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SOUTH African airlines will for the first time face direct competition from Air Namibia on certain African routes after it was granted fifth-freedom rights by the respective governments.
INFLATION has dropped back into the target range for the first time in 31 months, but it may not stay there for long.
THE Congress of South African Trade Unions (Cosatu) yesterday conceded that a campaign to "change the work ethic" in the public service was needed to meet the challenge of poor service delivery.
A SENIOR officer in the Windhoek City Police is facing three criminal charges - including a count of drunken driving - after making a first court appearance on Friday following a late-night car accident in the city earlier in the week.
Zimbabwean and South African businesswomen have moved a gear up in their pursuit to forge investment and trade ties, with the Professional Women, Women Executives and Businesswomen Forum (Proweb), this week hosting a delegation of women investors from SA's Women Investments Portfolio Holdings Limited (Wiphold).
PG Industries says it will expand its regional operations as the diversified construction material firm anticipates low activity on the local market.
FBC Holdings will soon be asking shareholders to raise US$20 million for recapitalisation of its banking arm, FBC Bank, it has emerged.
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.
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