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.

cosatuBusiness Report writes that Cosatu has welcomed the decision of Parliament's Public Enterprise Committee to institute an urgent inquiry over Eskom’s reappointment of Brian Molefe as CEO.   

The labour federation said on Wednesday it hoped it would be a wide-raging investigation.  It added that this inquiry would help spare the country of any further humiliation sparked by Molefe’s return to the power utility.  Saying that the ‘Molefe saga’ also placed a spotlight on the culture of exorbitant salaries for company executives, Cosatu  expressed the hope that Parliament would consider introducing legislation that would regulate remuneration of both public and private sector executives.  It said that because the country faced a high wage inequity gap between executives and subordinates, it was unacceptable that executives' high salaries went unchallenged.


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