insert_link Namibia NEF concerned over National Minimum Wage rollout Minister of Labour, Industrial Relations, and Employment Creation Utoni Nujoma The Namibia Employers’ Federation (NEF) has expressed its views following the Ministry of Labour, Industrial Relations, and Employment Creation's decision to decline a request to phase in and defer the National Minimum Wage beyond 1 January 2025. The Ministry maintained that employers had enough time to prepare and criticised the NEF's proposal as unilateral. However, the NEF has said […] today20 January, 2025
insert_link South Africa In S.A The GOOD Party Welcomes Inflation Drop, Highlights Need for Long-Term Economic Solutions In S.A, the GOOD Party welcomes the cooling of inflation, saying this brings some relief to all South Africans. Consumer inflation dropped to 2.8-percent in October, the lowest level since June 2020. This marks a significant decrease from the 3.8-percent in September, driven primarily by a sharp month-on-month decline in fuel prices. GOOD’s secretary-general, Brett Herron, says citizens urgently need an economy that will create long-term jobs, and […] today21 November, 2024
insert_link Business / Economics Workplace discrimination saps everyone’s motivation − even if it works in your favor Brent Simpson, University of South Carolina When people work for discriminatory managers, they put in less effort. That’s true both when managers are biased against them and when they’re biased in their favor, according to a new paper that Nicholas Heiserman of Oklahoma State University and I have published in the journal Nature Human Behaviour. To demonstrate this, we placed nearly 1,200 research participants in several experiments designed to mimic […] today7 August, 2024
insert_link Business / Economics Wall St plummets On Friday amid weak Jobs data On Friday, Wall Street is seeing an intense sell off following disappointing monthly US Jobs figures. The Dow has fallen around 900 points - around 2.2% down. Nick Harper reports from Washington. today5 August, 2024
insert_link Business / Economics Accidental managers: why people who are great at their job can fail when they get promoted Cary Cooper, University of Manchester There’s a saying that people don’t quit their job, they quit their boss. And poor management certainly has a lot to answer for in the UK workplace. A staggering 82% of new managers in the UK are what the Chartered Management Institute (CMI) calls “accidental managers”, according to a YouGov survey commissioned among 4,500 workers and managers in June, which has recently been published. Accidental […] today26 March, 2024
insert_link World US jobs data smashes expectations. The US added 353,000 jobs in January, a much better showing than expected, suggesting the labor market remains robust. The unemployment rate remained steady at 3.7 percent. Nick Harper reports from Washington. today5 February, 2024
insert_link Namibia Surging Demand for Uranium Expected to Continue as Nuclear Energy Gains Momentum This year has witnessed a surge in uranium's popularity, and with the escalating demand, concerns arise about potential shortages. Nuclear energy, distinguished from traditional sources like oil or coal by its minimal carbon dioxide emissions, is driving the increased need for uranium—the essential fuel for nuclear plants. Adding his perspective, Salomo Hei, Managing Director of High Economics Intelligence, shares insights into the evolving dynamics of the uranium market. today31 January, 2024
insert_link Environment Cape fishers worried about declining fish populations Mario Jacobs has been doing commercial fishing for decades. Photo: Ashraf Hendricks By Liezl Human via GroundUp Mario Jacobs is worried. He has had a commercial fishing license since 1998, and has an annual quota for catching sardines and anchovies. But sardine stocks have been in poor shape for years and 2023 was the worst year on record for anchovy stocks. Jacobs, who is from Hangberg in Hout Bay, says his […] today24 January, 2024
