Thought Leadership
BL Premium reports that RCL’s decision to help top executives cash out of a supposed long-term share incentive scheme has infuriated shareholder activists and embarrassed parent company Remgro. Source: Latest News
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Salaries of PSL players safe for now
Sunday Times reports that the Premier Soccer League (PSL) has not considered the issue of salary pay cuts for players yet. In the wake of the coronavirus crisis, major leagues around the world have been suspended and leading clubs have announced various salary cuts. Source: Latest News
Gauteng transport department launches programme to sanitise taxi ranks
SABC News reports that the Gauteng Department of Roads and Transport was scheduled on Monday to launch a programme to support taxi ranks and transport modes with sanitisation of commuters and vehicles to curb the spread of Covid-19. Source: Latest News
Aspen Pharmacare pauses retrenchment process until after lockdown
DispatchLive reports that the coronavirus has given more than 100 Aspen Pharmacare workers a temporary reprieve as the giant pharmaceutical company has halted its retrenchment process. Source: Latest News
Gauteng health department calls for donations of personal protective equipment
SABC News reports that the Gauteng health department has called for donations of personal protective equipment (PPE) and ventilators. Source: Latest News
IT group EOH set to cut staff salaries by up to 20% amid Covid-19 economic shock
TechCentral reports that EOH Holdings is poised to slash employee salaries by as much as 20% in an effort to stave off a potential Covid-19 lockdown-induced crisis at the IT services group. Source: Latest News
Wine industry in bittersweet situation with harvesting allowed during lockdown, but exports denied
Engineering News reports that 2020 wine grape crop will still yield exceptional wines despite uncertainty at first considering SA’s lockdown practices, according to industry body Vinpro. Source: Latest News
Woolworths to continue to pay staff during lockdown, while executives take pay cut
BusinessLive reports that retailer Woolworths will continue to pay staff during the Covid-19 shutdown, while senior management will forgo up to 30% of their fees and salaries over the next three months to provide additional support to employees. Source: Latest News
SA Military Health Service to call up civilian healthcare practitioners in fight against Covid-19
ANA reports that on Sunday the SA Military Health Service (SAMHS) called up registered healthcare practitioners to join forces with serving members in the fight against the Covid-19 pandemic. Source: Latest News
Prayers for Saftu’s Zwelinzima Vavi as coronavirus lands him in hospital
SowetanLive reports that well-known labour movement leader Zwelinzima Vavi has been admitted to hospital after contracting Covid-19. Source: Latest News