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CCMA springs into action to stem wave of retrenchments

August 19, 2015

Trade union Solidarity puts retrenchments at 62,000 this year

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Reserve Bank concerned about steep wage settlements not matched by productivity

Posted by  admin 

sarb thumb medium60 101BDLIve 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.  

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