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Feb 13 2012 12:15
Miner Xstrata says it has brought forward maintenance on two furnaces to assist Eskom to save power.
Feb 13 2012 10:43
Although jobs were created, the economy is still 420 000 jobs short of the peak employment level before the 2009 global financial crisis, says Adcorp.
Feb 13 2012 07:58
Greek lawmakers have approved a new round of drastic austerity measures after a long day of street battles between police and protesters left dozens injured.
Johannesburg - Insurers anticipate a significant increase in disability claims as companies try to cut costs to survive the impact of recession, Alexander Forbes Life said on Thursday.
"This is because to maintain margins, or simply to survive, employers that carry disability insurance are often forced to reduce expenses by restructuring or reducing their workforce," director Selwyn Kahlberg said in a statement.
"Benevolent-minded employers may well have employees who are impaired or partially disabled, but are performing at an acceptable level. When difficult times comes, employers are forced to make difficult decisions and disabled employees are often first to be considered in a downsizing exercise."
- Sapa