The SA National Taxi Council (Santaco), a body representing over 100 000 taxi owners, committed itself on Tuesday to a minimum wage and basic conditions of employment in the industry, the Department of Labour said.
News that the South African gold mining industry may this weekend face its first large-scale strike since 1987 should not impact on the rand according to foreign currency traders, as gold now makes up far less of South Africa’s foreign exchange earnings than in 1987.
South African banking group Nedcor said on Wednesday that the merger with BOE, which made it the country’s biggest banking group, was progressing well and that merger synergies were being realised earlier than expected.
Sello Rasethaba’s empowerment company, Matodzi Resources, has offered to take over Durban Roodepoort Deep’s ailing gold mines, Hartebeesfontein and Buffelsfontein, in the North West province.
Magnifique, a company headed by Nelson Mandela’s lawyer Ismail Ayob, does not have to pay back R13-million paid to it for rights and advance royalties to drawings by the former president, Ayob said on Tuesday.
The population of HIV/Aids-ravaged southern Africa is expected to decline by 22% by 2050, according to a recent study.
A South African criminal mastermind has been executed for murder in Botswana, sparking fresh controversy over the death penalty in the southern African country, Botswanan media reported on Tuesday.
They are only 13 inches tall and look, as Bette Davis once put it, like her ex-husband’s backside, but those who will never win one would pay hundreds of thousands of dollars to own one. However, Oscar is not for sale.
Shelling again rocked the devastated Liberian capital Monrovia on Wednesday with rebels fighting for control of a strategic bridge linking the key port area to the northeastern suburbs.
Saddam Hussein’s sons, two of the most feared figures in his regime, were killed yesterday in a three-hour gun battle after US special forces raided a house in the northern Iraqi town of Mosul where they were hiding.