THE SMART NEWS SOURCE | Feb 10 2012 12:11 | LAST UPDATED Feb 10 2012 12:11 |
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Global slump may retard Africa's growthAs the economic clouds darken over Europe and the United States, there are concerns a double-dip recession in the West could cast a shadow over Africa The defence against recessionSaving is all about discipline and people spending less than they earn. Study finds family ties helped weather the recessionThree-quarters of South Africa's family-owned businesses believe family ties helped them through the recession, according to a PwC survey released. Love on the doleWhen times are tough and wages are frozen, relationships often bear the brunt. Three couples tell the M&G how they got through the recession. Spar FY profit up, mulls share buy backSouth African grocery chain Spar Group posted a 29% rise in full-year profit as lower interest rates and economic recovery slowly boost consumer demand. Britain's debt time bombThe UK's addiction to borrowing could spark a recession or dampen economic growth for decades to come, a study warns. IDC gives R1,4bn to struggling firmsThe Industrial Development Corporation said on Thursday it had approved R1,4-billion in loans to distressed companies during last year's recession. Reports of economic growth misleading, says unionThe employment figures released by Stats SA made a mockery of reports of economic growth, trade union Uasa said on Tuesday. CCMA under pressureRetrenchment disputes have increased, with less-skilled employees of labour brokers being the first to lose jobs, according to Tokiso's chief executive, Tanya Venter. Naspers mulls more retrenchmentsNaspers is offering some editorial staff in its print business severance packages, a media report said on Wednesday. |
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