Thought Leadership
Daily News reports that disgruntled outsourced workers have vowed “to stand their ground” against “greedy fat cats” at the Prince Mshiyeni Memorial Hospital in uMlazi. Source: Latest News
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Lily Gold Mine can be rescued, says business rescue practitioner
City Press reports that according to business rescue practitioner Rob Deverbux, there is a reasonable prospect of the cash-strapped Lily Gold Mine in Mpumalanga being rescued given that the conditions of the business rescue plan are met and there is a market for the company to continue. Source: Latest News
South Africa seen as avoiding another crippling platinum strike
Bloomberg reports that on Thursday both Anglo American Platinum (Amplats) and the Association of Mineworkers and Construction Union (Amcu), who are preparing for new wage talks, said they don’t expect any major output interruptions. Source: Latest News
Vavi says new labour federation will focus on job creation
The Star reports that the new labour federation in the making will be embarking on mass recruitment and job campaigns in order to attract members among the 76% of South African workers who are not organised in unions. Source: Latest News
Fake sick notes lead to arrests of Richards Bay employees
The Citizen reports that five employees of a business in KwaZulu-Natal who fell into the habit of producing fraudulent doctor’s notes have been caught out. Source: Latest News
At least 200 municipal officials arrested over past year for fraud and corruption
HeraldLive reports that Deputy Minister of Cooperative Governance and Traditional Affairs Andries Nel said on Thursday that at least 200 municipal officials have been arrested for fraud and corruption over the past year. Source: Latest News
Another chemical engineering graduate is begging for a job at robots
SowetanLive writes about Sello Mokate‚ 30‚ who graduated with a B-tech in Chemical Engineering two years ago‚ but who has landed up selling naartjies at the traffic lights. Source: Latest News
No date yet for reopening of Vaal University of Technology
The Citizen reports that there was still no indication late on Thursday as to when academic activities would resume at the troubled Vaal University of Technology (VUT). Source: Latest News
Anglo American’s plan to cut workforce adds to SA’s joblessness woes
BDLive reports that Anglo American’s plans to cut its workforce to nearly a third of the 135,000 people it employs are among the factors painting a gloomy picture of SA’s prospects of reducing its 26.7% unemployment rate. Source: Latest News
FSB accused of deceit over probe into cancellation of dormant pension funds
BDLive reports that the Financial Services Board (FSB) may have misled the finance minister about the scope of a KPMG probe into the cancellation of dormant funds, the subject of a hotly contested case, new court filings show. Source: Latest News