Thought Leadership
BusinessLive reports that Old Mutual has suspended its CEO Peter Moyo after the board of the financial services group decided that “there has been a material breakdown in trust and confidence between him and the board”. Source: Latest News
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NPA to prosecute Aurora directors over mismanagement and looting of Grootvlei mine
Mining Weekly reports that the Organisation Undoing Tax Abuse (Outa) announced on Thursday that the National Prosecuting Authority (NPA) would start its prosecution of the former directors of Aurora Empowerment Systems on 28 May. Source: Latest News
Woman brings R2m defamation suit against colleague over alleged HIV gossip at work
Pretoria News reports that alleged office gossip that an employee at a government entity was “infected with the HIV virus” and spreading it because she was promiscuous has resulted in her instituting a R2 million defamation case against the “gossiper”. Source: Latest News
Police constable killed while chasing house robber on Stellenbosch farm
News24 reports that a police constable was killed while pursuing a house robber on a Stellenbosch farm, Western Cape police said on Thursday. Source: Latest News
Samwu goes after corrupt officials for plundering R88m from workers' coffers
ANA reports that the SA Municipal Workers’ Union (Samwu) said on Wednesday that it had mandated its national office bearers (NOBs) to open criminal cases against persons and companies involved in stealing money from the union account. Source: Latest News
Clothing union Sactwu wants to unstitch AVI-Green Cross merger over breach of job commitments
BusinessLive reports that the Southern African Clothing and Textile Workers’ Union (Sactwu) wants competition authorities to revoke the 2012 merger between consumer goods company AVI and shoemaker Green Cross for alleged breach of job commitments. Source: Latest News
Beauty company Avon to recruit 500,000 sales agents in SA by 2020
BusinessLive reports that beauty company Avon says it will recruit 500,000 resellers in SA by 2020 as part of its drive to grow its local business and also promote entrepreneurship. Source: Latest News
Cosatu investment arm ‘benefited from Transnet’s tainted locomotives deal’, inquiry hears
BusinessLive reports that Cosatu’s investment arm, Kopano Ke Matla, got a share from a fraudulent R657m windfall that Transnet paid to China North Rail (CNR) consortium to manufacture locomotives for the utility. Source: Latest News
NUM members end underground sit-in at Chinese-owned mine in Orkney after five days
ANA reports that the National Union of Mineworkers (NUM) confirmed on Wednesday night that all mineworkers who staged a sit-in underground at the Chinese African Precious Metal Company (CAPM) in Orkney had resurfaced after their salary demands were met. Source: Latest News
Three arrested in connection with gunning down of two police officers on councillor protection
TimesLIVE reports that three suspects have been arrested in connection with the killing of two eThekwini metro police officers on Monday night. Source: Latest News