Thought Leadership
BDLIve reports that steep wage settlements not matched by high productivity will stoke inflation and compromise the economy’s competitiveness, Reserve Bank deputy governor Francois Groepe has said. Source: Latest News
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Trade union Solidarity puts retrenchments at 62,000 this year
Moneyweb reports that trade union Solidarity union estimates conservatively that retrenchments will cost 62,000 people their jobs in 2015. With this in mind, the union on Tuesday announced a plan to mitigate the impact of retrenchments on its members. Source: Latest News
Construction group Aveng confirms big job cuts as it reports R578m loss
Engineering News reports that Aveng chairperson Mahomed Seedat on Tuesday opened the Aveng results presentation in Johannesburg by noting that the board was “very disappointed” with the “less than satisfying results” delivered by the construction group for the year ended 30 June. Source: Latest News
Web links to a selection of labour news reports posted on Tuesday, 18 August 2015
Our links page provides references to South African labour news reports we have come across on the World Wide Web on Tuesday, 18 August 2015. Source: Latest News
As Glencore to shut Eland platinum mine, 1 000 jobs at risk
Fin24 writes that trade union Solidarity reports that resources giant Glencore will shut its Eland platinum mine, risking about 1,000 jobs. Source: Latest News
Midday roundup of labour news on Tuesday, 18 August 2015
In our Tuesday roundup, see summaries of our selection of South African labour- related stories that have appeared since mid-morning on Monday, 17 August 2015. Source: Latest News
Legal challenge to set aside 2004 and 2010 Mining Charters
BDLive reports that, in a fresh challenge to SA’s mining regime, lawyer Hulme Scholes and his firm have gone to court to set aside the Mining Charters of 2004 and 2010, arguing that they are unconstitutional, vague and contradictory, allowing for abuse by the mineral resources minister and officials. Source:...
In De Doorns strike case, massive costs order against union confirmed by ConCourt
Landbou reports that in a Constitutional Court judgment, the Commercial Stevedoring Agricultural & Allied Workers’ Union (CSAAWU) has been ordered to bear the costs in a drawn-out case brought against Steytler Boerdery of Robertson following the 2012 De Doorns unrest. Source: Latest News
World Bank says SA not doing enough to get young people into employment
ANA reports that the World Bank said on Monday that millions of young South Africa were jobless and searching for work, but they could not be employed because they lacked the requisite skills for the modern day work environment. Source: Latest News
With jobs at stake, Evraz steel factory inspected on Monday over 10% tariff application
BDLive reports that International Trade Administration Commission officials on Monday conducted an on-site inspection at Evraz Highveld Steel’s Witbank operation in one of the first administrative hurdles the company has to fulfil to get a 10% import tariff it has asked for. Source: Latest News