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.

AbsaANA reports that the Black Management Forum (BMF) on Tuesday demanded that Absa Bank should replace the outgoing chief executive Maria Ramos with a black executive.  

This came after Absa announced that Ramos would be retiring at the end of February when she turns 60.  RenĂ© van Wyk, a non-executive director since February 2017, will take over as interim chief executive with effect from 1 March.  Andile Nomlala, BMF president, said that Absa's executive and management team should reflect the necessary diversity and demographics of the environment in which it operated by appointing a black chief executive.  "A clear demand from the BMF is that that replacement must be a black South African. It's not at the exclusion of not having a white chief executive, but we demand that as we move towards a transformed society, a gender sensitive society and an inclusive society, it must be reflective of South African demographics," Nomlala said.  The BMF has mulled court action against state-owned arms manufacturer, Denel, over its appointment of a white chief executive, Daniel du Toit.

Get other news reports at the SA Labour News home page