Thought Leadership
BusinessLive reports that Toyota SA president and CEO Andrew Kirby hopes a week-long, illegal strike which has brought the company’s Prospecton, Durban vehicle assembly plant to a standstill will be over “very soon”. Source: Latest News
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Retired Lesotho miner accuses Metropolitan of trying to trap him in SA by paying his annuity monthly rather than in a lump sum
The Star reports that a Lesotho retired mine worker has accused Metropolitan of trying to trap him in South Africa after the financial services firm allegedly “refused” to give him the rest of his savings. Source: Latest News
Former MICT-Seta boss in R14.6m scandal
The Star reports that a report by Public Protector Busisiwe Mkhwebane has revealed how an ex-Seta boss channelled millions of rand to a company owned by his nephew using his official laptop. Source: Latest News
Estranged spouse who claimed he and wife were reconciling loses second battle for R4m death benefit
The Mercury reports that for the second time in a year, a Durban man separated from his late wife has failed in attempts to receive a benefit of almost R4-million following her death in June 2016. Source: Latest News
Cosatu want private pension funds to fund infrastructure
Bloomberg reports that in addition to suggestions Cosatu made in a November document that civil servants’ pensions and a state-run unemployment fund be used to cut Eskom’s debt, the labour federation wants the government to consider making it mandatory for private pension funds to invest part of the money they...
Translux, City to City employees finally paid their full January salaries on Thursday
SowetanLive reports that Translux and City to City employees were on Thursday finally paid the outstanding half of their January salaries. Source: Latest News
KZN man 'caught red-handed' printing security, matric and tertiary certificates
TimesLIVE reports that a man in northern KwaZulu-Natal (KZN) was arrested on Wednesday after being “caught red-handed” printing fake security, matric and tertiary certificates. Source: Latest News
Compensation Fund’s failure to pay health providers since October 2019 bodes ill for NHI
BL Premium reports that in a failure that could intensify concerns about the administration of the proposed National Health Insurance (NHI), the Department of Employment and Labour’s Compensation Fund has not settled most of its bills since October 2019. Source: Latest News
Brian Molefe could pay back reduced figure to Eskom pension fund after Transnet set-off
BL Premium reports that former Eskom CEO Brian Molefe could pay back less than the R10m the courts ordered him to return to the state-owned power utility’s pension fund. Source: Latest News
In addition to its proposed Eskom rescue package, Cosatu proposes wider economic reforms
BL Premium writes that trade union federation Cosatu is pushing for a series of economic interventions, alongside its plan to help stabilise the finances of beleaguered power utility Eskom. Source: Latest News