Today's Labour News
This news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.
Last Update: 20-09-2024
SA Labour News
Reserve Bank eases into interest rate cutting cycle as inflation outlook improves
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BusinessLive reports that in a widely expected move, the Monetary Policy Committee (MPC) of the SA Reserve Bank (SARB) announced on Thursday a 25 basis-point cut in its benchmark repo rate, lowering it to 8%.
Hlaudi Motsoeneng loses ConCourt appeal bid as SIU so far recovers R6.47m of ‘success fee’
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TimesLIVE reports that the Constitutional Court (ConCourt) on Wednesday denied a bid by former SA Broadcasting Corporation (SABC) COO Hlaudi Motsoeneng to appeal against a Supreme Court of Appeal decision regarding the “success fee” he received from the public broadcaster.
Roodepoort man shot twice in his home in crossfire of warring zama zamas
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News24 reports that Roodepoort resident Mathews Byana was shot twice and wounded as warring illegal miners (zama zamas) opened fire on each other on Monday night.
Daily Maverick announces that it will be cutting jobs for the first time in its history
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Fin24 reports that Daily Maverick is retrenching 5% of its permanent employees and initiating a 15% reduction in operating costs, citing economic pressure in the media industry.
Morning roundup of labour news on Thursday, 19 September 2024
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In our Thursday morning roundup, see
summaries of our selection of South African
labour-related reports.