Thought Leadership
BL Premium reports that the cabinet has approved and sent to parliament draft legislation that will empower the employment & labour minister to intervene and set transformation targets in the workplace. Source: Latest News
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Consumer inflation quickened to 4.5% in January, but still well within target range
BusinessLive reports that consumer inflation rose at a faster pace in January, according to data released by Statistics SA on Tuesday. Annual consumer price inflation (CPI) was 4.5% in January, up from 4.0% in December, buoyed, among other factors, by increases in fuel prices. Source: Latest News
Afternoon roundup of labour news on Tuesday, 18 February 2020
In our afternoon roundup, see summaries of our selection of South African labour- related stories that appeared thus far on Tuesday, 18 February 2020. Source: Latest News
Fears mount over the likelihood of continued retrenchments
Business Report writes that the list of announced plans to retrench in 2020, both in the private and public sectors, has grown rapidly and an anticipated small uptick in the economy is unlikely to slow its trajectory. Source: Latest News
Wits makes controversial decision to reinstate lecturer accused of sexual harassment
City Press reports that the University of the Witwatersrand (Wits) has controversially reinstated a professor who was previously accused of sexual harassment. Source: Latest News
Educor, which owns Damelin, City Varsity and other colleges, is planning to retrench more than 700 employees
Cape Argus reports that Educor, which owns Damelin, City Varsity, Intec College and Lyceum College, is planning to retrench more than 700 people from its workforce; almost half its permanent staff. Source: Latest News
Axed Old Mutual CEO Peter Moyo tells court his right to work, dignity and self-worth can't be replaced by money
Fin24 reports that axed Old Mutual CEO Peter Moyo has claimed he would suffer further reputational harm if the financial services company appointed a new CEO while there was an ongoing court battle. Source: Latest News
San Souci teacher who slapped pupil questions why assault charges reinstated by NPA
EWN reports that the lawyer representing a teacher who slapped a pupil last year has questioned why charges, which were previously withdrawn, have been reinstated. Source: Latest News
Police hunt for security guard who strolled off with R4m in cash stuffed in rubbish bags
News24 reports that police are still on the hunt for a female security guard who allegedly stole R4m in cash from her employer, SBV Services, in July last year. She has not reported for duty since the incident and her whereabouts are unknown. Source: Latest News
Cosatu slams Mboweni for “silly” proposal of a referendum on bailing out SOEs
EWN reports that the Congress of South African Trade Unions (Cosatu) has slammed a suggestion by Finance Minister Tito Mboweni that a referendum should be held on the use of taxpayer’s money to bail out beleaguered state-owned enterprises (SOEs). Source: Latest News