Thought Leadership
Fin24 reports that contract workers at an Astron Energy refinery that supplies Caltex petrol stations say they have been locked out by the company for demanding more than the national minimum wage (NMW). Source: Latest News
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Cosatu tones down its plan for Eskom with commitment that pension fund investments must follow investor mandates
BL Premium reports that Cosatu’s proposal that pension funds invest in Eskom to give it a way out of its debt trap, which is now under discussion with business and government, is taking on a more market-friendly form as discussions progress. Source: Latest News
Twelve revealing numbers that put the public sector wage bill debate in context
Government representatives have recently proposed an adjustment to the public sector wage bill, sparking outrage from unions. Source: Latest News
New Woolworths boss bags R54m in shares
Moneyweb reports that new Woolworths Holdings CEO Roy Bagattini, who took the top job on 17 February, has been granted over 1.4 million shares under the group’s retention share plan (RSP). Source: Latest News
Prasa promises that Autopax employees will get balance of February salaries on Thursday
BusinessLive reports that employees of Autopax will get the balance of their salaries on Thursday after the operator received a R20.9m loan from its troubled parent company the Passenger Rail Agency of SA (Prasa). Source: Latest News
Afternoon roundup of labour news on Wednesday, 4 March 2020
In our afternoon roundup, see summaries of our selection of South African labour- related stories that appeared thus far on Wednesday, 4 March 2020. Source: Latest News
Public sector unions threaten dispute if government breaks three-year wage deal
Reuters reports that public sector trade unions said on Tuesday that they would lodge a formal dispute if the government did not honour a three-year public sector wage deal. That could lead to months of arbitration and culminate in a strike. Source: Latest News
Exxaro Resources maintaining its safety drive
Mining Weekly reports that Exxaro Resources on Tuesday marked its yearly Sustainability Summit with a three-year fatality-free milestone. Source: Latest News
Minerals Council publishes new White Paper on women in mining
Mining Weekly reports that the Minerals Council SA (MCSA – previously called the Chamber of Mines) has published a new White Paper on Women in Mining to promote gender diversity and inclusion across mining operations. Source: Latest News
Recession to cost SA even more jobs, expert warns
SowetanLive reports that a leading economist has warned that SA’s slip into technical recession could have a huge impact on jobs security. Source: Latest News