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Fri,24Nov2017

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Private sector activity in South Africa was subdued in July: PMI

Cranes are seen at a construction site in Sandton outside Johannesburg, South Africa. Photo©Siphiwe Sibeko/ReutersActivity in South Africa's private sector improved slightly last month but overall business conditions remained subdued despite an uptick in employment and inventories, a survey showed on Tuesday.

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Employment: Take these broken wings and learn to fly

Photo©MONIRUl BHUIYAN/AFPDon't say it too loud: government can run some businesses well, as long as it is done at arm's length. Ethiopian Airlines posted $148m in profit last year, eclipsing the combined $100m that all other public and private African carriers reported.

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South Africa's Job bloodbath will continue- Cosatu

File photo©Denis Farrell/AP/SIPAMore people lost their jobs in South Africa the first quarter of the year, latest figures have revealed and this is likely to put pressure on the ruling ANC ahead of August's local elections.

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Nigeria recruiting half a million teachers

Nigeria has started recruiting 500 000 teachers as part of an ambitious programme to curb unemployment in one of Africa's biggest economies.

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DRC mining sector sheds 3,000 direct jobs since 2015

Photo©Themba Hadebe/AP/SIPADemocratic Republic of Congo's mining sector has lost at least 3,000 direct and 10,000 subcontractor jobs since commodity prices began to tumble last year, the chamber of mines said on Tuesday.

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South Africa's Telkom agrees performance-based pay deal with unions

South African fixed line telecoms network operator Telkom has reached a performance-based pay deal with two of it three largest labour unions while agreeing not to cut jobs for two years, the company said on Tuesday.

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Nigerian unions demand 300% wage increase

Nigeria's labour unions are demanding a staggering 300 percent wage increase for their members citing the depreciating value of the naira against major currencies.

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Egypt's Sisi versus the civil service

A health worker protests police brutality towards two doctors in a mobilisation on 12 February. Photo©Mohamed el-Raai/Anadolu Agency/AFPPresident Abdel Fattah al-Sisi has faced his first challenge since the new parliament convened, and it comes from his traditional support base.

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Over 58 000 South African jobs at risk across sectors

Photo©Denis Farrell/AP/SIPASouth Africa's Solidarity union said on Tuesday that 58,549 workers could lose their jobs this year, with more than 29,000 jobs on the line in the mining sector and 8,000 in the metal and engineering industry.

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Zimbabwe seeks to link wages to productivity

Photo©ReutersZimbabwe is in the process of creating a body that will link wages to productivity in all sectors of the economy in an effort to rationalise the country's labour costs and attract foreign investment, the government has revealed.

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Mining: South Africa's Amplats to cut 1,000 jobs at Twickenham mine

File Photo©ReutersSouth Africa's Anglo American Platinum will cut 1,000 jobs at its struggling Twickenham mine, the firm's chief executive said on Monday, but ruled out a sale of the mine.

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Cote d'Ivoire: Petroci workers launch 72-hour strike

Vridi, Abidjan's industrial zone. Photo©Vincent FournierEmployees at Ivory Coast's state oil company Petroci began a 72-hour strike on Tuesday to protest a wave of recent layoffs as union leaders threatened to broaden the walkout to other firms if the workers' demands were not met.

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EU announces budgetary package to boost Ghana's employment policies

Photo©ReutersThe European Union (EU) has announced €31.6 million in aid to bolster Ghana's employment and social protection programmes, barely a year the European bloc supported the West African country with €190 million to improve service delivery.

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South Sudan: SABMiller to close unit, over 230 employees to be affected

File photo©ReutersSABMiller will close its brewery in South Sudan in March due to difficulties in obtaining foreign exchange to buy raw materials, the company said on Friday.

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Interview: We had to change our approach - Maria Ramos

Photos© Lettie FerreiraMaria Ramos talks to The Africa Report about the reconfiguration of the South African market since the crisis of 2008/2009 and the bank's new plans for Nigeria

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Mo Ibrahim: There is another way of doing business

Photos© Vincent Fournier/JAThe results of this year's Ibrahim Index show the pace of progress is slowing, especially on security and economic opportunities. Holding private businesses and institutions accountable is the only way to improve governance, Mo Ibrahim says

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Algeria Country Profile 2015: The endgame beckons

altPresident Abdelaziz Bouteflika won a landslide re-election in April 2014, but his continued health problems after a 2013 stroke have brought talk about the succession to the fore.

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Liberia: ArcelorMittal to cut up to 450 jobs and slash exports

File photo©ReutersArcelorMittal plans to cut up to 450 jobs in Liberia and lower iron ore exports from the West African nation as it battles to reduce costs, the world's largest producer of steel said.

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Zimbabwe govt to start taxing farm beneficiaries

Zimbabwe is set to start taxing beneficiaries of its land reform programme, as the government tries to expand its revenue base, which has been shrunk by low employment levels and struggling businesses.

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Is an African Silicon Valley a pipe dream today?

Kenya is building a multi-billion-dollar techno city to provide jobs for 200,000 people. Can the world's youngest continent overtake the Californian cluster that began when our democracies were still in diapers?
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