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 […]

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 […]

SAMWU Free State workers vow not to return to work until salaries are paid

SABC News reports that the South African Municipal Workers Union (SAMWU) in the Free State has warned that Mohokare Local Municipality employees will not return to work until their salaries are paid. The municipality reportedly issued a notice stating that salaries are unlikely to be paid to workers in May and June due to financial […]