Today's Labour News

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cosatuCape Times reports that labour federation Cosatu has welcomed a Pretoria High Court judgement that set aside the R5 billion contract awarded to Thuja Capital for a jobs creation project.

On Friday, the court ruled that the Thuja Capital deal was invalid, and also interdicted Mthunzi Mdwaba, CEO of Thuja Holdings, from making further defamatory remarks against Department of Employment and Labour (DEL) Minister Thulas Nxesi. Mdwaba had claimed that Nxesi solicited a R500 million bribe for the deal to be implemented. He had also implicated Finance Minister Enoch Godongwana, Higher Education Minister Blade Nzimande, as well as ANC secretary-general Fikile Mbalula in the alleged tender bribe. Cosatu’s Matthew Parks said the federation was shocked in 2023 by seemingly “very suspicious and underhanded” attempts to siphon R5 billion from the UIF to what appeared to be a get rich scheme by Thuja Capital. “We welcome the Minister for Employment and Labour, Thulas Nxesi’s appointment of a forensic audit into this scurrilous failed deal. It is critical this report be released to the public and that its recommendations on action to be taken against persons found wanting inside and outside the state be effected,” Parks said. He also urged Nxesi to expedite plans to overhaul the Unemployment Insurance Fund to ensure that workers could apply for with ease and receive their monies timeously.

  • Read the full original of the report in the above regard by Mayibongwe Maqhina at Cape Times

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