City Press reports that the business rescue process currently under way for South African Airways (SAA) has been plunged into crisis, after pandemonium erupted during a meeting between the airline’s business rescue practitioners (BRPs) and labour representatives on Thursday. Source: Latest News
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Pikitup services disrupted on Friday due to protest by EPWP employees over delayed payments
Engineering News reports that Johannesburg municipal waste manager Pikitup’s services were disrupted on Friday owing to protest action by Expanded Public Works Programme (EPWP) employees, over a payment dispute. Source: Latest News
No-ballot Metrobus strike costs municipal union Demawusa its registration
Sowetan reports that the Democratic Municipal and Allied Workers’ Union (Demawusa) has become the first labour organisation to have its registration cancelled for going on strike after failing to comply with the controversial new law that a secret ballot must be conducted. Source: Latest News
Can the Government Employees Pension Fund survive a R254bn knock to bail Eskom out?
Barbara Curson considers the financial impact of the proposal to divert R254 billion from the Government Employees Pension Fund (GEPF) to Eskom. Source: Latest News
SA’s great CEO exodus last year saw 10% of JSE listed companies undergoing changes at the top
Bruce Whitfield writes that last year there was an almost unprecedented changing of the guard at the top of high-profile SA companies. Nearly 50 CEOs of publicly listed, state-owned and public interest companies left their jobs over the past 14 months. Source: Latest News
Cash-in-transit industry to launch association to counter violent attacks on trucks and guards
BusinessLive reports that the cash-in-transit (CIT) industry is to launch an association that will co-ordinate efforts to counter the “unacceptably high” levels of violent attacks. Source: Latest News
Hundreds more jobs on the line at ArcelorMittal SA
BusinessLive reports that Arcelor Mittal SA (Amsa), which has already cut 1,000 jobs, plans to shed hundreds more as it battles low steel demand and rising costs. Source: Latest News
As Denel exits aircraft components business, steps in place to minimise impact on job losses
BusinessLive reports that state-owned arms manufacturer Denel says the process of exiting the greater part of its aircraft components manufacturing business is now at an advanced stage, with major steps put in place to minimise the impact of the withdrawal on job losses. Source: Latest News
SAA to cancel all domestic flights, except for Cape Town, while retrenchments confirmed as unavoidable
BusinessLive reports that South African Airways (SAA) will cancel all domestic flights, except for a reduced service to Cape Town, as well as some international and regional flights, at the end of February in a bid to further cut costs at the ailing airline. Source: Latest News
Afternoon roundup of labour news on Thursday, 6 February 2020
In our afternoon roundup, see summaries of our selection of South African labour- related stories that appeared thus far on Thursday, 6 February 2020. Source: Latest News




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