Fin24 reports that the ANC’s commitment in its general election manifesto to investigating prescribed pension fund assets has public sector unions and financial institutions nervous that the party wants to use pension funds to feed Eskom and other troubled state-owned entities. Source: Latest News
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Afternoon roundup of labour news on Thursday, 17 January 2019
In our afternoon roundup, see summaries of our selection of South African labour- related stories that appeared thus far on Thursday, 17 January 2019. Source: Latest News
Labour federation Saftu supports Amcu’s Sibanye wage strike
Mining Weekly reports that the South African Federation of Trade Unions (Saftu) on Wednesday declared its support for the striking mineworkers employed at Sibanye-Stillwater’s gold operations, as well as those who plan to undertake a secondary strike at the miner’s South African platinum operations, which is due to start next...
Sibanye-Stillwater stares down Amcu in gold wage strike
BusinessLive reports that Sibanye-Stillwater has so far weathered the strike that commenced at its local gold mines on 21 November 2018 fairly well. Source: Latest News
Sadtu demands answers following suspension of Schweizer-Reneke teacher at centre of racism row
News24 reports that the SA Democratic Teachers Union (Sadtu) in the North West is demanding answers from the provincial department on why a teacher, who allegedly captured and shared a controversial image taken at Laerskool Schweizer-Reneke in the province, was suspended. Source: Latest News
Tragic data shows capital fleeing from SA along with millions of jobs
Well-known economist Mike Schüssler writes that South Africa attracts far less fixed investment as a percentage of GDP than any other emerging market. Source: Latest News
North West MEC holds off on report into Schweizer-Reneke school saga to allow procedure to be followed
TimesLIVE reports that North West education MEC Sello Lehari did not on Thursday release a preliminary report into the Laerskool Schweizer-Reneke saga as had been expected. Source: Latest News
Agrizzi claims Bosasa used NUM boss to get catering contract at Gold Fields
ANA reports that Angelo Agrizzi, the former marketing co-coordinator of Bosasa Facilities Management, on Wednesday spilled the beans about the inner workings and political links of the controversial company. Source: Latest News
Government puts spanner in works with offer to nationalise Optimum Coal Mine
David McKay writes that the government put a spanner in the works on Thursday after it said its African Exploration & Mining Finance Corporation (AEMFC) was participating in a consortium that would effectively nationalise Optimum Coal Mine. Source: Latest News
Parliament’s labour committee begins process to correct error in national minimum wage law
BusinessLive reports that Parliament’s labour committee on Wednesday resolved to introduce an amendment bill to correct an error in the national minimum wage law that possibly leaves workers vulnerable to employers who intend to circumvent regulations. Source: Latest News




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