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Daily Nation : February 17th 2014
30 | Business News Branson warns over help for Qantas airline SYDNEY, Sunday British tycoon Richard Branson sounded a warning in full-page newspaper ads today about possible Australian government help for national carrier Qantas, urging businesses to “think twice” about investing in the country. Branson, whose Virgin Australia carrier is in direct competition with Qantas, lashed out at the conservative government in an open letter to the Australian public published in today’s newspapers. Ease limits Qantas has been lobbying the government to ease limits on foreign investment or provide state intervention to help shore up its bottom line as it battles record fuel costs and fierce competition from subsidised rivals. The Australian carrier claims a 49 per cent foreign ownership cap under the terms of its privatisation in 1995 leaves it at an unfair disadvantage to Virgin. (AFP) The company is suffering damages” Amplats INDUSTRIAL ACTION | Company seeking Sh4.5bn to pay for costs Strike-hit firm to sue trade union Losses and damages at South Africa’s giant platinum mine Amplats blamed on the workers’ organisation JOHANNESBURG, Sunday S outh African mining giant Anglo American (Amplats) yesterday said it was suing a trade union for damages and losses suffered over the past three-week work stoppage. “The company is suffering dam- ages arising from the failure by AMCU (union) to maintain control of the strike,” Amplats spokeswoman Mpumi Sithole told AFP. The world’s top platinum miner is seeking a payment of 591 million rands ($54 million; Sh4.5 billion) for property damaged by striking members of the Association of Mineworkers and Construction Union (AMCU), who, it says, have failed to stick to picketing rules. The sum will also cater for in- DAILY NATION Monday February 17, 2014 creased costs to pay security staff overtime and for losses due to “the loss of production that would have been possible if non-striking workers were not prevented from working.” The provisional damages claim comes to “about 591-million rand, although as AMCU’s wrongful conduct is continuing, the damages will continue to accrue,” she said of the case that was filed with the High Court in Pretoria on Friday. The union’s secretary-general Jeff Mpahlele said he was unaware of any litigation against the union. Tens of thousands of platinum mining workers have downed tools since January 23 at Amplats, Impala Platinum (Implats) and Lonmin — the world’s top three producers of the mineral. (AFP) PHOTO | AFP Striking miners outside the Amplats Mine in Rustenburg earlier. The company says it will sue their union for losses. INVITATION TO BID NO. ADM/FM/01/2014 TO SELL VEHICLES The World Food Programme in Kenya shall on 19.02.2014 between 9.00am -12.00pm sell the under mentioned vehicles on ‘as-is-where-is’ basis. MOTOR VEHICLES MAKE/MODEL 1 Toyota Landcruiser 2 Toyota Landcruiser 3 Toyota Landcruiser 4 Microbus 5 Toyota Landcruiserpickup 6 Toyota Landcruiser 7 Toyota Corolla 8 Toyota Landcruiser 9 Toyota Landcruiser 10 Toyota Landcruiser Colour YOM Condition Capacity Mileage (KMs) White White White White White 2008 2008 2008 2008 White White White White White 2008 2008 2008 2008 2008 Used Used Used Used Used Used Used Used Used 4200 4200 4146 3000 2980 4146 1800 4200 4200 151,255 145,667 105,736 93,554 88,382 88,366 49,548 129,723 146,204 2012 ACCIDENT VEHICLE IN MOMBASA i. Terms and conditions of sale to be picked at the sale location. ii. The Motor Vehicles (Numbers 1-9 on the list) can be viewed at the UN Gigiri Complex, pavilion car park on 19.02.2014 between 9.00am -12.00pm;The accident vehicle (Number 10 on the list) can be viewed at our Mombasa Office on Mbaraki Road, behind Ndoho Market, former Signon Offices on the same day. iii. Deadline for submission of the vehicle bids will be on 20.02.2014 iv. A 10% down payment of the total amount quoted to be submitted with the bid, this will be refunded if unsuccessful, payment will be by banker’s cheque . NB: WFP reserves the right to retain the 10% in the event of a bidder not taking up the won item; winning bidders will be notified by phone.All Bids must be addressed to World Food Programme, quoting bid no. ADM/FM/01/2014 and dropped at the WFP Warehouse Office at Gigiri Shopping Centre, along Limuru Road and at the Mombasa office for the Mombasa vehicle. Looking forward to receiving your best offer.
February 16th 2014
February 18th 2014