Thought Leadership
News24 reports that a former Passenger Rail Agency of SA (Prasa) executive, who was found to have lied about his qualifications, has lost his bid to appeal a court order that he must pay back R5.7m received from Prasa since 2010. Source: Latest News
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Look to example of unions when creating coalitions, Solidarity’s Gideon du Plessis tells political parties
Gideon du Plessis, general secretary of trade union Solidarity, writes that the latest developments at the Johannesburg city council merely accentuate the cycle of political coalitions that are renowned for making up and breaking up. Source: Latest News
Council for Medical Schemes plans to scrap low-cost health schemes used by low-income families
BL Premium reports that the Council for Medical Schemes (CMS) has sent shock waves through the industry in announcing plans to scrap by March 2021 the pared-down schemes and primary health-care products used by low-income families. Source: Latest News
Afternoon roundup of labour news on Thursday, 5 December 2019
In our afternoon roundup, see summaries of our selection of South African labour- related stories that appeared thus far on Thursday, 5 December 2019. Source: Latest News
Unions demand clarity on what ‘radical restructuring’ of SAA would entail
BusinessLive reports that the two unions behind the recent damaging strike at South African Airways (SAA) say they want the government to explain what the proposed “radical restructuring” of the loss-making airline would entail. Source: Latest News
Exposure to SA economy slowed GEPF investment growth in 2018/2019
BusinessLive reports that the Government Employees Pension Fund (GEPF) saw the growth of its investment portfolio grind to a halt for its past financial year, because of its exposure to the SA economy. Source: Latest News
Solidarity sets right SAA’s account of how business rescue decision took place
BusinessLive reports that trade union Solidarity has claimed credit for the decision to place ailing state-owned South African Airways (SAA) into business rescue and has criticised the government for wanting more control over a process it was initially opposed to. Source: Latest News
Helicopter pilot spraying crops dies after crashing in KZN
News24 reports that a person was killed on Thursday after a helicopter crashed in Eshowe, north of Durban, paramedic services have said. Source: Latest News
Mining companies struggle to live up to community demands, says Minerals Council
BL Premium reports that Minerals Council SA (MCSA) officials said on Wednesday that ailing municipalities were leaning heavily on mining companies for infrastructure projects, diverting spending away from investments and fuelling strife around mines. Source: Latest News
Treasury and lenders to provide R4bn for SAA business rescue
BL Premium reports that South African Airways (SAA) will get R2bn in cash from the Treasury and another R2bn loan guarantee to raise finance from commercial banks to facilitate its business rescue process. Source: Latest News