IR Update: 13 December 2015

SALARY & WAGE NEGOTIATIONS The SA Municipal Workers’ Union (Samwu) in Tshwane announced this past week that between 200 and 300 of its members employed by the Sandspruit Works Association (a municipal entity of the City of Tshwane) would officially be on strike from last Wednesday. Sandspruit Works Association, trading as Odi Retail Water, [...]

IR Update: 29 November 2015

SALARY INCREASES & WAGE NEGOTIATIONS Nehawu and parliament The National Education Health and Allied Workers' Union (Nehawu) stated it would continue to meet Parliament's management over the disputed bonus calculations until there was an agreement. Their demand is for Parliament to pay performance bonuses based on annual total packages. Last Wednesday Parliament [...]

IR Update: 22 November 2015

SALARY INCREASES & WAGE NEGOTIATIONS Du Toit Agri and Fawu Fresh fruit producer Du Toit Agri has reacted strongly to strike action by members of the Food and Allied Workers Union (Fawu) at its Ceres-based packing operations, who are in dispute over pay and working conditions. However the company insists the union is not [...]

IR Update: 15 November 2015

SALARY INCREASES & WAGE NEGOTIATIONS Fawu strike at Du Toit Agri Group About 1,500 workers, all members of the Food and Allied Worker’s Union (Fawu) employed by the Du Toit Agri Group in Ceres, Prince Alfred Hamlet and Humansdorp have been strike since last week Thursday. The company is a packer and exporter of [...]

IR Update: 8 November 2015

SALARY INCREASES & WAGE NEGOTIATIONS Sibanye Gold and Amcu Sibanye Gold says it will not hold further wage talks with the Association of Mineworkers and Construction Union (Amcu) over wage increases following four months of negotiations. Amcu members voted in October to strike in the gold sector, including at Sibanye, but agreed not to [...]

IR Update: 1 November 2015

WAGE NEGOTIATIONS Zimbabwean firms call for cuts in salary and utility costs  The Confederation of Zimbabwean Industries (CZI), which represents the country’s biggest industrial companies, wants the local government to introduce laws that will see salaries and utility costs cut after the plunging currencies of neighbours South Africa and Zambia made them uncompetitive. [...]

IR Update: 25 October

HEADLINES Business rescue proceedings failing South Africa has developed similar legislation as the US and Europe to save companies in financial distress, yet the level of success in this country remains limited (as per an article by Amanda Visser). The Companies and Intellectual Property Commission (CIPC) reported in March this year that four years [...]

IR Update: 18 October 2015

HEADLINES Chamber of Mines: Coal mines’ agreement Agreement has been reached at the Chamber of Mines that brings an end to the strike embarked upon by the NUM (which also brings to a close the months-long wage negotiations). The agreement was concluded between the Chamber and NUM, Soldarity and UASA and provided for, [...]