The new Brazilian director-general designate of the World Trade Organisation (WTO), Roberto Azevêdo, was formally elected on Tuesday last week, promising to “restore the WTO to the role and pre-eminence it deserves and must have”.
Dewald van Rensburg
Overly optimistic expectations of the readiness of the department of trade and industry (DTI) to recapitalise the R5 billion National Empowerment Fund (NEF) has forced the agency to immediately stop all new funding before it becomes unable to honour the loans it has already approved.
A new National Film and Video Foundation (NFVF) report is pushing for more, and larger, government incentives to make local films and to fix the broken distribution system that makes the South African industry an uncertain commercial prospect.
The newly powerful Association of Mineworkers and Construction Union (Amcu) has thrown down the gauntlet, making demands of the platinum industry that would rapidly escalate the demise of the National Union of Mineworkers (NUM) in the sector.
Legal challenges are coming thick and fast in the liquid petroleum gas (LPG) sector, where competitors are allegedly resorting to dirty tricks, unlawful competition and the manipulation of regulators to defend their turf.
Turkcell, the mobile operator that has levelled corruption allegations against MTN, has “temporarily” dropped its $4.35 billion (R39 billion) damages case in the US.
The breakaway SA Postal Workers’ Union (Sapwu) which represents about a third of postal workers, is in disarray.
This is already a big year for strikes and the major wage talks scheduled for the mining, motor manufacturing and chemical industries haven’t even begun properly.
If you owned all three of South Africa’s major gold mining companies in June last year, you would’ve lost about R100 billion by now.
Clothing firms back in court as union makes urgent application to suspend new wage pact
Slap in the face for finance minister as youth wage subsidy doesn’t feature in new accord
Graduate unemployment is a vanishingly small problem in South Africa, at least if you don’t call the thousands of people moving through the Further Education and Training, and private college system, “graduates”.
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- Cpt: 15 - 23°C
- Pta: 10 - 21°C
- Jhb: 8 - 17°C
- Bloem: 6 - 21°C
- Dbn: 16 - 26°C
- PE: 13 - 22°C