Latest Business News and Opportunities in South Africa and Beyond
Looking for the freshest updates in business? You've come to the right place. Our Business category is packed with useful news about job opportunities, leadership changes, and important corporate moves that could impact your career or investments. Whether you’re tracking job openings or keeping an eye on major companies, we break it down simply and clearly.
Job Vacancies to Watch
Did you know there are over 270 public service jobs open right now? The Public Service Commission (PSC) and National Social Security Fund (NSSF) have teamed up to offer a variety of positions across different government offices. If you’ve been searching for a stable career with solid benefits, checking out these openings on the PSC’s official site is a smart move.
At the same time, the Nigerian National Petroleum Corporation (NNPC) is launching a recruitment drive to grow its team. If energy or oil sectors interest you, keep an eye on this opportunity as NNPC plans to add staff and improve its operations. These moves show companies are more serious than ever about boosting their workforce and performance.
Banking and Corporate Updates You Can’t Miss
Changes in leadership can shake the business world, and this year ABSA's CEO, Arrie Rautenbach, is stepping down by October. This shift might influence banking strategies and trends, so investors and customers should watch for announcements about his successor. Plus, if banks are relevant to your daily life, you might wonder about their holiday hours; for instance, many banks in the US close on July 4th, impacting transactions and services.
On a wider scale, big companies are under scrutiny too. For example, Coca-Cola Nigeria and Nigerian Bottling Company recently faced accusations for misleading marketing. Consumer protection agencies are keeping an eye on how big brands represent their products, which could affect how companies operate and communicate with customers.
Finally, the First Abu Dhabi Bank is making headlines after being named the best financial institution in the Middle East for 2023, showing that solid performance and leadership matter in the competitive banking world.
Stay tuned here for ongoing business news that impacts jobs, banking, and major corporations. We cut through the noise to keep you informed without the jargon.
Atlanta Amazon Drivers Join Teamsters Union in Push for Better Pay and Conditions
In a significant labor movement, Amazon drivers at the DGT8 facility in Atlanta have joined forces with the Teamsters union. They demand recognition and improved work conditions, highlighting struggles like insufficient pay and lack of benefits. This move is part of a wider organizing effort at Amazon locations across the United States.
PSC and NSSF Announce Over 270 Job Vacancies: How You Can Apply
The Public Service Commission (PSC) and the National Social Security Fund (NSSF) have opened more than 270 job positions across various ministries and state agencies. These roles are available for qualified candidates who meet the required criteria. Detailed instructions for application are available on the PSC's official website.
ABSA CEO Arrie Rautenbach to Begin Garden Leave in October Amid Leadership Transition
ABSA Group's CEO, Arrie Rautenbach, is set to start his garden leave in October as part of his transition out of the role. Having guided the company since 2021 through various challenges, his departure marks a significant shift. The bank is expected to announce the details of his successor soon to ensure a smooth leadership handover.
FCCPC Accuses Coca-Cola and NBC of Misleading Marketing Practices
The Federal Competition and Consumer Protection Commission (FCCPC) has charged Coca-Cola Nigeria and Nigerian Bottling Company with misleading customers through deceptive labeling and marketing of their products. The investigation revealed violations of the FCCPA and stressed that the companies consistently misrepresented product formulations.
NNPC Announces Recruitment Drive to Bolster Workforce
The Nigerian National Petroleum Corporation (NNPC) is set to recruit new staff members as part of its efforts to enhance its workforce and improve operational efficiency. The recruitment drive will open up various positions within the organization, highlighting NNPC’s commitment to strengthening its human resource base and optimizing performance.
Are Banks Open on July 4th? Everything You Need to Know for 2024
This article explores the operating hours of banks on July 4th, 2024. It discusses which financial institutions will close for the federal holiday, including major banks like Chase and Wells Fargo. Additionally, it covers the impact on online transactions and ATMs, and lists other federal bank holidays for 2024.
First Abu Dhabi Bank Named Best in Middle East for 2023 Financial Achievements
First Abu Dhabi Bank, under the leadership of Group CEO Hana Al Rostamani, reported an impressive net profit of $4.5 billion in 2023. This 56% increase from the previous year was complemented by a rise in revenues to $7.5 billion. The bank achieved a significant boost in returns and operating incomes across various sectors, marking it as the top financial institution in the Middle East for 2023.