Executives succumb to microwaving transformation
by Phakamisa Ndzamela – IF WE are serious about real transformation, perhaps in the future SA might need to mull whether regulating the big cheques that some companies offer to try to attract sought-after black talent is an appropriate course of action. A number of talented black executives are in the money in SA at […]
Competition Commission to lift the veil on panel beater raids
by Amanda Visser – THE Competition Commission is on Monday expected to shed light on the raids it conducted on Friday at the offices of two vehicle body repairers and a vehicle assessment centre. The commission said the raids came after its suspicions that information relevant to its investigation into collusion in the market for […]
Kenya on a knife edge as ‘Saba Saba Day’ dawns
by Nanjira Sambuli – ON MARCH 19, former Kenyan prime minister Raila Odinga posted two unusual statements on his Facebook page: “A storm is coming”, and then, a little while later, “I will give more details very soon”. These posts from a page of which the previous updates had been pictures of and the latest […]
POLITICAL WEEK AHEAD: Labour minister to meet union, employers
by Bekezela Phakathi – ALL eyes this week will be on the engineering and metal workers’ strike that is likely to place more pressure on South Africa’s struggling economy. On Friday, the National Union of Metalworkers of South Africa (Numsa), the largest union representing workers across several sectors, rejected an increased wage offer. The strike […]
Lessons from Rwanda’s female-run institutions
Friday 4 July: Independence Day. There will be speeches, celebrations and fireworks. But these celebrations will be taking place on the other side of the world from the US, because on Friday, the central African country of Rwanda will mark its own Liberation Day. It is 20 years since the end of the genocide that saw […]
Wage subsidy not only answer to unemployment: Manamela
By Sapa – The youth wage subsidy is not the only remedy for youth unemployment, Deputy Minister of Performance and Monitoring in the Presidency Buti Manamela said on Monday. “The Employment Incentive Bill is not the panacea to resolving youth unemployment,” Manamela said at The New Age’s breakfast briefing in Johannesburg. The bill, also known […]
We’re not forming a union, we’re working with Amcu: Malema
By SAPA – “We are not forming a trade union,” he told reporters in Johannesburg. “We are working with Amcu [Association of Mineworkers and Construction Union]. We are encouraging our members to join Amcu.” Malema said the focus was on building and strengthening the EFF, as the party was set to mark one year of […]
Economic week ahead: SA trade, Africa’s inflation
By Matt Quigley America’s latest jobs figures, China’s official manufacturing barometer and a meeting of the European Central Bank are the big items on this week’s economic calendar. Closer to home, economists and investors will be on the lookout for updates of South Africa’s trade position and inflation snapshots from across the continent. Here is […]
Yay for SA’s child health policies, nay for outcomes
By Gugulethu Ndebele – You can tell a lot about a country from the way it treats its women and young children. If a country really believes in equality then it will invest in their health, safety, education and empowerment. And if governments are serious about building long term prosperity and stability they will do […]
Joblessness remains high but confidence is low, says Reserve Bank
By Rene Vollgraaff – JOBLESSNESS in South Africa will remain high as growth and confidence in the economy remains weak, the Reserve Bank said on Wednesday. “With household consumption expenditure and investment growth expected to slow amid weak business confidence, the bank has lowered its growth forecast for 2014 to 2.1%,” the central bank said […]
