HEADLINE: Staff need to own their jobs
ABSTRACT: Business formula means employees directly influence size of their bonuses
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HEADLINE: Car, steel sectors await strike blow
ABSTRACT: The car and steel manufacturing industries brace for crippling blows to their operations if strikes by members of two unions continue beyond this week
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HEADLINE: The thorny task of selling a business
ABSTRACT: Buying or selling a business used to be a straight-forward commercial deal but now there is a taxation minefield that leaves both buyer and seller confused
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HEADLINE: Tax Act redefines labour relations
ABSTRACT: Companies or trusts falling defined as a "personal service company or trust" now face deductions of employees' tax from remuneration at a rate of 35% or 42%
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HEADLINE: Mdladlana takes over youths' jobs fund
ABSTRACT: The labour ministry is to take over the running of the R855-million Umsobomvu fund established three years ago to create job opportunities for the youth
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HEADLINE: WCape unit to curb land invasions
ABSTRACT: A quick response unit was recently established in the Western Cape to counter the spate of illegal land occupations, a spokesman for premier Gerald Morkel says
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HEADLINE: COSATU Strike planned for 29 / 30 August 2001
Cosatu says it will call for a two-day national anti-privatisation strike later this month, in what would be the biggest politically motivated stayaway in recent years.
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HEADLINE: NUM to strike against Eskom
ABSTRACT: The 31,000-strong union believes it will bring the utility to its knees, but Eskom says it has made contingency plans and that the strike will not affect essential services
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HEADLINE: Banks fear effects of brain drain
ABSTRACT: An annual survey reaffirms fears among leading bankers of a brain drain as violent crime, affirmative action and career opportunities lure skilled people overseas
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HEADLINE: SA's employers ignore talent
ABSTRACT: Employers too often ignore the talent that is under their noses, leaving it too late to develop these employees into a new management echelon for the company
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HEADLINE: New 'green' laws for SA
ABSTRACT: A comprehensive revamp of South Africa's environmental laws is on the cards, with tougher measures geared towards cracking down on corporate pollutants
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HEADLINE: Numsa threatens strike in key sectors
ABSTRACT: The metalworkers' union has declared disputes with vehicle manufacturers and Eskom, and is close to declaring disputes in the tyre and motor retail industries
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HEADLINE: Black empowerment not against whites
ABSTRACT: Black economic empowerment was not meant to exclude whites but to create a balance as black people were historically given no chance to participate in the economy, says Dullah Omar
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HEADLINE: Crafting the golden handcuffs
ABSTRACT: The remuneration of top executives is no longer a private decision by the company board or CEO, as packages are now scrutinised by shareholders and other parties
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HEADLINE: Govt launches Aids training course
ABSTRACT: The first HIV-Aids training course for government planners will by launched by Social Development Minister Zola Skweyiya today to mark World Population Day
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HEADLINE: Unions lower wage demand by 1%  
ABSTRACT: The public sector unions involved in salary talks with the Public Service Bargaining Chamber for over a month lower their wage demand from 10% to 9%
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HEADLINE: Metrorail wage negotiations fail
ABSTRACT: Wage negotiations between the United Transport and Allied Trade Union and Metrorail ended without an agreement which could see more commuters standed on Monday
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HEADLINE: Agreement struck on labour reform
ABSTRACT: Organised business and labour have struck a deal on a package of changes on labour reform and insolvency to be negotiated at Nedlac
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HEADLINE: SA Q1 GDP growth seen at 2.7% q/q
ABSTRACT: Economists predict that GDP growth will come in at 2.7% quarter-on-quarter seasonally adjusted and annualized in the first quarter, down 50 basis points from 3.2% in fourth quarter 2000
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HEADLINE: UN warns of Botswana's Aids threat
ABSTRACT: The UN is warning that Aids could wipe out Botswana's economic successes, shirking the economy by 30% in the next 15 years
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HEADLINE: Salaries and sunshine in South Africa
ABSTRACT: South African bankers and traders are on a par with their foreign counterparts in salary packages, even in nominal terms, according to a survey by global recruitment specialist Robert Walters Plc
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HEADLINE: UIF will still pay out says official
ABSTRACT: UIF Commissioner Shakes Mkhonto says the cash-strapped Unemployment Insurance Fund (UIF) will continue paying beneficiaries from a 90m overdraft
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HEADLINE: Retrenchment deal struck on forests
ABSTRACT: Government's restructuring of State-owned forests seeks to ensure that it meets its obligations on land rights and avoids labour conflict. Shareen Singh reports
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HEADLINE: Medical aid nightmare looms for SA
ABSTRACT: The cost of medical aid is rising at double the inflation rate and a new survey says employees could be spending 30% of their salary on medical aid by 2009
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HEADLINE: Aids to cut swathe through teachers
ABSTRACT: Education Department says educator-pupil ratios are expected to reach 1 to 50 by 2006. Donwald Pressly reports
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HEADLINE: Asmal charts improvement at schools
ABSTRACT: Education Minister says that student to teacher ratios have improved from 43-to-1 to 35-to-1 since 1996. Donwald Pressly reports on Kader Asmal's presentation to MPs on the work his staff are doing
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HEADLINE: Union to protest against 11 retailers
ABSTRACT: The SA Clothing and Textile Workers Union tables a notice of possible protest action against 11 retailers, including issues such as high levels of imports. Lynn Bolin reports
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HEADLINE: Outlook poor after markets lose ground
ABSTRACT: Outlook for today is poor, with markets set to fall, Econometrix writes in today's market comment
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HEADLINE: Num, AngloPlats meet on retrenchments
ABSTRACT: The National Union of Mineworkers is meeting with AngloPlats management to discuss the retrenchment of 1,088 worker, with Num labelling the mass sacking as 'a racist thing'
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HEADLINE: Saldanha Steel to shed 15% of workers
ABSTRACT: Saldanha Steel, which is losing R1bn a year, is to shed up to 15% of its 880 workforce in an effort to cut the labour bill from 9.3% to 7,7%
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HEADLINE: Southern Africa adapts to labour pains
ABSTRACT: FOCUS: While the union movement holds clear influence in the region, political observers believe labour pains will be skilfully managed in South Africa. Donwald Pressly reports
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HEADLINE: Wage talks at mine deadlocked
ABSTRACT: A strike could be imminent at SA's Palabora Mining Company's copper mining operations after negotiations on wages with the National Union of Mineworkers deadlocked
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HEADLINE: Labour deal awaits workers' opinion
ABSTRACT: Trade union and business representatives have compromised on labour law reform. The government has supported some of the changes. Now the parties are trying to sell the deal to their members. Shareen Singh reports
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HEADLINE: Court finds for NUM on South Deep
ABSTRACT: The decision enables mineworkers affiliated to the NUM to embark on a protected strike to protest against the mine's decision to scrap part of an existing leave
policy
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HEADLINE: Job losses up despite economic recovery
ABSTRACT: Job losses in the formal employment sector have accelerated over the last year, a paradox in light of the fact that economic growth is riding on the crest of a four-year high
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HEADLINE: Unemployment is major youth concern
ABSTRACT: A study on South African youth finds that 62% of economically active youth were unemployed, and they were not looking to government for answers, writes Chantelle Benjamin
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HEADLINE: Skills poser for SA's digital market
ABSTRACT: While knowledge is the currency of the internet economy, South Africa is in the midst of a skills shortage which means it is ill equipped to service this growing market
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HEADLINE: Joblessness, Aids expected to rise
ABSTRACT: Youth unemployment is expected to climb towards 60% and 70%, while the incidence of HIV/Aids in the workplace - already 18% - is expected to grow to 26% in just five years. Ray Faure reports
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HEADLINE: SA's employment equity deceptive
ABSTRACT: While South Africa companies appear to be meeting their employment equity targets of 74%, this is deceptive as 67% of yearly terminations are of black employees
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HEADLINE: Set wages for farmworkers mulled
ABSTRACT: Labour Minister confirms that there are processes in motion to finalise the determination of minimum wages for farm and domestic workers this year. Donwald Pressly reports
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HEADLINE: Excluded workers top UIF agenda
ABSTRACT: The outcry over the exclusion of domestic and seasonal workers from the new Unemployment Insurance Fund Bill has prompted parliament to promise to "fast-track" the matter
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HEADLINE: UIF Bill fails SA's poorest
ABSTRACT: The Unemployment Insurance Fund Bill, currently before parliament, fails to protect the poorest workers as it excludes domestic and seasonal workers and public servants © http://www.netassets.co.za Subscribe to Netassets Daily Mail

HEADLINE: Professionals choosing the solo route
ABSTRACT: An increasing number of professionals are opting for self-employment, but pursuing the illusion of being your own master is often not as comfortable as it seems © http://www.netassets.co.za Subscribe to Netassets Daily Mail

HEADLINE: The lure of the headhunter
ABSTRACT: Corporate headhunting is a serious business, characterised as it is by a minimum R500,000 annual package for candidates and a stringent selection process © http://www.netassets.co.za

HEADLINE: One in 9 have HIV: Health Ministry
ABSTRACT: The infection rate among pregnant women tested at public antenatal clinics in SA has climbed to about 24.5% at the end of last year compared with 22.4% in 1999, and 22.8% in 1998 © http://www.netassets.co.za

HIGH COST OF E-SITES
A UK report reveals the cost of changing an average business site of 5,000 pages is around $500,000 and needs eight staff to operate and maintain it. Net News, which runs three large and profitable Web sites with a total staff of 4, is amazed. See http://www.mediasurface.com/campaigns/campauk/roi/ © News Interactive. Australia Click here to Subscribe

IN BRIEF: 21 Feb - Budget 2001

IN BRIEF: Unions win right to strike against layoffs
IN BRIEF: CCMA aims to shift cases to private sector
IN BRIEF: Numsa, Nampak in row over expected job losses
IN BRIEF: Unions give media a rough ride over labour relations' coverage

HEADLINE: Mbeki hints at labour market review
In an upbeat speech at the opening of parliament on Friday, President Thabo Mbeki hinted that there would be a review of the labour market and the high cost of labour

HEADLINE: University ordered to pay millions
ABSTRACT: The University of the North has been ordered by the Labour Court in Johannesburg to pay millions of rands in retrenchment packages to about 140 employees, SABC radio news reported
URL: http://www.netassets.co.za

HEADLINE: Court stops VW workers from returning

ABSTRACT: The Labour Court is granting Volkswagen SA an order that prevents the 1,300 dismissed workers at its Uitenhage plant from returning to work on Monday. 4/02/01
URL: http://www.netassets.co.za

HEADLINE: Strike shakes security all round
ABSTRACT: It's not so much race as size that's the problem in one of one SA's fastest-growing sectors and biggest employers where the number of active registered guards is increasing at more than 11% a year
URL: http://www.netassets.co.za

HEADLINE: Telkom union, Cosatu to meet Radebe
ABSTRACT: Labour unions plan to meet Public Enterprises Minister Jeff Radebe to demand the board of Telkom be replaced and that the company reinstate 2,374 workers that had been laid off.
URL: http://www.netassets.co.za 

HEADLINE: Security strike talks go on into the night
ABSTRACT: Talks to resolve the strike by security guards went on into the night after there had been little progress in the afternoon.
URL: http://www.netassets.co.za 

HEADLINE: Cosatu threatens stayaway in March
ABSTRACT: Cosatu has threatened that it would consider a national stayaway next year, between March 28 to 30, if the Labour Relations Act is not amended
URL: http://www.netassets.co.za 

HEADLINE: Unions fear summit means job losses
ABSTRACT: Trade unions accuse government of trying to use the public sector job summit to get them to agree to retrenchments
URL: http://www.netassets.co.za 

HEADLINE: Mineworkers Union and SAWU merge
ABSTRACT: The Mineworkers Union and the SA Workers Union will merge to form what they believe is the largest labour movement not affiliated to the Congress of SA Trade Unions
URL: http://www.netassets.co.za 

NEW MAXIMUM EARNINGS CEILING -  7 December 2000 

The Minister of Labour has approved an increase in the maximum earnings ceiling by virtue of which a person qualifies as a contributor to the Unemployment Insurance Fund, with effect from 1 January 2001. Contributions will from this date be payable in respect of all employees earning R 97 188.00 and less per annum. The increase was announced in Government Notice No. 1197 that was published in Government Gazette No. 21786 dated 23 November 2000. 

Top rated news from NetAssests

HEADLINE: Upsurge in labour productivity
ABSTRACT: Strong productivity growth has become a permanent feature of the domestic economy, says the Reserve Bank

HEADLINE: Gays, lesbians to sue over pensions
ABSTRACT: The lesbian and gay community are set to launch a High Court action against the government over discriminatory practises in its state pension scheme. Rob Rose reports.

HEADLINE: White men dominate salaries
ABSTRACT: The established order continues at the top, with white men dominating pay packets but a select band of black women are starting to coin it.

HEADLINE: New ways of managing directors
ABSTRACT: Top-heavy boards are diminishing globally, with the remaining directors assuming greater responsibilities - and this trend is beginning to seep into SA.

Amazon.com Workers Begin Union Drive
The e-retailing giant may be part of the new economy, but it now faces an old-economy problem as employees complain about low wages and forced overtime.

International Labour and Human Resources Trends & Developments

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