Tag: Fuel and utility prices

Nigeria’s main unions suspend planned strike after government talks

The strike was due to begin on Monday but Labour and Employment Minister Festus Keyamo said in a statement, posted on Twitter, that an agreement was reached between the government and unions at 2:53 a.m. (0153 GMT). “Strike suspended,” he wrote.

South Africa’s Massmart to close non-performing stores

South African retailer Massmart said on Thursday it had decided to close all of its non-performing stores, as cash-strapped consumers battle with high unemployment, modest wage increases and higher average fuel and utility prices.