BL Premium reports that Cosatu’s proposal to use R250bn of pension money managed by the Public Investment Corporation (PIC) to pay down Eskom’s debt in return for a range of undertakings by the government was under urgent and serious discussion at a high-level meeting at Nedlac on Wednesday.   Source: Latest...

BusinessLive reports that according to a government industrial action report, SA workers lost R266m in salaries in 2018 in support of their demands for better wages and improved working conditions.   Source: Latest News

In our afternoon roundup, see summaries of our selection of South African labour- related stories that appeared thus far on Wednesday, 5 February 2020. Source: Latest News

Moneyweb reports that Minister of Public Enterprises Pravin Gordhan has given a clear indication that the proposal made by Cosatu to use money managed by the Public Investment Corporation (PIC) to support Eskom was being taken seriously.   Source: Latest News

News24 Wire reports that retail giant Woolworths has disputed claims that an employee at one of its stores, Mathapelo Nkopane, was suspended for wearing isiphandla – a traditional animal skin wristband.   Source: Latest News

Engineering News reports that Master Builders SA (MBSA) has called for an urgent meeting with Higher Education, Science and Technology Minister Blade Nzimande, to provide clarity on the prospects of thousands of learners who are in training programmes supported by the Construction Education and Training Authority (Ceta).   Source: Latest News

Engineering News reports that thousands of jobs await a Ministerial determination to give the green light for the next round of wind farms to be built.   Source: Latest News

BusinessLive reports that Development Bank of Southern Africa (DBSA) chief investment officer and acting CEO Paul Currie told MPs on Tuesday that the bank had a very high exposure to Eskom and did not plan to make any further loans to the over-indebted power utility.   Source: Latest News

TimesLIVE reports that the National Union of Metalworkers of SA (Numsa) in KwaZulu-Natal (KZN) said on Wednesday it had successfully managed to renegotiate for 2,895 workers at Toyota SA to be reinstated after they were dismissed for embarking on an unprotected strike.   Source: Latest News

BL Premium reports that the business rescue practitioners (BRPs) of South African Airways (SAA) have told employees that they intend to expedite retrenchments at the troubled national carrier.   Source: Latest News