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.

newsBusiness Insider SA reports that SA’s film and video industry has been devasted by the Covid-19 pandemic and associated lockdowns, while relief measures offered by government have been inadequate to stave off major job losses.

According to a report by the National Film and Video Foundation (NFVF), a subsidiary of the department of sport, arts, and culture, SA’s film industry contributed – both directly and indirectly – R7.2 billion to the country’s economy in 2019. This contribution dropped to just R2.9 billion over the past year due to the global pandemic. Prior to the pandemic, approximately 31,444 full-time equivalent jobs were sustained by the film industry. This dropped by around 60% over the past year to just 12,775 jobs sustained in 2020/21. But despite serious job losses – and annualised income derived by employees dropping from R218 million in 2019/20 to R88 million in 2020/21 – government has done little to assist the embattled film industry. Only 17% of respondents indicated that they had not applied for any of the public or private film support measures offered. Yet only 33% of applicants received some form of financial support over the past year. When asked whether the film industry has been afforded adequate support measures, 75% of respondents said no. Respondents cited flawed and convoluted application processes as a major stumbling block. But the tide is slowly turning, helped along by public-private collaborations, like the recently signed partnership between Netflix and the NFVF to fund local filmmakers.

  • Read the full original of the report in the above regard compiled by Luke Daniel at Business Insider SA


Get other news reports at the SA Labour News home page