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European Union backs Ngozi Okonjo-Iweala for WTO role

The European Union has endorsed former Nigerian finance minister Ngozi Okonjo-Iweala as the next director-general of the World Trade Organisation, Bloomberg reported. The business news outlet cited anonymous officials familiar with the matter that all the 27 EU member countries agreed on Monday in Brussels to support Mrs. Okonjo-Iweala. Bloomberg also reported that the United States has decided to back Yoo Myung-hee, South Korea’s trade minister, for the role. The position has been fiercely contested amongst candidates of different countries since Roberto Azevedo resigned in August. Last month, Okonjo-Iweala and Myung-hee were selected as the last two candidates in the contest. The EU’s endorsement is seen as a significant boost for Okonjo-Iweala’s candidacy, with the final winner expected...

Cell C Faces Potential Job Cuts

Image sourced from Town Press South African network provider, Cell C says that it’s reevaluating some of the jobs at executive and management level – this process could deem certain positions redundant and ultimately result in job cuts. “In early March 2020, Cell C initiated a consultation process in terms of section 189A (2) of the Labour Relations Act 66 of 1995, specifically at a senior manager and executive level, and advised employees of the possibility of redundancy of certain positions and contemplated retrenchments,” says Cell C to My Broadband. The telecoms provider then went on to say that the process is still underway and it’s not yet sure how many positions will be cut. /* custom css */ .tdi_3_b38.td-a-rec-img{ text-align: left; }.tdi_3_b38.td-a-rec-img img{ margin: 0 auto 0 0;...