In our Thursday roundup, see summaries
of our selection of South African labour-
related stories that have appeared since
midday on Wednesday, 22 June 2016.
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Guptas renew attempts to buy NUM’s 50% stake in mineworkers’ UBank Cape Times reports that the Gupta family are aggressively wooing the shareholders of mineworkers’ bank UBank in a bid to buy the financial institution to ease their banking woes. NUM to reject sale of ‘miners’ bank’ to Gupta company David McKay reports that the National Union of Mineworkers (NUM) said it would oppose an offer to sell its 50% stake in UBank to Oakbay Investments, a company owned by the politically-connected Gupta family. Gupta-owned Oakbay responds to claims it's buying UBank News24Wire reports that Gupta-owned Oakbay Investments on Thursday slammed media reports about an approach to buy UBank as "speculation", with "several significant untruths and misunderstandings".
Transnet employee falls to death while working on Mpumalanga bridge News24Wire reports that Transnet Limited's largest division, Transnet Freight Rail (TFR), has launched an investigation into the death of an employee who fell to his death while on duty on a bridge in Mpumalanga. Other internet posting(s) in this news category
Eskom raises wage offer to 7%, says NUM Reuters reports that power utility Eskom has raised its wage offer to 7% from 5.75% in negotiations with workers, the National Union of Mineworkers’ (NUM’s) spokesman said on Wednesday.
eThekwini warns of SMS scam targeting artisan development programme ANA reports that the eThekwini Metropolitan Municipality on Wednesday warned residents applying for the city’s artisan development programme of a scam in which con artists solicit an application fee via SMS.
Post Office union in programme of action from next week against outsourcing BDLive reports that the Influential Information and Communication Union of SA (IICUOSA) said on Wednesday it would embark on a programme of action from next week, in protest against outsourcing at the SA Post Office (Sapo). Other internet posting(s) in this news category
Cosatu charges that ‘racist white Boks lose on purpose’ The Citizen reports that labour federation Cosatu’s Western Cape secretary Tony Ehrenreich and a transformation group think some of the untransformed ‘Stellenbosch Mafia’ Springboks are ‘playing badly’ as part of a ‘classically’ racist plot.
Average disposable salaries grow just above inflation in May Fin24 reports that the average South African salary in May grew just above the estimated rate of inflation, according to the BankservAfrica Disposable Salary (BDSI) data released on Wednesday.
With downstream steel industry haemorrhaging jobs, tariff task force ‘too little, too late’ BDLive writes that the long-awaited establishment of a committee to look into the effect of import tariffs on the steel industry might be too little too late, with customers of ArcelorMittal SA (AMSA) haemorrhaging jobs at an increasing rate. How long will SABMiller and AB InBev’s pledge not to retrench last? BDLive reports that the Competition Tribunal said on Wednesday that SABMiller and Anheuser-Busch InBev (AB InBev) needed to state exactly how long their commitment not to retrench staff would stand.
Parliament reprimands staff after secretary snubbed at meeting EWN reports that Parliament's management has issued a terse statement, chiding employees who refused to allow secretary for Parliament Gengezi Mgidlana to address a staff meeting. Parliament’s secretary charges four Nehawu members with gross misconduct BDLive reports that Secretary to Parliament Gengezi Mgidlana has charged four officials of the National Education Health and Allied Workers’ Union (Nehawu) over disruptions to a staff meeting, the union said on Thursday.
Cape Town, Joburg among least expensive cities for expat workers Fin24 reports that a new survey by human resource consultancy Mercer ranks Cape Town and Johannesburg among the least expensive cities in the world for expatriate workers.
See our listing of links to labour articles published on the internet on Wednesday, 22 June 2016 at SA Labour News
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Get South African labour news reports at SA Labour News