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Air Zimbabwe should reinstate more than 400 workers it retrenched in August, the Labour Court has ruled.
Metro Writer
THE ban on the labour-hire system in Namibia will remain suspended while a Supreme Court decision on the constitutionality of the ban is pending.
ZIMBABWE is ready to receive investment across all sectors of the economy, and will remain an attractive investment destination in Africa, Zimbabwe's Ambassador to South Africa Simon Khaya Moyo, told South African investors.
WE hail the City of Harare for acting timeously to restore road markings on the city's streets as the move is bound to go a long way in reducing the scourge of accidents this rainy season.
Banks have disbursed US$70 million to agriculture in the last two weeks as preparations for the current summer cropping season intensify.
AFRICA Land Fund has gained control of Ariston Holdings after buying Delta Beverages' 41 percent equity in the horticultural firm for about US$4 million.
The National Social Security Authority is working on extending accident insurance to the informal sector and domestic workers and introducing health, maternity and sickness schemes, the organisation's general manager Mr James Matiza has said.
Zimbabwe is a safe investment destination and Italian businesspeople wishing to establish businesses in the country are welcome, President Mugabe has said.
THREE Zambian companies are among the seven bidders who have been awarded the licence to explore petroleum in three provinces as the Government has called for immediate commencement of the works.
THE petrol situation in Ndola, Kitwe and Lusaka yesterday normalised following the resumption of production by Indeni Petroleum Refinery.
ONCE tomorrow's deadline for taxpayers to file their personal income tax returns electronically passes, we hope the figures will once again show that South Africans are becoming more and more compliant in meeting their obligation to pay what is due to the state, honestly and on time.
LENDING on cars and furniture outstripped new mortgage lending for the first time in the first two quarters of this year as banks tightened mortgage lending and consumers held back from borrowing, a report from the National Credit Regulator, published today, shows.
THE Reserve Bank yesterday signalled that interest rates are likely to remain on hold in the near term, despite a slight increase in inflation forecasts for the next two years.
CARD use in the South African economy is an indicator of economic status and the National Credit Regulator's latest report shows it clearly. Poorer people use store cards and as they become wealthier switch to credit cards.
THE Cape Town Regional Chamber of Commerce and Industry has bemoaned the lack of progress in Eskom's demand-side management programme , which has focused on encouraging electricity consumers to use less electricity.
The Cabinet has finally approved the introduction of no-fault-based road accident insurance, which will cut lawyers out of the system of compensation and cost the legal profession billions of rands in lost income.
RETAIL sales fell more sharply than expected in September, showing that consumers are still under heavy pressure and damping hope that a recovery in SA's economy was under way.
THE majority of SA's private equity market (70%) has achieved black empowerment and black ownership in a short time.
POWER utility Eskom yesterday announced three senior appointments to fill key vacancies in finance, primary energy and human resources.
WITH the benefit of hindsight, the introduction of independent power producers (IPPs) in SA should not have hinged so much on Eskom.
POWER cables and telecommunications equipment manufacturer Reunert yesterday posted a 28% drop in operating profit to R1,1bn for the year ended September, blaming it on the global financial turbulence.
A STUDY by Deloitte has found 9% of radio advertising booked was not broadcast as scheduled, amounting to a R270m erosion of annual advertising spending.
POLYMER Pavements, a recently formed company with the licence to a US range of plastics-based products, plans to create jobs and tackle SA's pothole-riddled provincial roads at the same time .
ABSA CEO Maria Ramos this week warned companies that have survived the recession to avoid taking unnecessary risks, saying the downturn had provided bitter lessons to those with weak survival strategies.
Active Discussions: Southern Africa Business