Shoks Mzolo
latest news & developmentsTelkom blamed for insincere offer
Trade unions in a wage dispute with Telkom on Monday accused it of making a revised offer in bad faith, after it emerged that the company had decided to renege on its revised…
Sekunjalo snaps up top BEE award
Listed Cape Town-based Sekunjalo Investments on Wednesday received the <i>Financial Mail</i> Top Empowerment Companies Award, which is conducted in partnership with black…
Spend more on social services, urge unions
While calling for increased expenditure on social services such as health and education, which they argue would result in affordable or free quality service, trade unions believe…
Transnet strike postponed in Eastern Cape
Trade unions locked in a dispute with state-owned Transnet over restructuring have postponed their strike in the Eastern Cape until Friday to give the labour structures in the…
Transnet unions to march on Parliament
While negotiations are under way to resolve the impasse at state-held Transnet over its restructuring, three unions will on February 15 march on Parliament to submit a memorandum…
People’s Budget coalition unveils proposals
Extending the basic income grant (BIG) to all citizens and a halt on cutting personal and company taxes are some of the Budget 2006/07 proposals that a coalition of three civil…
Unions hand memorandum to Transnet
As the strike by Transnet employees in KwaZulu-Natal ended on Wednesday, four trade unions handed over a memorandum to Transnet management. In the memorandum, directed to…
Govt should ‘halve unemployment by 2014’
The negligible rise in the country’s employment rate is "a cause for great concern", Minister of Labour Membathisi Mdladlana said on Wednesday. Reacting to the labour-force…
Gold up slightly in volatile trade
Gold was higher in choppy and highly liquid trade on Wednesday afternoon amid a firmer euro. At 2.46pm, gold was quoted at $544,20 a troy ounce, up $1/oz from its previous close.…
New year may bring lower phone bills
While 2005 brought deregulation and the licensing of the second national operator, South African telecommunications users are set to experience tariff reductions as a result of…
MTN shares hit all-time high
Shares in MTN Group extended their winning streak to reach a fresh all-time high of R62,50 in early trade on Thursday on the news that the JSE-listed cellular operator is part of…
Icasa licenses second national operator
Following the licensing of the second national operator to compete with Telkom, South Africa is finally set for a duopoly of fixed line operators, possibly from 2006, it was…
Johncom announces R160m profit
Johnnic Communications (Johncom) announced on Thursday that its interim headline earnings per share increased 156% to 179 cents for the six-month period ended September 30. The…
MTN reports higher earnings, more subscribers
Listed cellphone company MTN Group on Wednesday reported a 30,8% rise in adjusted headline earnings per share to 222,5 cents for the six month period ended September 30, versus…
Community is the star on new Soweto TV
The free-to-air Soweto Community TV service is to launch on November 26 despite a shortage of funding required for licensing fees and administration costs among other expenses,…