This 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.
Fin24 reports that the Competition Tribunal announced on Thursday that it has approved – with conditions – the merger between Clicks and Netcare’s in-hospital “front shops”.
Clicks will assume control of all Medicross pharmacies on 1 December 2016 and the 45 retail front shops of the Netcare hospital division on 1 February 2017. The merger excludes the dispensing of prescriptions in the hospital pharmacies, which will remain with Netcare Pharmacies operations. Netcare CEO Richard Friedland and Clicks CEO David Kneale confirmed that specific staff members involved in Medicross and the retail front shops in the hospitals will be transferred to Clicks, on terms similar to their current conditions of employment. Netcare and Medicross staff members indirectly affected will remain in the business on their current conditions of employment, meaning that that there will be no loss of jobs as a result of the transaction.
- Read this report by Matthew le Cordeur in full at Fin24
Get other news reports at the SA Labour News home page