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
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UPDATE 2-AB Foods to buy rest of South Africa’s Illovo Sugar
JOHANNESBURG, April 8 Associated British Foods , the biggest shareholder in Illovo Sugar, has reached an agreement to buy the rest of the South African sugar producer for 5.6 billion rand after raising an earlier offer. ABF, which holds a 51.35 percent stake in Illovo, has made an offer of 25 rand per share for the stake it does not own, Africa’s biggest sugar producer … [Read more...] about UPDATE 2-AB Foods to buy rest of South Africa’s Illovo Sugar
Update on Numsa march in Joburg
A MyJHB.co.za selected Mary Fitzgerald Square video for you: Hundreds of people have gathered at the Mary Fitzgerald Square in Johannesburg and Cape Town for an anti corruption march led by trade union NUMSA. For the latest on the Numsa March we go to SABC Economics reporter Mbongeni Muthwa. For more News visit: http://www.sabc.co.za/news Follow us on Twitter: … [Read more...] about Update on Numsa march in Joburg
Union to give update on 2014 matric cheating
The National Teachers’ Union is on Tuesday expected to brief media on the upcoming matric exams and developments following the 2014 matric cheating last year. Basic Education Minister Angie Motshekga announced in January that 28 exam centres in KwaZulu-Natal and 16 in the Eastern Cape would be investigated after evidence of group copying was found. […] The post Union to … [Read more...] about Union to give update on 2014 matric cheating
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