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Southern Africa Business - Top News

  • November 19
  • Biz-Community South Africa: Time for Marketing and Governance to Snuggle Up [column]

    Corporate governance and marketing may seem like unlikely bedfellows, but it's high time that they get cosy together. A current case in point is Eskom, where its marketing team must be having sleepless nights about how to salvage that parastatal's reputation. The marketing director has a key role in protecting the brand and reputation of a company - arguably its most important asset - and the ...

  • November 18
  • The Herald Zimbabwe: Mugabe Blasts West's Subsidies to Farmers

    RICH countries' agricultural subsidies and denial of market access to produce from developing countries were partly to blame for low crop production in developing nations, President Mugabe has said.

  • SW Radio Zimbabwe: Parliament Passes Bill to Reform Reserve Bank

    Parliament on Wednesday unanimously approved a bill to reform the central bank. In theory this should reduce the powers of bank governor Gideon Gono.

  • Business Day South Africa: Call for Power Price Hikes

    THE government should raise electricity tariffs to a level that will allow Eskom and independent power producers to operate, according to consultants Frost & Sullivan.

  • BuaNews South Africa: Residents to Learn How to Capitalise On 2010

    The Ehlanzeni District Municipality in Mpumalanga's lowveld is launching a campaign to promote entrepreneurship among its residents.

  • Business Day South Africa: Captain Deserved Promotion, Court Told

    POLICE captain Renate Barnard should have been promoted to superintendent in 2006 because she proved her competence in interviews and her score ratings were higher than the other candidates, retired assistant police commissioner Abraham Burger told the Labour Court yesterday.

  • Business Day South Africa: Bombela in Bid to Meet World Cup Deadline

    BOMBELA, the Gautrain concessionaire, said yesterday it had put forward a cheaper option which would see the first phase of the rail link completed in time for next year's Soccer World Cup.

  • Times of Zambia Zambia: 13,000 Jobs Coming

    GOVERNMENT has announced that the multi-facility economic zone (MFEZ) at Lumwana in Solwezi will attract an investment of about US$1.2 billion and create more than 13,000 jobs.

  • Times of Zambia Zambia: Govt Will Upgrade Markets, Assures Veep

    THE Government is working towards modernising all the markets in the country, Vice-President George Kunda has said.

  • SW Radio Zimbabwe: Civil Service Audit to Begin November, but Will Exclude Army

    Public Service Minister Eliphas Mukonoweshuro has announced that the coalition government will this month begin an audit of the civil service, to weed out ghost workers. The audit follows reports over the months that tens of thousands of workers were on the public service payroll, despite not doing anything.

  • BuaNews South Africa: Gautrain Route Could Be Ready Before World Cup

    A section of the rapid rail network Gautrain route between OR Tambo International Airport and Sandton could be completed before the start of the 2010 FIFA World Cup.

  • BuaNews South Africa: Eskom Announces Three New Appointments

    Eskom on Wednesday announced the appointment of a new financial director, managing director and managing director.

  • BuaNews South Africa: Trade Conditions Remain Positive in October

    South Africa's trade conditions in October remained positive, the South African Chamber of Commerce and Industry (SACCI) said on Wednesday.

  • Biz-Community South Africa: Virtual Conferencing Improves Bottom Line

    Companies who use these capabilities report achieving measurable improvements in their corporate performance including increased business efficiencies and total cost savings.

  • Business Day South Africa: Transnet Fills the Gap At Rail Unit

    TRANSNET yesterday said it had reshuffled its senior executives, temporarily filling the top post at its largest division that had stayed vacant for almost two months.

  • Business Day South Africa: Growthpoint Paper Issues Prove Popular

    SA's biggest listed property group, Growthpoint Properties , said yesterday its R500m inaugural senior unsecured commercial paper issue listed on the JSE had been well oversubscribed, with R1,5bn of bids submitted.

  • Business Day South Africa: Market Accepts Freeworld Price Increase

    FREEWORLD Coatings, which distributes paint brands Plascon and Midas, traded strongly last month just after raising its prices for decorative coatings 5% in September, showing the market had accepted the increase, CEO André Lamprecht said yesterday.

  • Business Day South Africa: TWP And Basil Read Merger Gets the Nod

    THE majority of shareholders of construction groups TWP and Basil Read yesterday gave the merger between the two companies the nod, voting 83% and 75% in favour respectively.

  • Business Day South Africa: CEOs Dig in for Economy's Long, Slow Climb

    CHIEF executives and economists of some of SA's top listed firms say it is too early to give the all-clear for the economy, and recovery from its first recession in 17 years could be slow.

  • Business Day South Africa: Platinum Price Rebound Expected

    PLATINUM prices are expected to hit highs of 1550/oz in the next six months as the global demand for the precious metal recovers, according to the latest Platinum Review released yesterday by global refiner Johnson Matthey.

  • Business Day South Africa: Sound Management in Control At Mr Price [column]

    LAST week, the mostly cash retail chain Mr Price published its results for the six months ended September 30 this year. In an extremely poor trading environment, the group's total retail sales rose by 4,7% half- year on half-year and headline earnings per share increased by 15,1%. Delving into my archived files, I reread the two Forecast Factory columns in which I had discussed the company's ...

  • Business Day South Africa: Local Hedge Funds Perform Well

    THE Blue Ink All South African Hedge Fund Composite, which tracks about 100 hedge funds in SA, increased 11,79% for the 12-month period to end-September, while the FTSE/JSE a ll s hare i ndex rose 7,7% for the period.

  • Business Day South Africa: Net Worth of Country's Rich Halves in Two Years

    THE net worth of SA's most wealthy individuals halved in two years to R58,5bn last year , mainly because they had begun looking for ways to streamline costs as a result of the recession.

  • Business Day South Africa: Gordhan Tells Artists Not to Rely On State to Bail Out Sector

    FINANCE Minister Pravin Gordhan told representatives of SA's creative industry yesterday not to rely on the government to bail out the struggling sector, saying the state had less money to spend because of the recession.

  • Business Day South Africa: Third-Quarter Gold Output Lags in Boom

    SA's gold output was 4,8% higher in the third quarter than in the second, but 2,9% down on the previous third quarter's, the Chamber of Mines said yesterday.

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