South Africa’s Labour Minister Membathisi Mdladlana says according to the latest labour force survey there were 4 837 000 people unemployed in the country. This amounted to 30,5% of the potential workforce.
The United Nations High Commission for Refugees (UNHCR) stands accused of subjecting refugees within its African camps to illegal collective punishment by withdrawing food rations for weeks at a time.
South Africa’s information, communication and technology and electronics sector could get their own black economic empowerment charter before the end of this year if discussion proposals go according to plan.
Absa Real Estate Management has launched a Black Economic Empowerment transaction to the value of R375-million over five years that has resulted in the outsourcing of Absa’s residential valuations department.
Three South African trade unions, Solidarity, the National Union of Mineworkers and Black Allied Mining and Construction Workers’ Union, have referred a wage dispute with Kumba Resources to the Commission for Mediation, Conciliation and Arbitration.
Questions are being asked about attempts by the Durban Metro to conclude a massive office rental deal without putting it out to tender.
It’s been six months since my last Aids test. And yes, I have sinned. But I really wasn’t worried. Until I was having some blood taken…
This column has devoted much attention to the vexed issue of legal transformation. Various views have been expressed on the topic, but there would appear to be one theme that unites these opinions.
South African academic Professor Guy Berger has been nominated for the prestigious 2003 World Technology Awards, announced The World Technology Network (WTN) on Tuesday.
The Monetary Policy Committee of the South African Reserve Bank was split three ways at its latest June 10-12 meeting, with the final decision of a 1,5 percentage point reduction in the repurchase rate resulting from a compromise, according to SARB Governor Tito Mboweni.
Deflation, as opposed to inflation, exposes the world economy to great risk, says Christo Luüs, chief economist of banking group Absa. However, Luus believes that it is unlikely that deflation will occur in South Africa in the foreseeable future.
London and Nasdaq listed Randgold Resources, 45% held by South Africa’s Randgold and Exploration, has been added to FTSE’s UK Monitored List following the redenomination of its shares into sterling on the London Stock Exchange.
My friend De Vries described it as feeling churned up, confused. In the same breath he spoke of finding himself thrust into another kind of South African identity for the first time in his life.
When the people we elect to manage our nation’s affairs refuse to account to us they break the pact of the ballot box. So it has been with the oil scandal.
Hedging policies could see publishing and electronic media group Naspers (NPN) reporting a headline loss when it releases its results for the year ended March on Thursday.
South African banking group Absa and New York-based Ecoban Finance Limited LLC have established a working agreement to develop Absa’s Structured International Trade and Commodity Finance business in selected emerging market countries.
South African President Thabo Mbeki, as chair of the African Union (AU), is to hold discussions with President Joachim Chissano of Mozambique on Tuesday, the Department of Foreign Affairs said in a statement at the weekend.
It may still be playing second fiddle to rival Vodacom on the home front, but South African cellular telecommunications services provider MTN is making major inroads into Africa where it now boasts almost seven million subscribers, providing cellular, satellite and internet access to 14 countries on the vast continent.
The South African official opposition Democratic Alliance (DA) has claimed "a people’s victory" over the pending issue of police crime statistics.
According to Bill Naude, chairperson of the Plastics Federation, demand for plastic bags has fallen by up to 90% since the government introduced legislation making the use of heavier gauge carrier bags compulsory.
The New Partnership for Africa’s Development (Nepad) can be redeemed as a way of restoring Africa’s capacity to fashion its own path to economic prosperity. But it needs a new self-confidence based on a recognition of the illusions that now prevail.
Investors in South Africa’s mining sector could be forgiven for having had an eerie sense of deja vu this month when state-owned financier the Industrial Development Corporation (IDC) challenged Anglo American’s acquisition of a majority shareholding in iron ore mining group Kumba Resources.
Recent weeks have seen the SABC at its most brazenly hypocritical. It called a press conference in order to try to bamboozle as many as it could about its proposals to assign its news content decisions to the corporation’s top officers, effectively removing editorial independence from its newsrooms.
There are large elements of shadow boxing in the high-profile tiff between African National Congress MP Johnny de Lange and senior judges, and it is gross overreaction to suggest that the independence of the judiciary is under threat.
After another round of talks between the National Union of Mineworkers (Num) and coal and gold producers represented by the Chamber of Mines, the two parties are still at loggerheads over wage negotiations.
The Medicines Control Council has approved the first human clinical trials for a phase one HIV vaccine trial in South Africa, with the use of cutting edge technology, the government news agency BuaNews reported on Thursday.
The big South African banks have strengthened their hold on the market, but are likely to be transformed by the country’s proposed financial empowerment charter, says Moody’s Investors Service in a new Banking System Outlook on South Africa.
Children in the Democratic Republic of the Congo (DRC) have suffered systematic torture and cruelty during the country’s five year war, according to a new report by a consortium of non-governmental organisations (NGOs).
A commonly used veterinary medicine is believed to be responsible for the disappearance of Asia’s vultures.
South African banking group Standard Bank Group and Liberty Group announced on Wednesday that they have entered into heads of agreement with a consortium led by Safika, which includes Nduna and Simeka and which will include a broad based empowerment trust, in terms of which the consortium will acquire a 25,2%
interest in Stanlib.
Scalded by the lofty social promises made in the Reconstruction and Development Programme and later by the growth and jobs numbers pledged in the growth, employment and redistribution (Gear) strategy, the government has been skittish about figures it can be held to.
Japan said yesterday that it was rethinking its role in the world whaling body and may even consider pulling out after losing a key battle with anti-whaling nations.