Today's Labour News

newsThis 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.

newsBusiness Report writes that, as SA continues to bleed jobs, labour is becoming more desperate in its plea for the government to rein in business to ensure retrenchments are the last resort and they start investing in the economy.  

Stats SA’s announcement on Tuesday that unemployment had increased to 27.1% drew the ire of labour federations Cosatu and Fedusa.  Cosatu spokesman Sizwe Pamla said it was unacceptable that companies were making mass profits while workers were shown the door.  They are worried “by the continuing investment strike by big business.”  Cosatu has called for stricter investment laws to ensure that merger and acquisitions do not result in job losses.  Fedusa called on the leadership of the social partners to focus on finding sustainable solutions to the constraints that have been identified for a more productive use of capital by a better skilled workforce.

  • Read this report by Amy Musgrave and Nomaswazi Nkosi in full at Business Report
  • Read too, Rise in jobless points to lack of growth, at BusinessLive

Get other news reports at the SA Labour News home page