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Fin24 reports that power utility Eskom said on Thursday that its latest pay hike offer could lead the cash-strapped company into deeper cost cuts. Source: Latest News
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Web links to selected labour news reports posted on 23 June 2016
Our links page provides references to South African labour news reports we have come across on the Internet on Thursday, 23 June 2016 Source: Latest News
Roundup of labour news on 23 June 2016
In our Thursday roundup, see summaries of our selection of South African labour- related stories that have appeared since midday on Wednesday, 22 June 2016. Source: Latest News
Gupta-owned Oakbay responds to claims it's buying UBank
News24Wire reports that Gupta-owned Oakbay Investments on Thursday slammed media reports about an approach to buy UBank as “speculation”, with “several significant untruths and misunderstandings”. Source: Latest News
How long will SABMiller and AB InBev’s pledge not to retrench last?
BDLive reports that the Competition Tribunal said on Wednesday that SABMiller and Anheuser-Busch InBev (AB InBev) needed to state exactly how long their commitment not to retrench staff would stand. Source: Latest News
Cosatu charges that ‘racist white Boks lose on purpose’
The Citizen reports that labour federation Cosatu’s Western Cape secretary Tony Ehrenreich and a transformation group think some of the untransformed ‘Stellenbosch Mafia’ Springboks are ‘playing badly’ as part of a ‘classically’ racist plot. Source: Latest News
Parliament’s secretary charges four Nehawu members with gross misconduct
BDLive reports that Secretary to Parliament Gengezi Mgidlana has charged four officials of the National Education Health and Allied Workers’ Union (Nehawu) over disruptions to a staff meeting, the union said on Thursday. Source: Latest News
NUM to reject sale of ‘miners’ bank’ to Gupta company
David McKay reports that the National Union of Mineworkers (NUM) said it would oppose an offer to sell its 50% stake in Ubank to Oakbay Investments, a company owned by the politically-connected Gupta family. Source: Latest News
Cape Town, Joburg among least expensive cities for expat workers
Fin24 reports that a new survey by human resource consultancy Mercer ranks Cape Town and Johannesburg among the least expensive cities in the world for expatriate workers. Luanda in Angola is the second most expensive for international companies. Source: Latest News
Transnet employee falls to death while working on Mpumalanga bridge
News24Wire reports that Transnet Limited’s largest division, Transnet Freight Rail (TFR), has launched an investigation into the death of an employee who fell to his death while on duty on a bridge in Mpumalanga. Source: Latest News