World food and fuel costs have dropped but grocery prices at local supermarkets remain unaffordably high
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Massmart chief executive Grant Pattison says consumer spending has stagnated, while debt levels have increased.
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/ 9 September 2009
The theft of basic foodstuff has increased in the past year as cash-strapped consumers battle to cope in the recession, it was reported on Wednesday.
Labour and business agreed on Tuesday that Eskom’s proposed 53% tariff increase would have a severe impact on the economy. ”Pricing is not the only solution; effective leadership and strategic appropriation of management is important,” said Business Unity South Africa.
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/ 18 October 2007
Security measures will be tightened in shopping centres across the country, Business against Crime (BAC) said in Johannesburg on Thursday. Addressing a media conference in Illovo, BAC’s Jenni Irish-Qhobosheane said the prevalence of violent crimes in shopping centres was of serious concern for the government, the business sector and law-abiding citizens.
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/ 11 October 2007
In Japan, the Japanese run the economy, so in Africa, why aren’t the Africans running the economy? Minister of Science and Technology Mosibudi Mangena asked on Thursday. He was addressing delegates and corporate representatives at the 40th annual Black Management Forum at the Sandton Convention Centre.