsiCo's snack business in South Africa, has also been appointed to take over the beverage business, Pepsi South Africa. 3 Feb 2009
Neither 'New' nor 'Classic', Coke is simply itself again. 3 Feb 2009
Allday EnerGI Foods, manufacturer of frozen Low GI prepared meals and snacks recently launched its range in Gauteng through Checkers and Checkers Hyper as well as selected Spar stores. 2 Feb 2009
Eastman Kodak said Thursday it is cutting 3,500 to 4,500 jobs, or 14% to 18% of its work force, as it posted a US$137 million fourth-quarter loss on plunging sales of both digital and film-based photography products. 30 Jan 2009
Eikendal, the Cape Wineland cellar situated on the slopes of the Helderberg, has just released the 2005 vintage of its elegant Classique - the estate's flagship Bordeaux-style red blend. 29 Jan 2009
Royal Philips Electronics, the Dutch conglomerate that makes lighting products, on Monday reported a fourth-quarter loss of 1.47 billion euros (US$1.9 billion) and said it would cut 6,000 jobs, blaming weak global economic conditions for poor business performance, asset write-downs and restructuring charges. 27 Jan 2009
Samsung Electronics, South Korean consumer electronics superpower and ostensibly the world's largest manufacturer of flat screen televisions, memory chips and liquid crystal displays, posted its first ever quarterly loss Friday as the global economic slump hit prices and demand for mainstay products. 26 Jan 2009
Sony projected it would report its first annual net loss in 14 years Thursday, and Chief Executive Howard Stringer vowed to turn around the company with pay cuts, job reductions and trendier gadgets. 23 Jan 2009
Best Buy, ostensibly the USA's largest consumer electronics chain, said Wednesday that it has named President and Chief Operating Officer Brian J. Dunn as its new chief executive effective 24 June 2009. 22 Jan 2009
Sony Ericsson is the latest casualty of the global economic slowdown. 20 Jan 2009
Stellenbosch wine estate, Simonsig, is paving the way for South African Méthode Cap Classique in the tough USA market with Simonsig Kaapse Vonkel Brut Rosé clinching the venerable 90-point mark in no less than two authoritative wine publications in under three months. 20 Jan 2009
Nintendo's dominance of the console gaming market continued in December, according to sales figures collected by the NPD Group. The Wii set a new monthly record as consumers picked up some 2.15 million consoles in December alone. The good news continued for Nintendo; its portable gaming platform, the DS, also set a one-month sales record with more than 3 million units moving off of store shelves. 20 Jan 2009
Nola, a division of Foodcorp, has re-launched its leading pet food brand Bobtail with a new look and an extended product line to further entrench their position in the market. 16 Jan 2009
Mobile handset maker Motorola said Wednesday it will cut 4,000 more jobs in 2009, in addition to 3,000 it announced in October. 16 Jan 2009
Two giants of Japan's consumer electronics industry are expected to announce annual losses for the first time in many years. 14 Jan 2009
Following on from the recent relaunch of the Yum Yum peanut butter range, Nola, a division of Foodcorp, is taking the brand in a new direction with the launch of its latest campaign. 13 Jan 2009
It's the end of an era as a British retail institution closed its doors on a century of trading as the latest victim of the financial crisis shut down the last of its stores. 7 Jan 2009
If you'd love to turn out gourmet dishes time after time without spending too much time in the kitchen, you'll be glad to know that with the launch of Woolworths comprehensive new ranges of cook's and baking essentials, help is at hand! 7 Jan 2009
UK clothing-to-food retailer's plans to axe jobs brings more doom. 6 Jan 2009
Let's do Biz