Business Live reports that Investec, the niche private banking and wealth management group, has set minimum pay for its SA employees at just under R21,000 a month, becoming the latest company in the financial services sector to disclose its minimum pay. “We increased our minimum salary for employees in SA to R250,000 per annum, with […]

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TimesLive reports that Gauteng premier Panyaza Lesufi convened a late-night meeting with directors-general and heads of departments (HODs) this week in the wake of confusion over employment contracts for his jobs-drive initiative. This week, there was a clash in communication from the provincial government about the employment of thousands of expanded public works programme (EPWP) […]

GroundUp reports that about 100 workers downed tools at the Ribas Manufacturers in Sandton, Johannesburg, on Friday morning to demand a bigger wage increase. On Friday, workers told GroundUp they would continue striking until their employer increased their wage by R4 per hour rather than the R1.75 offered by the company. This follows deadlocked wage […]

Mining Weekly writes that coal mining company Liberty Coal has confirmed that it will be extending the deadline for former Optimum Coal Mine (OCM) employees to submit their applications for reemployment. The company said on June 24 that this was part of its prioritisation of the reemployment of former employees who were retrenched by OCM, which remains in business rescue. The reemployment of […]

SABC News reports that the Congress of South Africa’s Trade Unions (Cosatu) General Secretary, Solly Phetoe says the affiliation is working with the National Treasury, the Financial Sector Conduct Authority (FSCA) and pension funds at Nedlac to ensure a smooth implementation of the two-pot system on September 1. The two-pot retirement system is confirmed to […]

The National Union of Mineworkers (NUM) Matlosana Region is shocked by the untimely passing away of one of Harmony Gold mineworker at Harmony’s Mine Waste Solution operation in Stillfontein. The worker, who was with his colleague, perished after the car they were travelling with collided with a truck on the 16th June 2024 on the […]

SABC News reports that over 4 000 employers are in arrears in their contributions towards pension funds. This is according to the Financial Sector Conduct Authority. The organisation says as this forms part of the employee remuneration package, this means that these employers are withholding what is owed to their employees and are in violation […]

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IOL Business writes that media company Media24 has announced plans to close the print editions of five newspapers, while converting three of the titles into digital-only brands. This is according to a statement released by the company. The last publication date for the newspapers that will be closed is September 30, 2024. The company said that they […]

GroundUp reports that more than 50 former security guards picketed outside the R.K. Khan Hospital in Chatsworth, Durban on Wednesday to demand their jobs back. The guards lost their jobs after participating in an unprotected strike last year. They are among 174 workers that were employed by Mafoko Security to guard R.K. Khan Hospital, Stanger […]

SABC News writes that Mercedes Benz South Africa (MBSA) plans to retrench 700 workers at its East London manufacturing plant as the company tries to improve operational performance. In a statement, the company announced it is entering a consultation process to discuss restructuring its manufacturing operations. It is planning to move from a three-shift to […]