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.

effTimesLive reports that as higher education Minister Blade Nzimande once again outlined why free higher education for all was not a possibility, the EFF proposed a retirement fund levy to fund the country's fees shortfall.  

EFF (Economic Freedom Fighters) deputy leader Floyd Shivambu said a small levy should be charged on retirement funds which, according to his calculations, would create about R100bn in funding.  In Shivambu’s view, this amount, coupled with the government's estimated R33bn in funding through the department and the National Student Financial Aid Scheme, as well as increased corporate taxes, could create about R163bn in income to fund university education.

  • Read this report by Blanca Capazorio in full at TimesLive


Get other news reports at the SA Labour News home page