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The Mercury reports that the National Union of Metalworkers of SA (Numsa) has embarked on a national strike against the Retail Motor Industry Organisation (RMI), demanding that an 8% wage deal agreed to last year be honoured. Source: Latest News
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World Bank tells SA that to get a loan it must cut wage bill and not use the money to bail SOEs out
Bloomberg reports that the World Bank has apparently told SA’s government it has to cut its wage bill to qualify for a loan of as much as $2 billion and agree the money won’t be used to bail out insolvent state-owned enterprises (SOEs). Source: Latest News
Sanral’s new N2 Wild Coast road to create up to 7,000 project-related jobs
Engineering News reports that according to Transport Minister Fikile Mbalula, up to 7,000 project-related jobs will be created during the construction of the new N2 Wild Coast road. Source: Latest News
Prasa appoints its group executive for human capital management as acting CEO
Engineering News reports that the newly appointed board of control of the Passenger Rail Agency of SA (Prasa) held its first meeting on 27 October and appointed group executive for human capital management, Thandeka Mabija, as acting CEO with immediate effect. Source: Latest News
Court dismisses Implats’ bid to appeal judgement that reduction of leave days for workers forced to stay at home during violent strike was unlawful
Business Report writes that the Labour Court has dismissed a bid by Impala Platinum (Implats) for leave to appeal against a judgment relating to the producer’s unlawful reduction of workers’ leave days after the workers were forced to stay at home during the five-month long Association of Mineworkers and Construction...
Three Limpopo home affairs officials nabbed for demanding bribe from undocumented immigrant
News24 reports that three Limpopo officials employed by the Department of Home Affairs were arrested by the Hawks on Tuesday for corruption after allegedly demanding a bribe instead of arresting a man found to be in SA without the necessary paperwork. Source: Latest News
Taxi summit aimed at regulating the sector will go ahead despite NTA’s pullout
BL Premium reports that the national taxi summit, aimed at regulating the industry, will go ahead later this week despite the National Taxi Alliance (NTA), SA’s second-largest taxi association, pulling out at the eleventh hour. Source: Latest News
Tsakani Maluleke gets unanimous backing in parliament as next, and first female, auditor-general
BL Premium reports that Tsakani Maluleke will be SA’s first female auditor-general after she was unanimously recommended for the post by parliament on Tuesday. Source: Latest News
African Bank starts retrenchment process potentially affecting over 1,200 employees
News24 reports that African Bank has joined a long list of companies who have to let go of their staff because of Covid-19. The bank announced on Tuesday that it had started retrenchment consultation processes with the banking sector union, Sasbo. Source: Latest News
Unresolved public sector wage bill clouds MTBPS
Nazmeera Moola of SA Investments and Sisamkele Kobus of Ninety One write that starting in the February 2020 Budget and continuing in the June Supplementary Budget, the government committed itself to significant expenditure consolidation. Source: Latest News