Thought Leadership
Fin24 reports that the national minimum wage (NMW), including for domestic and farm workers, will be been hiked by 8.5% to R27.58 an hour from 1 March. Source: Latest News
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Implats restarts operations at tragedy-hit shaft amid sharp earnings fall
Fin24 reports that Impala Platinum (Implats) indicated on Wednesday that it would complete repairs at its Rustenburg 11 shaft during February and use the following weeks to ramp up to full production capacity during April. Source: Latest News
SA’s metals and engineering sector has shed 40 jobs every day since 2008
BusinessTech reports that SA’s metals and engineering sector has suffered major job losses over the last fifteen years, with worries that continued stagnation in the country’s economy could lead to another jobs bloodbath. Source: Latest News
Shisa Nyama Index shows SA food inflation may have peaked in January
Bloomberg reports that the cost of a traditional South African braai increased moderately in January after a sharp drop the prior month, confirming the SA Reserve Bank’s (SARB’s) forecast that beleaguered consumers may continue to see elevated food prices ease. Source: Latest News
Rand Water beefs up security for its executives following fatal shooting
SowetanLive reports that the murder of Rand Water executive Teboho Joala has sparked fears at the bulk water provider’s offices, with management rushing to beef up security. Source: Latest News
No real inflation-related salary increases over past three years
The Citizen reports that ongoing economic challenges hampered the ability of companies to pay inflation-related salary increases over the past three years. Source: Latest News
Officials raise alarm over hiring freeze at Western Cape’s two largest hospitals
GroundUp reports that health workers at Groote Schuur Hospital and Red Cross Children’s Hospital in Cape Town are starting to feel the effects of an ongoing freeze on the hiring of critical medical staff. Source: Latest News
Five years later, SANDF reinstates employee after HIV discrimination
Mail & Guardian reports that a woman has been reinstated by the SA National Defence Force (SANDF) after she was denied employment because of her HIV status. Source: Latest News
Nzimande challenged by ATM over alleged discrimination against black local academics at SA universities
The Citizen reports that the African Transformation Movement (ATM) has raised questions about the exclusion of black local academics from university posts and the party’s president, Vuyo Zungula, has written a letter to Higher Education and Training Minister Blade Nzimande complaining about this. Source: Latest News
Many employees forced to stop working earlier than planned, survey shows
BL Premium reports that according to a recent survey, the number of people who are forced into taking retirement when they wish to remain working has increased, indicating a worsening situation for SA’s older people. Source: Latest News