Over 90 per cent of African CEOs are confident Africa’s continental free trade pact, AfCFTA, will have a positive impact on their businesses, a new survey by the Pan-African Private Sector Trade and Investment Committee (PAFTRAC) has found. The result of the survey of African CEOs from 46 countries, released …
Read More »Changes to Employment Equity Act will cut legislative red tape for small businesses
The proposed changes to the Employment Equity Act hold a myriad of changes, both good and bad, for small businesses. The National Council of Provinces passed the Employment Equity Amendment Bill on Tuesday, 17 May, and it is now in its final stage of promulgation waiting for the president’s signature. …
Read More »Small businesses struggle to cope as petrol prices continue to rise
Entrepreneurs and small business owners are thinking of laying off staff or closing their businesses as petrol prices continue to rise. Financial and Fiscal Commission (FFC) chair Dr Nombeko Mbava said smaller businesses were generally more vulnerable to periods of lower consumer spending. “To maintain their profit margins they will …
Read More »New work rules require a total overhaul for businesses in South Africa: experts
A new Code of Good Practice on the Prevention and Elimination of Harassment in the Workplace has become effective in South Africa, and will require a total overhaul of sexual harassment and harassment policies for business in the country, says legal firm, Webber Wentzel. Some of the biggest changes include …
Read More »Boost for tourism and mining businesses in Phalaborwa as water returns after a week-long dry spell – The Citizen
Finally, the thirsty residents of Phalaborwa will have adequate clean running water after a payment squabble received the attention of the Lepelle Northern Water a state-owned utility in Limpopo. The Mopani district municipality is tasked by the national department of water and sanitation to supply bulk water to five of …
Read More »How IPOB’s sit-at-home order is destroying businesses in Nigerian South-east
When the outlawed Indigenous People of Biafra (IPOB) first declared every Monday a sit-at-home holiday in the South-east of Nigeria in August last year, Emmanuel Ndu did not take it seriously. Mr Ndu, a businessman in Ogbete Main Market in Enugu State, thought residents of the area would ignore the …
Read More »China’s small businesses buckle under lockdowns, as expats exit | Coronavirus pandemic
Beijing, China – For Li Pei, keeping two businesses running during China’s lockdowns has been no easy task. At Li’s solar panel business in Shanghai, staff have been working remotely to achieve sales quotas since the city went into lockdown in late March. Meanwhile, Li’s kindergarten in Beijing’s Haidian district …
Read More »UK immigration routes for South African businesses
Whether you are starting a new business or expanding an existing business into Britain, there are a range of business immigration visas you can use, including the UK Start-up visa, the UK Innovator visa and the newly introduced Global Business Mobility visa route. Darren Faife, MD of Business Immigration at …
Read More »Why South African businesses are switching to Apple Macs
Apple Macs are the best computers for South African businesses and they’re easy to integrate into your organization. They offer fantastic performance and compatibility with all the applications your employees use for work, which is why many South African companies are making the switch to Apple Macs. We find out …
Read More »As crisis worsens, Sri Lankan businesses want Rajapaksa to go | Business and Economy News
Vish Govindasamy, the head of Sri Lanka’s oldest business lobby, recalls about a dozen frustrating meetings with the central bank, finance ministry and even President Gotabaya Rajapaksa last year, urging them to go to the International Monetary Fund as the nation careened toward its worst economic disaster. His calls to …
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