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The Citizen reports that the Bank of Lisbon building that previously housed the Gauteng health department in central Johannesburg will be turned into a heap of rubble in November. Source: Latest News
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SABC directors could be declared delinquent because broadcaster is trading under insolvent circumstances
BusinessLive reports that the directors of the board of the SA Broadcasting Corporation (SABC) could be declared delinquent because the embattled public broadcaster is trading under insolvent circumstances. Source: Latest News
Government may have to give Eskom even more cash if it fails to raise required funds
BusinessLive reports that Treasury director-general Dondo Mogajane warned in Parliament on Wednesday that Eskom could run out of money as of end-March 2020 if it failed to raise necessary finance and this implied more funding from the government. Source: Latest News
Cosatu response to Mboweni economic strategy plan expected soon
BusinessLive reports that trade union federation Cosatu discussed finance minister Tito Mboweni’s economic strategy document on Wednesday after it was released for public comment earlier this week. Source: Latest News
Zandile Gumede withdraws her resignation as eThekwini mayor
BusinessLive reports that eThekwini mayor Zandile Gumede has created a crisis for the ANC by holding on to the mayoral chain despite a provincial executive committee (PEC) decision instructing her to vacate office. Source: Latest News
Magistrates facing disciplinary action use ‘every trick in the book’ to delay hearings, parliament hears
The Citizen reports that the Magistrate’s Commission told the portfolio committee on justice and correctional services on Wednesday that magistrates facing disciplinary hearings used “every trick in the book” to delay disciplinary proceedings against them. Source: Latest News
Afternoon roundup of labour news on Wednesday, 28 August 2019
In our afternoon roundup, see summaries of our selection of South African labour- related stories that appeared thus far on Wednesday, 28 August 2019. Source: Latest News
Workplace equity ‘not a reality’, employment equity report shows
The Star reports that Minister of Employment and Labour Thulas Nxesi has vowed to punish private sector companies that intentionally block qualified black professionals and those with disabilities from assuming top senior positions. Source: Latest News
Sibanye-Stillwater expecting to sink into interim loss due to Amcu strike
Business Report writes that gold and platinum-group metals (PGMs) miner Sibanye-Stillwater expects to report an attributable loss of R265m for the six months ended 30 June, compared with a R77m profit for the six months ended 30 June 2018, mainly as a result of a strike at its SA gold...
Corruption Watch report indicates police are now the most corrupt public servants
TimesLIVE reports that corruption in the police service countered for the most number of reports received in 2019, Corruption Watch advised on Tuesday. Source: Latest News