UPDATE 2-South African state firms seek coronavirus crisis bailouts: * South Africa hit hard by COVID-19 pandemic * Bailouts to state companies a perennial problem * Post office, broadcaster, airports firm seek support * Moody's flags emerging market bailout ... Source: "South Africa" - BingNews CW DAWSON: We have an opportunity to heal before us. Will we take it?: … [Read more...] about SA News: UPDATE 2-South African state firms seek coronavirus crisis bailouts
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UPDATE 2-South African Airways to cut routes in rescue effort – Port Elizabeth Business News |MyPE
UPDATE 2-South African Airways to cut routes in rescue effort – Port Elizabeth Business News: UPDATE 2-South African Airways to cut routes in rescue effort: SAA business rescue practitioners Les Matuson and Siviwe Dongwana said that from Feb. 29 the airline would end international routes to Abidjan via Accra, Entebbe, Guangzhou, Hong Kong, Luanda, Munich, … Source: … [Read more...] about UPDATE 2-South African Airways to cut routes in rescue effort – Port Elizabeth Business News |MyPE
UPDATE 2-South Africa’s AMCU union reaches tentative wage deals with platinum trio
UPDATE 2-South Africa’s AMCU union reaches tentative wage deals with platinum trio: JOHANNESBURG, Oct 21 South Africa's AMCU union has reached wage deals in principle with platinum producers Anglo American Platinum, Impala Platinum and Lonmin, subject to final approval from its members, the union's president said on Friday. This means a strike has almost certainly been … [Read more...] about UPDATE 2-South Africa’s AMCU union reaches tentative wage deals with platinum trio
UPDATE 2-South Africa’s MTN names Vodafone Europe head as new CEO
UPDATE 2-South Africa’s MTN names Vodafone Europe head as new CEO: JOHANNESBURG, June 20 South African mobile phone operator MTN Group named the head of Vodafone Europe as its new CEO on Monday, bringing in an outsider with a risk management background less than two weeks after it agreed to a $ 1.7 billion fine to settle a dispute in Nigeria. Rob Shuter, a South African … [Read more...] about UPDATE 2-South Africa’s MTN names Vodafone Europe head as new CEO
UPDATE 2-South Africa strives to save jobs at under-fire mines
South Africa’s mining ministry held talks with companies and unions over planned job cuts on Wednesday, as President Jacob Zuma’s government frets over high unemployment ahead of key elections next year. The mining industry, which contributes around 7 percent to Africa’s most developed economy, is struggling with sinking commodity prices, rising costs and … [Read more...] about UPDATE 2-South Africa strives to save jobs at under-fire mines