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Sactwu foregoes dividends from its investments to save jobs

The Southern African Clothing and Textile Workers Union’s (Sactwu’s) efforts to make a go of struggling clothing manufacturing operations has seen it sacrifice dividend flows in a bid to retain jobs.

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Post Office rightsizing would see some 22% of workforce slashed

The SA Post Office (Sapo) is to be radically right-sized with about 22% of its workforce due to be offered early retirement, retrenchment or new posts in other parts of the organisation.

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Subsidised fancy meals for Eskom workers amid power cuts

State power utility Eskom is spending an undisclosed fortune on lamb chops, chicken casserole and cream croissants served to thousands of employees at a substantial discount.

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Amplats job cuts slammed by mineral resources portfolio committee

The Parliamentary Portfolio Committee on Mineral Resources has expressed outrage over a decision by platinum producer Anglo American Platinum (Amplats) to retrench more than 400 workers.

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Telkom makes provision to spend R591m on retrenchments and voluntary separations

Telkom has made a provision for retrenchment and voluntary severance packages of approximately R591m, according to an operational update from the company on Wednesday.

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