Thought Leadership
Fin24 reports that Treasury last week announced new legislative proposals that would see the two-pot retirement system take effect at the start of March 2024. Source: Latest News
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Four gunmen storm Cape Town medical facility, rob security guards
News24 reports that Western Cape police are hunting for a group of armed robbers who stormed the Gugulethu Community Health Centre in Cape Town on Tuesday morning and robbed security staff before fleeing the scene. Source: Latest News
Whistle-blower gunned down shortly before she was due to give evidence against former police officers
Sunday Tribune reports that the Department of Home Affairs employee who was shot in Tongaat a week ago had been due to testify against former Durban Point police officers who had allegedly extorted money from her after illegally arresting her fiancé. Source: Latest News
Raising of salary cap in SA rugby is all about player retention
Sunday Times reports that news of a pending increased salary cap for the Stormers, Sharks, Bulls and Lions comes as huge relief as the game buckles under financial strain. Source: Latest News
Emfuleni employees call for national and provincial government intervention amid delayed salary payments
The Citizen reports that angry employees of the Emfuleni Local Municipality in the south of Johannesburg embarked on sporadic protest actions in recent days, demanding their salary payments for the month of May. Source: Latest News
Eskom deploys former employees, 'industry professionals' from Monday to various power stations
News24 reports that a team of experts supported by the Resource Mobilisation Fund (RMF) will be deployed to power stations across South Africa starting from Monday, 5 June, according to minister in the presidency responsible for electricity Kgosientsho Ramokgopa. Source: Latest News
After seven years of ‘curtailment measures’, Mbombela’s R160m annual overtime bill is still increasing
Mail & Guardian reports that over the past seven years the City of Mbombela has failed to reduce its staggering R160 million annual overtime bill, despite the Mpumalanga municipality having introduced “cost curtailment measures”. Source: Latest News
Nedbank starts search for new CEO, Mike Brown to continue in role until appointment is made
BL Premium reports that Nedbank has started the search for a new CEO to replace Mike Brown, who has been at the helm since 2010 and an executive director since 2004. Source: Latest News
Eskom and unions to meet one last time on 13 and 14 June in bid to ‘find each other’ over wage increases
BL Premium reports that Eskom management and leaders of three unions demanding higher wages at the ailing power utility will engage in an extended negotiation process after parties could not reach agreement during the final round of talks in May. Source: Latest News
Former payroll supervisor at Newcastle Municipality sentenced to eight years for R3.1m fraud
News24 reports that the Specialised Commercial Crimes Court in Durban has sentenced a former Newcastle Municipality employee to eight years behind bars after she was found guilty of fraud surpassing R3.1 million. Source: Latest News