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May 24 2012 17:31
The Reserve Bank will maintain current interest rates, and a considerable reduction in the local petrol price is anticipated, says governor Gill Marcus.
May 25 2012 13:58
The costs of the first phase of the Gauteng Freeway Improvement Project have increased significantly to almost R90bn, according to a report.
May 25 2012 11:36
The JSE has identified and stopped "incorrect" trades from one of its members, and will reverse the trades and lower the session's total value after the close.
Cape Town - Well-known South African chef Reuben Riffel says he’s not interested in taking the place of Gordon Ramsay, who was abruptly "fired" last week by Kerzner International.
Riffen has been rumoured to take over from Ramsay at the One&Only Hotel in Cape Town after the consultancy agreement with Gordon Ramsay Holdings (GRH) at the One&Only's Maze restaurant was suddenly ended. The hotel is now running its own restaurant there.
Riffel said he was happy in Franschhoek at the moment and hoped people would stop speculating. He noted that the South African restaurant industry could learn from what had happened at the internationally GRH-branded Maze at the One&Only.
He now realised more than ever how important it was not to get too big and become unable to keep a finger on the pulse of one’s business.
Because of the economic climate, Riffel considered restaurants in South Africa currently in a highly vulnerable position.
It had been a difficult year for everyone in the restaurant industry, and it was now even more important to maintain a hands-on approach to a business.
- Sake24.com
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