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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.
Transport Minister Sibusiso Ndebele has stressed the need to strengthen cooperation and coordination to fight piracy on the Indian Ocean.
ZIMBABWE Stock Exchange-listed resource firm Falgold has released its 2008 full year financials 11 months after its year-end.
HWANGE Colliery Company Limited will later this week receive the first batch of equipment acquired under a US$5 million deal with a South African mine equipment firm for its open cast operations.
Charles Magaiza is a consummate Human Resources and People Development expert with over 12 years experience.
British Airways will resume flights to Zimbabwe early next year following a two-year absence in a move expected to improve tourist arrivals into the country.
SOUTH African investors are keen to establish businesses in Zimbabwe and are anxious to see Zimbabwe's economy stabilising, a Rustenburg municipal officer has said.
AFRICAN states are not devising a clear developmental strategy for regional economic communities, leading to international partners thinking the continent does not have a common approach and a vision for growth, says Egyptian ambassador to SA Mohamed Zayed.
Active Discussions: Southern Africa Business