The company refuses to recognise a union and a community group as worker representatives...
Joseph Chirume 9 Nov 2020
Service delivery protests were responsible for 80% of R1.5bn-worth of claims received by the state-owned short-term insurer, Sasria, while labour strikes accounted for the balance in the financial year 2018...
While Eskom hails Medupi's Unit 3 attaining commercial operation status as a major milestone, it cannot be forgotten that the power station's construction programme has been a litany of corruption, technical failures and mounting costs...
South Africa has a host of appealing competitive advantages. It remains the continent's second-largest economy - benefitting from a large manufacturing base...
The new MD of BMW SA, Tim Abbott, has said labour relations in SA's automotive industry are stable, echoing a sentiment expressed by Mercedes-Benz SA CEO Arno van der Merwe...
The finances of South African consumers are under pressure from too much debt and consumers spending more than they earn‚ a survey into the financial vulnerability of consumers has found...
Ntsakisi Maswanganyi 12 Feb 2015
RCL Foods has fallen to a headline loss of 47.7c a share from profits of 4.8c a share last year mainly because of a surge in finance costs.
A new labour strike is looming at a time when South Africa can least afford it. As many as 200,000 workers in the metal and engineering sector could down tools as wage talks deadlock.
Manufacturing business confidence improved in the first quarter of 2014‚ as exports benefitted from a weak rand that supported the export earnings of manufacturers.
The MBD Consumer Financial Vulnerability Index has been released indicating that not only were South African consumers financially more vulnerable in 2013 than in 2012 but they perceived their cash flow situation to be in the worst state since the economic recession in 2009.
The manufacturing business confidence was slightly lower in the fourth quarter of this year‚ nudging down one index point to 36‚ the Bureau for Economic Research says.
Increasing trade and investment between South Africa and China is a matter that both countries will continue to work towards.
The Coface Group, a worldwide leader in credit insurance, has released its latest report on South African growth prospects, taking into account the mining and export slumps. Overall, economic activity remains generally sluggish while upside risks to inflation have increased due to a weaker rand. Coface believes that this will persuade the Monetary Policy Committee to keep policy neutral over an extended period, with interest rates remaining unchanged for most of 2013. A reversal in policy easing is likely only late in the year or even in 2014.
During the last week of April the Dutoit Group held a picking competition between the winning picking teams for each of its six estates, situated in the Koue Bokkeveld, Ceres, Western Cape.This is the first time this competition has been held and it was hosted at Lindeshof Estate.
Economies in sub-Saharan Africa will ride out the bumpy global recovery in the next few years to post growth rates not seen outside Asia, the IMF said in its latest economic forecasts Tuesday (16 April).
A new study by the New England Complex Systems Institute (NECSI) pins South Africa's violence to starvation wages, as maize prices soar. This follows research conducted following the Marikana massacre.
According to BDlive, market conditions have not been favourable to the mining industry, following on the developments at Marikana, and the subsequent illegal labour strikes at other mining operations in the platinum, gold and coal sectors. The spotlight is now solidly directed onto the mining industry and, in particular, the platinum group metals sector.
The flurry of negative news that has dominated South Africa in recent weeks, including the downgrade by Standard & Poor's, labour strikes and political uncertainty in the run-up to Mangaung, have filtered through to the local financial markets, with retail investors attracted to the anticipated safety of rand-sensitive stocks.
Nilan Morar 19 Oct 2012
While the South African Constitution allows everyone the rights to picket, present petitions, demonstrate and assemble peacefully and unarmed, the sad reality is that these gatherings often turn violent and destructive. The recourse for victims of this kind of violence was recently clarified by the Constitutional Court.
Keshni Pillay 16 Jul 2012
NEW DELHI: India's biggest carmaker Maruti Suzuki said Saturday (28 April 2012) quarterly net profit slipped by three percent, but it still beat analysts' forecasts after sales rebounded in Asia's third-largest auto market.
According to Engineering News, Graham Edwards, CEO of industrial chemicals and explosives manufacturer AECI, said the company is continuing to look at expansion opportunities for its explosives business, AEL Mining Services, into markets beyond South Africa, especially the rest of Africa, Asia Pacific and South America.
As another Nelson Mandela International Day nears (Monday, 18 July 2011), the IMC - in partnership with the Homecoming Revolution, Sanlam, SA The Good News, Direct Marketing Association of SA, Heartlines and loveLife - is urging all South Africans to use their resources, skills, time, money or goods to play their part by giving 67 minutes or more to do something good for their communities to make SA a better place to live in.
Issa Sikiti da Silva: @sikitimedia 14 Jul 2011
Retail sales figures to be released tomorrow are expected to show further deterioration due to a slowdown in consumer expenditure as higher living and debt-servicing costs are demanding a larger chunk of consumers' budgets.
Thabang Mokopanele 10 Nov 2008