Articles > Newspapers > International Newspapers, Major Markets > The Star (South Africa) articles > July 2009

Article: Who's to blame for minister's wrong information?(Business Report)

Article from:
The Star (South Africa)
Article date:
July 10, 2009
Copyright

The irony of launching Construction Week on the same day as a strike in the construction industry was scheduled to commence should have made it easy to predict that questions after the media briefing by Bogopane-Zulu would focus on the strike rather than the week.

Bogopane-Zulu was outspoken in her support for the wage demands of the workers, labelling them reasonable and fair.

However, in an interview after the briefing she called for a minimum wage for the entire construction industry because it would avert strikes in the future.

Herein lies the contradiction. The strike in the construction industry only involves the civil engineering ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: Show us R250m now, bankers tell Seardel.(Business Report)
The Star (South Africa);  August 13, 2008 ;     700+ words ... ... BYLINE: Ingi Salgado Cape Town Bankers to Seardel appear to have issued a serious indictment ... new terms were outlined in a circular to Seardel shareholders last month after the JSE ... HCI) assuming control of the company. Seardel majority shareholder Aaron Searll, the ...

Article: Toughest period in 40 years- Seardel; Manufacturer suffers ...
Cape Argus (South Africa);  September 30, 2008 ;     662 words ... ... Business Writer Clothing manufacturer Seardel experienced its toughest time in 40 years ... For the financial year to end-June, Seardel suffered losses of R178.8 million compared ... by 2% to R3.9 billion. JSE-listed Seardel attributed the losses to: l The general ...

Article: Seardel hopes to beat slide in profit with Fifa clothing ...
The Star (South Africa);  September 27, 2007 ;     700+ words ... ... signed an agreement with local manufacturer Seardel to produce World Cup branded clothing ... soccer tournament. The deal could give Seardel a much-needed fillip after the country ... earnings a share fell 69 percent to 22.7c. Seardel, which will produce World Cup items such ...

Article: Seardel confident of raising R250m.(News)
Cape Argus (South Africa);  August 14, 2008 ;     699 words ...By GERSHWIN WANNEBURG Business Writer Seardel, the country's biggest clothing manufacturer ... give them the option to buy 6.66 new Seardel shares at 50c a share for every share ... banks have reportedly given JSE-listed Seardel an ultimatum to raise R250m in the rights ...

Article: HCI makes progress in long Seardel slog; zz Loss-making ...
The Star (South Africa);  October 29, 2009 ;     700+ words ... ... struggling clothing and textile subsidiary Seardel, but significant progress has already ... loss-making arm. Last year HCI bailed Seardel out with a R306 million rights issue along ... Sactwu), which acted in the interest of Seardel employees. However, the recapitalisation ...

Article: Seardel blames lower revenues on cheap Chinese ...
The Star (South Africa);  October 6, 2006 ;     700+ words ...BYLINE: MARGIE INGGS Durban - Seardel, whose revenue declined from R4 billion ... sectors over four years. Searll said Seardel had employed 15 170 staff during the current ... favourable than the R6.20 of a year ago. Seardel's strategy to counter the problem of ...

Article: Seardel could make another try for bailouts; Frame rescue ...
Cape Argus (South Africa);  June 12, 2009 ;     700+ words ... ... WANNEBURG CLOTHING and textile manufacturer Seardel may seek government help again as it tries ... the business. He spoke in the light of Seardel's recent talks with the government to ... its struggling Frame Textiles division. Seardel was in the process of closing down Frame ...

Article: Seardel looks ripe for asset stripping.(Business Report)
The Star (South Africa);  March 10, 2008 ;     700+ words ... ... Copelyn, a non-executive director of Seardel, has dismissed renewed speculation that ... Textile Workers' Union (Sactwu) on the Seardel board, said that the union, which holds 25.6 percent of Seardel's low-voting N shares, was a long ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives