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COVID-19: Cheers to the private sector
Nkosi Mfumu, a Zambia-based legal and foreign policy expert, gives the private sector a thumbs in the COVID-19 fight and why the African private sector in action should be a model going forward.
Edcon serves retrenchment notices to 22,000 staff
South Africa’s retail group Edcon has sent retrenchment notices to all employees after it failed to field concrete offers from potential buyers. The group said that it has sent Section 189 retrenchment notices to 22,000 workers, meaning that jobs of everyone employed by the retailer are on the line. Edcon, which owns retailers Edgars, CNA
South Africa won’t join collective talks to suspend African debt
Trevor Manuel says the bulk of the debt locally is actually held by South African pension funds
Amazon cements South African operations with 3,000 additional jobs
Retail giant creates 3,000 new virtual customer service jobs in South Africa
Old Mutual urges MTN to clear Afghan militant aid allegations
MTN says it is reviewing the new material in consultation with its legal advisers
UCT is still SA’s top university says latest global ranking
Wits remains second and UJ continues to climb the rankings but, globally, South Africa is on a downward trend
SA's franchise industry begins long road to recovery
Franchise operators continue their battle to survive the COVID-19 lockdown as trade starts under Level 3 for some franchise sectors
COVID-19: WHO is a failure?
Nkosi Mfumu, a Zambia-based legal and foreign policy expert, explains why the World Health Organisation is to blame for its handling of the coronavirus outbreak.
Working for Emirates Airlines could mean arrest, imprisonment and Interpol warrants
Emirates Airlines cuts leave and staff vulnerable to arrest
MultiChoice reports first full-year profit
MultiChoice says it had benefited from favourable foreign exchange movements, cut costs and improved the performance of its businesses elsewhere in Africa
Paul Baloyi quits Old Mutual board
Baloyi's resignation follows that of another board member in September, Nombulelo Pinky Moholi, who quit in the midst of a protracted legal battle between the company and its former CEO Peter Moyo
Ghana’s telecoms regulator moves to curtail MTN’s market share
Regulator says move is about mobile money and not the voice business
Air passengers should wait until Q4 for intercontinental flights, says IATA chief
European and American airlines are now planning to increase capacity more than expected
Mastercard partners with Netcash on QR code billing service
The QR payment system will meet the demand of today’s connected consumers who are increasingly seeking easy and contactless ways to pay their bills during social distancing
Edcon says it has buyers interested in its assets
The embattled retail group says it has had various offers for its divisions, and its survival depends on these sales
IMF rejects COVID-19 relief package for Zambia
Fund cites Zambia’s higher public debt which is on an unsustainable path as reasons for rejecting the country's request
Barrick supports higher education sector in Zambia
Mining firm donates 10 computers to the University of Zambia School of Mines
Concern over possible airline prices increase in South Africa
The commission told Parliament’s portfolio committee on trade and industry that it was monitoring challenges and prioritising merger regulations
Robots boost Rwanda's fight against COVID-19
Five anti-epidemic robots – named Akazuba, Ikirezi, Mwiza, Ngabo, and Urumuri – will be mainly used to administer temperature checks, monitor patient status, and keep medical records of COVID-19 patients
WHO launches investigation of its handling of pandemic
The move comes after weeks of finger-pointing between the US and China over the pandemic