SA’s NUM seeks 37pc pay hike

JOHANNESBURG. —South Africa’s National Union of Mineworkers (NUM) has submitted wage hike demands in the gold sector of up to 37 percent over a two year period, according to a document submitted to the Chamber of Mines seen by Reuters. The demands far exceed the current inflation rate of 3,8 …

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Soil conditioning: A step by step guide

Soil pH is an excellent chemical indicator of soil condition (quality and its ability to avail both macro and micro nutrients to the crop) on top of other soil structural quality properties. The soil pH also affects microbial activities in the soil which can impact crop growth and yield. Why …

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Busy day for Zim exhibitors at Indaba

Isdore Guvamombe in Durban, South Africa Zimbabwe, which has a record 51 companies exhibiting at the African Travel Indaba in Durban South Africa, has become an unprecedented hive of activity as tourist wholesalers, buyers, investors and tour operators from across the spectrum, flock to seek investment, travel and tourism opportunities …

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How to manage performance

The establishment of an effective performance management system requires time and resources and therefore the support of the board, executive and other senior management. When developing a new performance management system process, an organisation can set up a committee made up of employees, managers and board members to increase buy-in, …

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Change of vehicle ownership simplified

What is special excise duty? Special Excise Duty is charged in terms of Section 172 of the Customs and Excise Act (Chapter 23:02). It is a tax levied on sale, transfer or disposal of second hand vehicles on change of ownership. Definition of a second hand motor vehicle A second-hand …

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ZMDC calls Chinese firm to order

The Zimbabwe Mining Development  Corporation (ZMDC) is prepared to cancel the joint venture agreement it has with Chinese firm, Beijing Pingchang for the resuscitation of Kamativi tin mine, following delays in consummating the deal. ZMDC and Beijing Pingchang, a former subsidiary of China Railways, signed the deal in 2015 which …

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Changes in insurance regulations give false sense of protection

In March 2018 the Insurance and Pension Commission (IPEC) announced changes in insurance service provision as provided for by Statutory Instrument 95 of 2017 and intended operational changes aimed at introducing an Insurance Policyholder Protection Fund and an office of the Ombudsman to handle policyholder complaints. IPEC public relations manager …

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ZCDC tenders for voluntary audit

Ishemunyoro Chingwere Business Reporter STATE Diamond mining entity, Zimbabwe Consolidated Diamond Company (Pvt) Ltd, has tendered for an independent investigation into allegations of human rights abuses at its Chiadzwa diamond mines in light of a new anti-Zimbabwe diamonds lobby. The lobby is being spearheaded by a local non-governmental organisation, the …

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Ecocash boss in Young Global Leaders nomination

EcoCash general manager Natalie Payida Jabangwe, has been nominated among the 2018 World Economic Forum’s 100 Young Global Leaders (YGL), a platform where “the world’s brightest  under 40 and most promising” future leaders are groomed. The YGL, which is strictly for people born after January 1, 1980, aims “to create …

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