The battle to remove Gordhan and ultimately President Cyril Ramaphosa from office is in full swing, writes Adriaan Basson.
Partly cloudy. Mild.
Merafe Resources says "unsustainable electricity tariffs" have played a role in its decision to start a consultation process to retrench employees.
The chairperson of Parliament’s Select Committee on Trade and Industry says while it is not ideal for government to 'interfere' in business, the large number of job cuts will frustrate government's objectives of creating over a million jobs.
Business Unity South Africa, representing SA's major banks, has filed a court application to interdict a planned bank strike.
Unfortunately, retrenchment is a reality that many employees are faced with. Knowing what your rights are – and understanding the legality around the retrenchment process – is extremely important.
The Constitutional Court has dismissed an appeal by 1 818 retrenched employees of retailer Edcon.
Standard Bank and ABSA are not alone in facing possible retrenchments, and SA must plan its response, says Sifiso Skenjana.
Accenture, the global consulting firm, will begin selling automation software that has already eliminated about 40 000 internal roles.
The SABC board told Parliament that it needed a R3bn bailout as it was in a position where it would not be able to pay salaries after March if nothing changed, but Parliament has urged them to first recover millions lost through dodgy deals.
The SABC board's announcements on its intentions to retrench workers is pre-emptive and not in compliance with the s189 process, said Communications Minister Nomvula Mokonyane.
The SABC says it expects that all employees and at all levels will be affected by restructuring which could affect 981 employees and 1 200 freelancers.
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.
Labour federation Cosatu has said it will engage with government on the recently released special paper marking out a roadmap for Eskom.
As many as 50 000 workers in the banking sector will be protesting against retrenchments on Friday.
Union Solidarity has asked Minister of Trade, Industry and Competition Ebrahim Patel to sit in on an ArcelorMittal meeting aimed at discussing the company's restructuring plans, which could see as many as 2 000 employees retrenched.
The Competition Appeal Court has heard that a merger between two mining companies would lead to substantial job losses, affecting the surrounding community.
Absa Group is restructuring its South African retail and business banking unit within months of reducing the division’s management team and rolling out a new strategy.
The cash-strapped public broadcaster issued the statement in light of what it says are incorrect reports that its board had taken a decision to suspend the retrenchment process.
Newly appointed Communications Minister Stella Ndabeni-Abrahams has drawn a line in the sand over proposed retrenchments at the SABC, according to a letter apparently leaked from her office.
Labour has expressed shock at the SABC's announcement of possible retrenchments in terms of Section 189 of the Labour Relations Act, questioning whether the broadcaster will be in a state to cover the elections in 2019.
The SABC incurred R570m in irregular expenditure during the 2017/18 financial year, bringing its total close to R5bn.
Cape TownemergeR560.00 - R580.00 Per Hour
Cape Town Southern Suburbs1st Contact T/A Sable International
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