Two-pot system: New rules for how much can be cashed out, which funds are excluded

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Fin24 reports that on Friday, Treasury published proposed legislation that sets new rules for the two-pot retirement system, scheduled to kick in on 1 March 2024. The two-pot system means South Africans will be able to access one-third of their retirement savings throughout their career, while two-thirds will only become accessible on retirement. The revised […]

NEHAWU protests over suspended shopstewards

Capricorn FM News reports that members of the National, Education, Health and Allied Workers Union’s Mike Tauyatswala region have staged a protest outside the headquarters of the provincial department of Health in Polokwane, demanding that suspensions of their shop stewards at the Pietersburg hospital be lifted. NEHAWU’s regional secretary Matome Phooko says seven shop stewards were […]

SACTWU SETTLES 2023 LEATHER TANNING SECTOR WAGE NEGOTIATIONS

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The COSATU-affiliated Southern African Clothing & Textile Workers’ Union (SACTWU) is pleased to announce that thousands of its members in the leather tanning sector in South Africa can look forward to a 7.25% wage increase, with effect from 1 July 2023. This follows a recent settlement for an amending wage agreement for this sector, signed […]

Bus operations suspended due to Samwu strike in Tshwane

SABC News reports that bus operations in the City of Tshwane have been suspended due to a strike by workers affiliated to the South African Municipal Workers Union (Samwu). Workers are striking over salary increases and overtime. The Tshwane Bus Service Management says the strike is illegal and that it will institute labour processes to […]

Calls for urgent intervention in Emfuleni amid late salary payments

The Citizen reports that the embattled Emfuleni Local Municipality in the south of Johannesburg continues to be in the news for all the wrong reasons. This time around, irate employees embarked on sporadic protest actions in recent days, demanding their salary payments for the month of May. Regional chairperson of the South African Municipal Workers Union […]

Eskom and unions to meet one last time

BL Premium reports that Eskom management and leaders of three unions demanding higher wages at the ailing power utility will engage in an extended negotiation process after parties could not reach agreement during the final round of talks in May. Representatives of the National Union of Mineworkers (NUM), National Union of Metalworkers of SA (Numsa) and […]

Cleaners hold protest outside Durban Transnet offices

Business Live reports that outsourced Transnet cleaners engaged in an unprotected strike in Durban over unpaid wages on Thursday. Workers under Masihloniphaneni Trading — a company outsourced by Transnet to provide cleaning services — staged a stay-away on Ely Road in Bayhead, Durban. Justice Duma, one of the protesting workers, said they had not been […]