South African Economy | Labour news

Eskom consulting executives on possible job cuts

Nov 07 2018 16:17

State-owned power utility has started consultations about possible job cuts for executives as the cash-strapped company looks to rein in soaring costs despite stagnant electricity output.


We have to cut costs or the SABC may collapse, says CEO as almost 1000 jobs on the line

Oct 31 2018 13:14

“As the executives we are committed to ensuring that we turn around the SABC … do we do what is right, or do we let the SABC collapse?" asked the group's CEO Madoda Mxakwe.


SA's unused lunch breaks add up to 500k per employee - survey

Oct 23 2018 06:15

The average South African contributes over R500 000 in free work hours due to unused lunch breaks over their lifetime, a recent survey has shown.


Protect existing jobs first, says Fedusa general secretary

Oct 22 2018 22:00

Protecting existing jobs remains the first responsibility for organised labour in SA, Dennis George, general secretary of Fedusa, tells Fin24.


Reskilling a priority to prepare workers for the fourth industrial revolution - report

Oct 07 2018 09:30

A significant amount of reskilling and upskilling is necessary to prepare the workforce for future jobs created by the fourth industrial revolution, according to a report.


Jobs Summit interventions 'doable' - Ramaphosa

Oct 05 2018 16:18

Interventions put in place at the Jobs Summit will help SA's sluggish economy on the path to recovery, President Cyril Ramaphosa has said.


Jobs crisis: We all took our eyes off the ball, says BUSA vice president

Oct 05 2018 13:35

Business Unity South Africa vice president Martin Kingston says the last decade saw "significant damage" being done to the country due to various stakeholders dropping the ball - and it will take a long time to undo.


9 ways business and govt plan to create 275 000 jobs every year

Oct 05 2018 07:37

Fin24 looks at nine plans agreed to by business organisations, government, labour and community groups at the Jobs Summit in Midrand to almost double the number of jobs created every year.



#JobsSummit: 'We don't have all the answers, but it's a process'

Oct 04 2018 16:57

Business, labour, government and the community sector have been working for three months under the auspices of the National Economic Development and Labour Council (Nedlac) in preparation for the Jobs Summit, in a bid to tackle the current unemployment rate of 27.2%.


R100bn boost for Ramaphosa's Jobs Summit

Oct 04 2018 18:28

The financial sector has committed R100bn over the next five years to support black businesses, President Cyril Ramaphosa has announced.

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