Source: EWN Eskom announced on Tuesday afternoon (28 June) that load shedding would be escalated to Stage 6 from 4 pm until 10 pm on both Tuesday and Wednesday. The beleagured power utility says it’s under increased pressure because of an illegal strike at some...
NEWS
Every 24hrs of Stage 6 loadshedding costs R12bn
No end in sight for consumer pain
By Ashley Lechman for IOL There seems to be no reprieve for South African wallets as another hefty fuel increase is predicted for next week, as well as economists anticipating further interest rate hikes. The Organisation Undoing Tax Abuse (Outa) said on Monday it...
Refillable containers may be the solution to food affordability
Source: Supermarket & Retailer Gcwalisa is a local retail outlet that uses refillable dispensers to allow customers to buy a selection of basic food items and household products through a weigh-and-pay model, for as little as R5. Similar to how we used to buy...
Five WFH facts that management doesn’t want to admit
By Steve Prentice for CEOWORLD The concept of working from home ricochets around the media like an echo in a canyon, and the stories reveal an interesting duality. First, most employees whose jobs can be done from home actually enjoy it and would like all or at least...
Historically high office vacancies paint grim economic outlook
By Victoria Ashwin for BizNews Growthpoint painted a bleak picture for its retail, office and industrial sectors in its investor update released on 15 June. The company has a market cap of R44.8bn at the time of writing and is the largest listed real estate investment...
Can employers still enforce mask-wearing in the workplace?
By Lauren Salt for Mondaq After 818 days of mandatory mask-wearing, the Minister of Health, Mr Joe Phaahla, repealed the new National Health Act Regulations relating to the Surveillance and Control of Notifiable Medical Conditions (“NHA Regulations”)....
Message from the chairman: June 2022
In December last year, I informed the Board that I would step down as Chairman at the end of this financial year. So this is my final message to you, our members, and the industry as a whole. It’s been a turbulent 10 years with many challenges and changes, not...
Caxton’s takeover battle
Caxton probably has more familiarity with competition law than just about any other company in SA, including giants such as Sasol, Anglo or Telkom, according to a recent article in Business Day. The company’s latest outing before the competition authorities...
Suspensions can hang employers
By lvan lsraelstam, chief executive of Labour Law Management Consulting Suspension occurs when an employer requires an employee temporarily to vacate its premises for reasons related to alleged misconduct or poor performance. The effect of a suspension is that the...
Bank employee steals over R36m from dead client
By Alex Mitchley for News24 A former First National Bank employee has been arrested in Limpopo for allegedly stealing over R36-million from a deceased client. On Friday, the Hawks’ Serious Commercial Crime Investigation Unit arrested the 28 year-old suspect, who...
How to get your Kulula refund
By Maya Fisher-French for News24 After announcing the suspension of flights last week due to funding issues, Comair this week announced that it had applied for liquidation. The application will be heard in court on Tuesday. According to a press statement released by...
Biometric data can’t fix SA’s massive SIM fraud problem
By Rual de Vries for MyBroadband The Communications Risk Information Centre (Comric) says that relying solely on collecting customers’ biometric data to curb SIM swap fraud won’t do the trick. Comric is a non-profit organisation established by MTN, Cell C, Telkom,...