Today's Labour News

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southafricalogoBL Premium reports that the government intends to penalise JSE-listed companies not complying with employment equity targets with a minimum fine of R1.5m.

On Friday, the Department of Employment and Labour (DEL) said it had started inspections of JSE-listed companies. According to the DEL’s chief director for statutory and advocacy services, Fikiswa Mncanca-Bede, the government will inspect these companies in the first quarter of the year to monitor compliance with the Employment Equity Act (EEA). In 2018 the department gave local, publicly traded businesses an opportunity to rectify their employment equity plans. This followed a review by the director-general to test compliance with the EEA. After the review, an agreement was reached with organisations for the department to come back and assess and review compliance at a later stage. Government has its focus on larger companies after an amendment to the EEA in 2022, which now excludes employers who employ fewer than 50 employees, regardless of their annual turnover. According to Aggy Moiloa, deputy director-general for the DEL’s inspection and enforcement service, 24 years later there is little to show in terms of transformation in the workplace. She reported that in the 2021/2022 financial year, level of compliance and noncompliance in terms of the EEA were at 6% for compliance and 96% for noncompliance.

  • Read the full original of the report in the above regard by Mudiwa Gavaza at BusinessLive (subscriber access only)


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