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IR Update: 18 December 2016

REMUNERATION Spier Estate’s “green” payment to employees Employees at the Spier estate in Stellenbosch will receive a portion of cash earned by the estate via carbon credits.  27 employees will be paid a share of half of the R204,000 earned for practising regenerative farming on part of the organically certified wine farm through a climate [...]

IR Update: 11 December 2016

DISPUTES, INDUSTRIAL ACTION & DEMONSTRATIONS PetroSA, Numsa and Ceppwawu The National Union of Metalworkers of SA (Numsa) declared a dispute and is waiting for a date to be given by the CCMA to submit argument that all staff at PetroSA should receive a bonus this year.  Despite a loss of R14.5bn at the cash-strapped state-owned [...]

IR Update: 4 December 2016

INDUSTRIAL ACTIONS AND DEMONSTRATIONS Johannesburg Metrobus Johannesburg bus service Metrobus announced that all its operations were back to normal on Thursday, following an illegal strike seemingly about the suspension of some bus drivers and the demand for the removal of monitoring systems from buses.  The strike was ended after the City of Johannesburg obtained an [...]