British bank Barclays Plc plans to move its Africa headquarters back to Johannesburg, Reuters news agency reported citing a bank official. At present, the bank is running the Africa operations with a staff of 123 out of its Dubai office. The operations will be conducted out of Johannesburg as of the beginning of 2012, Sami Lahoud, head of corporate affairs at Barclay's Africa, was quoted as saying. |
South African company Exxaro Resources said one of the options it currently considers is dismissing striking coal mine workers who fail to return to work in the week of March 25, fin24 reported ... more
South Africas telecommunication operator Telkom said that it has not made a decision on retrenching 13,000 employees, or more than half of its staff, TechCentral reported quoting a company ... more
Oryx Energies, a major independent provider of oil and gas products and services in Africa, has agreed to buy the South African liquefied petroleum gas (LPG) distribution businesses of BP and ... more