South Africa's jumbos head north
Article Abstract:
A number of large South Afrian companies such as South African Breweries and Anglo American are seeking stock market listings overseas. Labor unions see this move as betrayal following exploitation of black workers, while whites may fear that the move is a result of a lack of confidence in South Africa due to crime, corruption, and a drop in the value of the South African rand.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1998
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Hollowing out South Korea's corporations
Article Abstract:
South Korean conglomerates plan to freeze wages and lay off workers because of lower profits and rising costs. The conglomerates no longer enjoy a closed domestic market and government investment, and they are moving into more technological and higher-value-added industries.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996
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South Africans return to Mozambique
Article Abstract:
The opening of the Maputo Development Corridor on May 6, 1996 signaled the beginning of a new era in trade and investment between former enemies South Africa and Mozambique. The new trade route is expected to stimulate trade activity and lure investors into Mozambique.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996
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