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EU opens probe into Rexam beverage can takeover

BRUSSELS, BELGIUM: The EU's competition regulator opened an in-depth probe on Monday into the proposed takeover of Rexam, the British maker of beverage cans, by US peer Ball Corporation in an offer worth £4.3 billion ($6.6 billion; €5.8 billion)...

22 Jul 2015 10:00

Authors urge US antitrust probe of Amazon

SAN FRANCISCO, USA: Authors and booksellers are urging US antitrust officials to investigate whether online retail titan Amazon is abusing its considerable power to the detriment of readers, following a similar move in Europe...

15 Jul 2015 09:55



Mozambique destroys over two tonnes of contraband ivory, rhino horn

Authorities in Mozambique on Monday, 6 July 2015, burned more than 2.6 tonnes of ivory and rhino horns confiscated during various anti-poaching busts, demonstrating a tough stance on wildlife trafficking...

8 Jul 2015 06:41

[Source Africa 2015] Africa en vogue

Africa is certainly the next big thing when it comes to trading partners for the US, and the recent reauthorisation of the African Growth and Opportunity Act (AGOA) for another 10 years has just made it even hotter...

By Nicci Botha 11 Jun 2015 08:15

Constructive dismissal in Botswana

Constructive dismissal is simply a situation when an employer creates such working conditions (or so changes the terms of the employment contract) that the affected employee has no choice but to resign. In such cases the employee retains the right to receive compensation as having been dismissed unfairly...

By Keolebogile Mugabe 16 Apr 2015 11:10

Retrenchments and the Botswana Employment Act

Section 25(1) of the Botswana Employment Act Cap 47:01 provides that, where an employer terminates contracts of employment for the purpose of reducing the size of his workforce, he shall do so in respect of each category of employee, whenever reasonably practicable, in accordance with the principle commonly known as first in last out..

By Thabiso Tafila 16 Apr 2015 11:30

Taxation of capital gains earned in Mozambique by non-residents

In this article we briefly discuss the taxation of capital gains earned in Mozambique by non-resident taxpayers, with specific focus on the petroleum and mining sectors and the legislation regulating these sectors...

By Tânia Santhim 16 Apr 2015 11:17

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