JOHANNESBURG, Nov 17 – South Africa’s mines minister said on Thursday that her department would be increasing health and safety audits of mines in the face of a “culture of non-compliance” and slammed the industry again for putting profits ahead of safety.
Category: business
S.Africa shakes up producer price indices
JOHANNESBURG, Nov 17 – Statistics South Africa unveiled major changes to its producer price index on Thursday that will reduce the weighting of mining output and make it a more relevant lead indicator of consumer inflation.
S.Africa monetary policy to focus on inflation: Marcus
JOHANNESBURG, Nov 15 – South Africa’s monetary policy will maintain its focus on hitting a 3-6 percent inflation target over the medium term but will remain sensitive to the domestic economic situation, Reserve Bank Governor, Gill Marcus, said on Tuesday.
Zambia may scrap Zamtel's sale to Libyan firm
LUSAKA, Nov 17 – Zambia’s cabinet may reverse the sale of its fixed-line phone operator Zamtel to Libya’s LAP Green Networks after a commission of inquiry found that it was illegally sold, President Michael Sata said on Thursday.
African business agenda: 21-25 November 2011
WHAT TO WATCH NEXT WEEK in Africa’s business.
African business agenda: 31 Oct – 2 Nov
WHAT TO WATCH NEXT WEEK
African business agenda 24-27 October
WHAT TO WATCH NEXT WEEK Monday October 24
African business agenda: 10-15 October
WHAT TO WATCH NEXT WEEK Monday October 10 • Vote counting in Cameroon election. Incumbent President Paul Biya is widely tipped to win reelection in the Oct. 9 poll. The opposition are likely to cry foul, and results are not expected for several days. Tuesday October 11 • Liberian elections. Incumbent Ellen Johnson-Sirleaf is the favourite but by […]
Are economic clusters still relevant?
Around the world, and specifically in emerging markets, Economic clusters (EC) are being used to jump-start industries and accelerate economic development. They are called Free zones, Economic cities or Industrial zones and are developed to accelerate a nation’s economic development, yet too often they fail to fulfill their expected goals, such as qualified job creation, […]
ENI says pipeline sabotaged in Nigeria
YENAGOA, Nigeria (AFP) – A pipeline in Nigeria belonging to Italian firm ENI has been sabotaged and is now undergoing repairs, the company said on Tuesday, with such incidents frequent in the country’s oil-producing region.