Mail & Guardian reports that companies sanctioned by the Special Investigating Unit (SIU) for looting Covid-19 funds have to pay back the money, but are not being criminally charged and are still allowed to conduct business with government departments. Source: Latest News
City Press writes that a general strike by public service workers looks set to go ahead as trade unions last week moved to declare a deadlock after the last round of negotiations with the Department of Public Service and Administration (DPSA) failed to yield their desired outcome. Source: Latest News
Bloomberg reports that Glencore’s chairman has defended an incentive plan for the commodity giant’s new chief executive officer, after prominent advisory firms urged investors to vote against it. Source: Latest News
Business Times reports that Absa chair Wendy Lucas-Bull has defended the banking group against perceptions that its first black CEO, Daniel Mminele, was forced out as a result of clashes with white executives. Source: Latest News
The Citizen reports that trade union Solidarity has sent the government a list of more than 120 “competent and willing” South African engineers who can replace the 24 Cuban engineers imported to help repair the country’s ailing water infrastructure. Source: Latest News
BL Premium reports that state-owned low-cost airline Mango is unlikely to be able to pay the salaries of its 500 or so employees from May as it battles to stay afloat. Source: Latest News
BL Premium writes that as wage negotiations at Eskom approach, it’s hard to guess what the outcome will be. Source: Latest News
News24 reports that amid an outcry over senior public servants who are not qualified for their jobs, the heads of national and provincial departments have been instructed to update the qualifications of senior management on their systems. Source: Latest News
News24 reports that two Hawks officials, recently promoted to sergeants at the Serious Corruption Offences units in Pretoria and Ivory Park, were arrested on Thursday after allegedly defrauding the police of approximately R4,756. Source: Latest News
Reuters reports that two unions declared a dispute with Transnet on Thursday after wage talks broke down, and warned of possible strike action if the state-owned freight logistics company failed to present a better offer. Source: Latest News
Thought Leadership
