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Microsoft to shut Africa development centre in Nigeria

Microsoft to shut Africa development centre in Nigeria

MICROSOFT (MSFT.O) is closing down its Africa Development Centre in the continent's most populous nation Nigeria, which will lead to job losses, a spokesperson said. The centre, based in the commercial capital Lagos was opened in 2022 as part of Microsoft's push to deliver high-end engineering and innovation solutions for the company. The company said it would, however, continue to operate in Nigeria, continuing to prioritize and invest in strategic growth areas. "Microsoft has decided to close the Africa Development Centre in Nigeria, and as a result, some of our employees based in Nigeria will be impacted," the Microsoft spokesperson said.…
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South Africa’s drinks industry seeks tax relief after new sales ban

South Africa’s drinks industry seeks tax relief after new sales ban

SOUTH  Africa's alcohol industry, reeling under a renewed liquor sales ban since end December, has called for a deferment of excise duty to stave off a wave of business closures and job losses. President Cyril Ramaphosa extended an existing countrywide ban on alcohol sales on Monday saying it has helped to reduce trauma cases in hospitals and keep staff and facilities available for COVID-19 patients. He did not give a definitive date on when the ban would be lifted. "The South African wine industry faces a grim picture of business closures, job losses, downward price pressure, structural damage to subsectors,"…
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COVID-19 hits migrants hard

COVID-19 hits migrants hard

ANASTASIA MOLONEY FROM Australia to Egypt, migrants and refugees have been especially hard hit by job losses and economic pain during the coronavirus pandemic, with many struggling to access healthcare and state aid, a survey showed on Tuesday. The survey, published in a report by the Red Cross Red Crescent (RCRC) Global Migration Lab, included 3,250 interviews with migrants in eight countries - Australia, Colombia, Egypt, Ethiopia, the Philippines, Sudan, Sweden and Britain. Migrant workers are over-represented in hard-hit sectors such as food production and hospitality, meaning they have been disproportionately affected by layoffs and wage losses linked to COVID-19, the…
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Hard hit by COVID-19, migrants seen facing ‘invisible wall’

Hard hit by COVID-19, migrants seen facing ‘invisible wall’

ANASTASIA MOLONEY FROM Australia to Egypt, migrants and refugees have been especially hard hit by job losses and economic pain during the coronavirus pandemic, with many struggling to access healthcare and state aid, a survey showed on Tuesday. The survey, published in a report by the Red Cross Red Crescent (RCRC) Global Migration Lab, included 3,250 interviews with migrants in eight countries - Australia, Colombia, Egypt, Ethiopia, the Philippines, Sudan, Sweden and Britain. Migrant workers are over-represented in hard-hit sectors such as food production and hospitality, meaning they have been disproportionately affected by layoffs and wage losses linked to COVID-19, the…
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Nearly 80% displaced people have lost job, income due to virus – survey

Nearly 80% displaced people have lost job, income due to virus – survey

SOME 77% of people displaced by conflicts have lost a job or revenue since the beginning of the coronavirus pandemic, a survey by the Norwegian Refugee Council (NRC) has revealed. A record 79.5 million people worldwide, or 1% of humanity, were displaced at the end of 2019 after fleeing wars or persecution, according to the United Nations. The NRC, a non-governmental organisation, polled 1,431 refugees and internally displaced people across 14 countries including Afghanistan, Colombia, Iraq, Kenya Libya, Mali, Uganda and Venezuela. Some 70% of those surveyed said they had to cut the number of meals for their households and…
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South Africa’s COSATU leads union protests over coronavirus impact

South Africa’s COSATU leads union protests over coronavirus impact

ALEXANDER WINNING SOUTH Africa's biggest trade union group, COSATU, has led nationwide protests against job losses, wage curbs and corruption cases, in an outpouring of anger at how workers have been treated during the coronavirus crisis. The union federation organised motorcades, pickets and marches in the country's nine provinces, although it was not clear how many of its more than 1 million members heeded a call to stay away from work. Labour unrest regularly affects companies in sectors like mining during negotiations over wages, but it is much rarer for COSATU, typically an ally of the governing African National Congress…
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South African broadcaster SABC delays job cuts plan by a week

South African broadcaster SABC delays job cuts plan by a week

THE South African Broadcasting Corporation (SABC) is delaying a plan to lay off 600 employees by a week, following protests by some of its presenters and journalists, who have threatened a radio and TV blackout. The SABC is among a clutch of heavily indebted state-owned firms that President Cyril Ramaphosa has promised to wean off public funding. But this week the broadcaster's board said it needed at least 1 billion rand ($65 million) per annum to keep operations going, and that its plan to cut costs by lowering headcount was not yet working. "The Board of the SABC would like…
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Pope promises Vatican workers no one will lose jobs because of pandemic

Pope promises Vatican workers no one will lose jobs because of pandemic

PHILLIP PULLELLA POPE Francis has promised Vatican employees that none of them will lose their jobs because of the coronavirus pandemic, which has severely damaged Vatican finances. "You are the most important thing here. No one is to be left out, no one will lose their jobs," Francis told workers and their children at a special audience held to exchange Christmas greetings. The pandemic has wreaked havoc with the Vatican's finances, forcing it to dip into reserve funds and implement some of the toughest cost-control measures ever in the tiny city-state. "No one should suffer from the ugly economic effects…
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How COVID-19 hit people globally in the pocket

How COVID-19 hit people globally in the pocket

NITA BHALLA ONE in two people worldwide saw their earnings drop due to the coronavirus, with people in low-income countries particularly hard hit by job losses or cuts to their working hours, research showed on Monday. U.S.-based polling company Gallup, which surveyed 300,000 people across 117 countries, found that half of those with jobs earned less because of COVID-19 pandemic disruptions. This translated to 1.6 billion adults globally, it said. "Worldwide, these percentages ranged from a high of 76% in Thailand to a low of 10% in Switzerland," said researchers in a statement. In Bolivia, Myanmar, Kenya, Uganda, Indonesia, Honduras…
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