Investors continue to mull mixed signals from the US Federal Reserve, continuing concerns about monetary policy tightening and a possible recession in the world’s largest economy
The BoE has spooked everyone by forecasting a peak in the rate above 13% this northern hemisphere autumn
Judge provided a temporary interdict against seizures until the industry’s internal appeal against the department’s decision that some labels are unlawful is complete.
The finance minister says the allegations are ‘fashioned to achieve narrow and selfish political ends’
Business Day TV spoke to Standard Bank CEO Sim Tshabalala
Spending allocations to increase to R812bn for the next three years, says finance minister
Food Safety Agency tells retailers and food producers it will seize vegan products with names that it says are for meat
The referendums may be held as late as January because Russian troops haven’t taken full control of the areas the Kremlin seeks to claim as its own
Anrich Nortjé took three wickets in the space of 10 balls to rip through the heart of the English batting
The luxury champagne lounge and cocktail bar is serving up a decadent high tea
A number of SA’s labour laws are set to come under scrutiny at Cosatu’s national congress in September, with the union federation pushing for amendments to some sections of the Labour Relations Act (LRA).
Cosatu wants section 189 of the LRA, which stipulates the procedures for retrenchments, to be strengthened to make it harder for employers to let go of workers. In an interview with Business Day last week, Cosatu general secretary Bheki Ntshalintshali said the law allows companies to retrench workers to "protect profits".
The proposed changes form part of Cosatu’s fight-back plan against mass retrenchments and the government’s lack of action on dealing with unemployment.
The federation is also setting the tone for a mass action plan that will culminate in a strike to force the government to impose a moratorium on all retrenchments until the jobs summit.
Section 77 of the LRA, which regulates protests to promote or defend the socioeconomic interests of workers, makes it hard f...
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email firstname.lastname@example.org or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.