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Fin24 reports that according to the SA Reserve Bank’s quarterly bulletin released on Wednesday, SA workers are seeing meagre pay increases that do not keep up with inflation. Source: Latest News
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ArcelorMittal SA may close some of its South African plants and retrench over 2,000 workers
Fin24 reports that in a statement on Wednesday, ArcelorMittal SA (Amsa) announced that it might close some of its operations. Source: Latest News
Pilots at SAA will down tools if that’s what’s needed to save the broke airline
BL Premium reports that pilots at SA Airways (SAA) say they are willing to embark on a lawful strike to save the indebted national carrier. Source: Latest News
Labour Court interdicts Sasbo’s banking sector strike planned for Friday
BusinessLive reports that the Labour Court has interdicted Friday’s planned strike to shut down the country’s banking sector. Source: Latest News
Strike threat grows as Sibanye-Stillwater cuts platinum jobs
BL Premium writes that the likelihood of Sibanye-Stillwater, the world’s largest platinum miner, facing another crippling strike at its mines increased after it indicated it would lay off up to 5,270 people at the Lonmin assets it now owns. Source: Latest News
BHP has approached Anglo American chief Mark Cutifani to run for its CEO role
Bloomberg reports that the BHP Group has talked to Anglo American CEO Mark Cutifani about running for the top job at the diversified miner, according to sources familiar with the matter. Source: Latest News
Afternoon roundup of labour news on Wednesday, 25 September 2019
In our afternoon roundup, see summaries of our selection of South African labour- related stories that appeared thus far on Wednesday, 25 September 2019. Source: Latest News
Competition Tribunal gives final go-ahead, with conditions, for Milco takeover of Clover
Fin24 reports that the Competition Tribunal has given the go-ahead to a takeover of SA’s biggest dairy company, Clover, by Tel Aviv-based Milco. Source: Latest News
Ramaphosa condemns teachers who have sexual relations with pupils
ANA reports that President Cyril Ramaphosa on Wednesday rebuked sexual assault of pupils by teachers and called on law enforcement authorities to investigate and arrest the perpetrators. Source: Latest News
Nehawu slams Busa’s move to interdict Sasbo strike against job cuts in banking sector
Business Report writes that the National Education, Health and Allied Workers’ Union (Nehawu) has condemned Business Unity SA (Busa) for seeking to interdict the looming strike at banks called by finance union Sasbo. Source: Latest News