Boom in furniture sales

Rising inflation has resulted in a boom in the furniture industry as people sought to convert spending power into inflation-proof assets. Furniture sales group, Pelhams says its volumes increased by…

Bleak year for journalists

Forty-two journalists were killed and 766 others arrested in 2003, which was one of the bleakest for the profession. This was the highest figure of journalists killed since 1995 when…

Tedco to demerge

Though the country is currently reeling from a shortage of foreign currency, one retail and manufacturing group, Tedco, says its export order book currently exceeds its available plant capacity. Exports…

Truworths profit up 445 %

Clothing retail group Truworths saw its sales for the year ending 6 July increase by 274 percent while net profit surged by 445 percent. It says inflation for clothing and…