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The challenging business environment in Nigeria exacerbated by the recent turmoil in banking industry is likely to force many companies across various sectors to downsize their workforce in order to remain competitive. |
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Still exploring all avenues in a bid to reduce their debt profile and escape sanctions from regulatory authorities, banks have turned the heat on the federal lawmakers who benefited from margin loans to repay their loans. |
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The crimes that South Africans fear the most - attacks at their homes, places of work and in their cars - have substantially increased, national crime figures released by Police Minister, Nathi Mthethwa, revealed last month. |
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The economy has lost almost 200000 formal sector jobs as a result of the recession which held sway over the past year. So far, the state has proven to be the only source of employment growth as jobs have been shed by private firms in almost all sectors. |
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Movement of goods to landlocked East African countries is set to improve if plans to upgrade Tanzania’s ports succeed. The Tanzania Ports Authority (TPA) will renovate and expand five ports on the Indian Ocean coast and inland waterways as well as inland customs depots this financial year. |
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