CCMA springs into action to stem wave of retrenchments August 19, 2015 Trade union Solidarity puts retrenchments at 62,000 this year General Reserve Bank concerned about steep wage settlements not matched by productivityPosted by admin BDLIve reports that steep wage settlements not matched by high productivity will stoke inflation and compromise the economy’s competitiveness, Reserve Bank deputy governor Francois Groepe has said. Source: Latest News