Business

To nationalise or not?

    [notice]Port Elizabeth pastor Afrika Mhlophe challenges the church in South Africa to engage with the nationalisation debtate and to come up with some suggestions[/notice] From economists to self-appointed economic freedom fighters, the current debate in South Africa is about the issue of nationalisation. Those who are beating the […]

GMSA April sales up by more than 40%

General Motors South Africa (GMSA) had an excellent month in April with sales of 5 147 vehicles, placing the company a firm third in overall sales volumes, 43,2% up on the same month in 2010. This performance delivered a market share of 13,3% in April, a National Association of Automobile […]

ATM stats suggest cautious rise in consumer confidence

Cash withdrawals continue to drop with the February 2011 Spark Cash Index revealing an average cash withdrawal decline of 0,63% compared to January 2011. Marc Sternberg, MD of Spark ATM Systems, says while consumers provided retailers with a bumper Christmas, they became more cautious in the New Year and this […]

Basics need to be in place

[notice]In Part 1 of a series of articles that review the economic growth needs of the Nelson Mandela Metro, freelance business writer and researcher Ed Richardson (right) identifies four basic needs.[/notice] There will be no meaningful economic growth in the Nelson Mandela Metro until we address four basic needs – […]

GM withdraws TV ad campaign after complaint

General Motors (GM) Africa has decided to stop flighting two televsion advertisements after the Family Policy Institute (FPI) complained that they were “anti-family”. The “Red Tag Event” adverts were withdrawn following a discussion between GM Marketing Manager Melanie Maddux and FPI president Errol Naidoo this afternoon, GM Communications Manager Denise […]