Click here to read or make comments on this topic »
AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.
Load-shedding has crippled Harare's water treatment plants at Morton Jaffray and Prince Edward, resulting in erratic water supplies in and around the capital despite a Government directive against switching off strategic national installations.
COMPANIES facing viability problems have laid off more than 2 000 workers this year while others have gone for over two years without paying severance packages to those retrenched, the Parliamentary Committee on Public Service, Labour and Social Welfare heard on Monday.
MITCHELL and Mitchell -- the exporter of horticultural produce -- is insolvent and its directors have filed an application for provisional liquidation.
YOUNG Communist League (YCL) national secretary Buti Manamela says the call by its counterpart in the African National Congress (ANC) to nationalise mines only amounts to "state capitalism" and would not restore SA's mineral wealth to the people.
South Africa's economy turned around in the third quarter of 2009, registering marginal growth, the government's statistics agency reported Wednesday.
GAUTENG roads and transport MEC Bheki Nkosi yesterday moved to quash speculation that the government was considering making additional funding available to the Bombela Consortium to complete the airport link of the Gautrain in time for the Soccer World Cup.
PARLIAMENT yesterday heard that the influx of old second-hand vehicles and the Government's decision to allow sale of second hand tyres is a contributing factor to the high number of road accidents in the country.
South Africa has emerged from its first recession in seventeen years.
The chief executive officer of the Motor Vehicle Accident Fund (MVA), Cross Kgosidiile has said that last year, the number of people who died in road accidents went down compared to 2007.
People who commute on the Francistown-Mandunyane road may find themselves in the lurch as bus and combi drivers threaten to strike to protest the recent 'reduction' of fares by the Department of Road Transport and Safety (DRTS).
World leading industrial solutions group, Atlas Copco, plans to expand its operations in Botswana, using its newly opened headquarters to penetrate the mining and construction industries.
Financial counters dominated activity on the Botswana Stock Exchange (BSE) last week as investors continue to come back to the market.
THE economy's return to growth "closes the door on any further interest rate cuts", financial services firm Investec said yesterday.
TELKOM is becoming the latest parastatal to set the alarm bells ringing.
IT WILL not be easy for Telkom to enter the market as SA's fourth cellular operator. It will be hugely expensive for a start, as it needs to have a mobile network that will outclass those of its rivals to have any hope of luring customers. And the R6bn price tag is enormous.
MOODY's Investors Service yesterday affirmed the long-term issuer rating of Imperial Group of BAA3 and changed its outlook to stable from negative, praising the diversified group for its resilience in tough economic times.
TIGER Brands , SA's largest food company, yesterday said profit for the year to September rose 8% to R2,5bn, as people switched to maize from more expensive staples such as rice, and commodity prices fell from the high prices seen the year before .
IN THE report on the results for the year ended September 30, the directors of Coronation Fund Managers ( Coronat ) emphasised how the performance of their funds had been driven on the criterion of absolute return.
ELECTRICAL and instrumentation company B&W has acquired earthing and lightning protection company Pontins for R19,2m, which it hopes will augment its existing electrical contracting business with a complementary niche service.
A RETIREMENT fund yesterday suggested legislation was needed to compel pension funds to invest unclaimed pension fund surpluses in job-creating projects and help the government deal with SA's worsening unemployment crisis.
THE recession has ended, with the economy turning mildly positive after three negative quarters as the manufacturing sector bounced back in response to a pickup in global demand, and spending by the government helped to cushion the economy from the downturn.
The Treasury has extended a helping hand to the struggling SABC , approving its application for a government bank guarantee of R1,47bn.
BIG business will express its view on issues such as energy and healthcare more openly than it has done in the past in a bid to influence policy debate .
A number of community television stations around South Africa are set to lose their frequency and may have to close.
President Jacob Zuma has urged the Norwegian and the South African governments to continue implementing the agreements they have already signed.
Active Discussions: Southern Africa Business