His analysis was brutal: South Africa is not a country of savers. Our pension funds are effectively the only pots of money left. This was frightening and sobering to hear from the head of state, writes Adriaan Basson.
Should government interfere in the business rescue decisions by the duly appointed business rescue practitioners of embattled South African Airways or not?
The Eskom Pension and Provident Fund has applied to the High Court to try to enforce a prior judgment ordering former Eskom CEO Brian Molefe to pay back about R10m.
Unions say they are still none the wiser on what government plans to do to secure R2bn to help aid the business rescue process at embattled airline, SAA.
The National Union of Mineworkers has issued an ultimatum to incoming Eskom CEO Andre de Ruyter.
The National Union of Metalworkers of SA and SA Cabin Crew Association say the flag carrier's decision to file for voluntary business rescue on Thursday is "insincere" and an attempt to "retain control by the board".
While Black First Land First leaders have been saved from punishment in the Equality Court over remarks made about the Hoërskool Driehoek tragedy, the court's judgment has laid the foundation for a criminal case, labour union Solidarity said.
South African Airways has confirmed that it informed staff it would not be able to pay their salaries as scheduled for the month of November.
Trade and Industry Minister Ebrahim Patel wants ArcelorMittal to 'reverse' a decision to close a plant in Saldanha.
News24 senior politics reporter Tshidi Madia is joined in studio by the IFP's newly elected president, Velenkosini Hlabisa. Listen.
The union says it it is not in the interests of workers to fund bankrupt entities.
With 2020 starting off on a fraught economic footing, ordinary South Africans have not been spared: in the first month alone, several companies have already announced their intention to retrench staff in line with Section 189 of the Labour Relations Act.
Following concerns over whether South African Airways would have been able to pay employees' salaries this month, it has now been confirmed that the embattled state-owned airline has the money available to do so - at least for January.
Solidarity CEO Dirk Hermann said in the statement that there was no evidence that cutting thousands of jobs could secure Telkom’s financial stability and that evidence pointed to such a move potentially having the opposite effect.
Former SAA CEO Vuyani Jarana and business rescue practitioner Cloete Murray should be engaged in the business rescue process of South African Airways, says the union Solidarity.
South African Airways has gone into voluntary business rescue and has now appointed a business rescue practitioner.
Solidarity has intensified its war against the government's proposed National Health Insurance and is now threatening to take the fight all the way to the Constitutional Court.
The union says it has requested an urgent court date to hear the case.
It is not clear whether Solidarity's decision to establish an Afrikaans university is aimed at exclusion or building a more inclusive society. That said, a community building its own institutions is without doubt the best way to express patriotism, writes Ralph Mathekga.
Trade union Solidarity has said it will use the monies it received following legal battles with Brian Molefe and Hlaudi Motsoeneng to fund future cases that challenge tax abuse.
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