Moneyweb reports that government has yet to find the remaining R2 billion needed for the South African Airways (SAA) business rescue plan, but has reaffirmed its commitment to seeing the business process to its successful conclusion. Source: Latest News
Reuters reports that the Communication Workers Union (CWU) is angered by Telkom’s plan to cut up to 3,000 workers and on Sunday called for an urgent meeting with the ruling ANC and the minister of communication. Source: Latest News
Columnist Mamokgethi Molopyane writes that barely a month into 2020, retrenchments, the trimming of workforces and restructuring talks are dominating the news. Source: Latest News
BusinessLive reports that Transnet has declined to comment on the appointment of a new group CEO after conflicting reports at the weekend that Portia Derby, former wife of one-time Transnet CEO Brian Molefe, was in line for the top job. Source: SA Labour News
News24 reports that passing a private member’s bill that will preserve jobs for South Africans and establishing an integrity commission as a Chapter 9 institution are two of the IFP’s goals for the 2020 parliamentary year. Source: SA Labour News
BL Premium reports that Sibanye-Stillwater has cut its Marikana workforce by 4,775 jobs, fewer than it flagged when it started the restructuring process late in 2019. Source: SA Labour News
News24 reports that a sixth suspect wanted for the murder of a constable in Coffee Bay in the Eastern Cape, appeared in the Mqanduli Magistrate’s Court on Friday. Source: SA Labour News
GroundUp reports that the Passenger Railway Agency of SA (Prasa) has released footage of two Gauteng train stations that have been closed, with services suspended due to vandalism in December 2019. Source: SA Labour News
News24 reports that the Association of Mineworkers and Construction Union (Amcu) said it was saddened by a “tragic start to 2020” as three mine workers died while on duty last week. Source: SA Labour News
BL Premium reports that finance minister Tito Mboweni said on Thursday that the “never-ending demands” of state-owned enterprises (SOEs), the public sector wage bill and corruption and general mismanagement were the major threats to SA’s fiscal sustainability. Source: Latest News
Thought Leadership
