Thought Leadership
BL Premium reports that Statistics SA advised on Wednesday that consumer price inflation reached a 13-year high in June. The consumer price index (CPI) accelerated to 7.4% from 6.5% in May, well above the upper band of the SA Reserve Bank’s inflation targeting range of 3%-6%. Source: Latest News
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UIF hopes to recover R1.8bn lost to failed investments in Bounty Brands
EWN reports that the Unemployment Insurance Fund (UIF) is hopeful that it can still recover the almost R1.8 billion in public money that it lost on two failed investments in Bounty Brands. Source: Latest News
Treasury warns that officials must pay suppliers on time or face disciplinary action
Fin24 reports that National Treasury warned on Monday that government officials responsible for the billions of rands worth of late and non-payment of invoices by national and provincial departments needed to be monitored and punished. Source: Latest News
Ramaphosa meets business leaders on plan to tackle energy crisis, who warn that ‘the trick will always be execution’
BL Premium reports that as President Cyril Ramaphosa mulls his response to the energy crisis gripping the country, Business Unity SA (Busa) on Tuesday called for a more focused partnership between the government and private sector. Source: Latest News
Morning roundup of labour news on Wednesday, 20 July 2022
In our Wednesday morning roundup, see summaries of our selection of recent South African labour-related reports. Source: Latest News
De Lille and Gungubele lose another court bid to block suspended public works DG Sam Vukela from returning to work
TimesLive reports that Public Works Minister Patricia de Lille and Minister in the Presidency Mondli Gungubele have lost another bid to prevent suspended director-general Sam Vukela returning to work. Source: Latest News
National Taxi Alliance threatens total shutdown if government doesn’t respond positively to fuel price concerns
The Citizen reports that the National Taxi Alliance (NTA) has given government 21 days to respond to a letter of demands or face protest action. Source: Latest News
Workers at Ashton fruit canning factory pray for investors to prevent its closure
EWN reports that workers at a fruit canning factory in Ashton are praying for investors step in to prevent its closure. In May 2020, Tiger Brands decided to sell the Langeberg and Ashton Foods factory and exit the deciduous fruit business. Source: Latest News
SARS deploys managers to Beitbridge to plug manpower gap due to strike
News24 reports that the SA Revenue Service (SARS) has deployed senior staff that fall outside of collective bargaining processes to work at the Beitbridge border post to avert a potential disaster posed by industrial action on the part of the revenue collector’s employees. Source: Latest News
Scientists worried about new Omicron sub-variant Centaurus spreading across the globe
The Citizen reports that health scientists are starting to voice their concern about a new Covid sub-variant that was first detected in India and has rapidly spread to other parts of the world. Source: Latest News