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.

cosatuReuters reports that labour federation Cosatu announced on Wednesday it would stage a nationwide strike on 13 February over large-scale layoffs at ailing state-owned firms and at private companies.  

The decision poses a major threat to President Cyril Ramaphosa’s plan to revive the economy by cutting the government’s wage bill and reforming state firms that are drowning in debt and plagued by corruption.  The protest will also come just months ahead of national elections.  Cosatu spokesman Sizwe Pamla said threats of deeper job cuts at state-owned power utility Eskom and at public broadcaster the SA Broadcasting Corporation (SABC), as well as other government plans to squeeze headcounts, had prompted the nationwide strike decision.  “We’ve deadlocked with the government and private sector on the issue of having a moratorium on retrenchments, and in that situation we had no option but to apply for this strike,” said Pamla.  Eskom has announced plans to shed around 7,000 staff over the next five years, while the SABC plans to lay off around 1,000 permanent employees.  Numerous mining firms also plan massive layoffs.

  • Read Mfuneko Toyana’s report on this story in full at Moneyweb

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