COVID-19 could see SA’s economy shrink by up to 4% - Reserve Bank
Business
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Labour unions prepare to present alternative plans to save SAA
In its plan, Satawu, which represents workers at SAA Technical, proposes that the airline should explore equity partnerships, which must include employee cooperatives.
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NTM calls for SAA’s rescue plan to be published without delay
The National Transport Movement said the plan should be released so that the airline’s employees could find closure.
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SAA's BRP accused of failing to consult unions over retrenchments
Numsa and the South Africa Cabin Crew Association gave SAA's rescue practitioners until the end of Tuesday to make available their plan to them to study or face legal action.
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Numsa, Sacca to approach courts to compel SAA to consult unions
The unions are adamant they were not consulted as stipulated in the Companies Act.
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Court ruling on SAA retrenchments a ‘travesty of justice’, says Numsa
Numsa and Sacca, the two key unions at the airline, approached the court to apply for an interdict against retrenchments without sufficient consultation.
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Judgment reserved in unions’ appeal to halt SAA retrenchments
The National Union of Metalworkers of South Africa (Numsa) and the South African Cabin Crew Association want to stop SAA from laying-off workers as part of its turnaround strategy.
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Numsa threatens another strike if plans to cut SAA jobs not halted
The union approached the Labour Court on Tuesday seeking to interdict the airline’s business rescue practitioners from implementing job cuts.
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Numsa: SAA managers still running show despite being under business rescue
The union, together with Sacca, filed papers in the Labour Court seeking to interdict the airline’s business rescue practitioners from retrenching workers.
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Numsa claims 'secret plan' under way to sell SAA
The union and the South African Cabin Crew Association filed papers in the Labour Court earlier on Tuesday seeking to interdict the practitioners from implementing job cuts.
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Unions lash SAA for 'failing to consult' employees over cancelled routes
Numsa and Sacca were insisting there were other ways to save the airline instead of cutting routes and threatening job security.
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SAA jobs cuts inevitable, say business rescue practitioners
This comes as the state-owned entity prepared to implement more drastic measures in a bid to save costs by discontinuing flights to 11 destinations.
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Business rescue practitioners urged to intensify efforts to ease SAA's cash woes
The national carrier has scored a R3.5 billion cash injection from the Development Bank of Southern Africa aimed at helping with operations and improving productivity.
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Unions warn of thousands of job losses should SAA collapse
The national carrier last month received R3.5 million in emergency funding from the Development Bank of Southern Africa and entered a form of bankruptcy protection in December.
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Hisense obtains court order to stop striking workers from halting production
The 300 employees are on strike demanding better pay they want a 15% wage hike. The National Union of Metalworkers of South Africa (Numsa) is leading the industrial action.
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Numsa throws its weight behind fight against job cuts at Telkom
The telecommunications company, which has racked up over R11 billion worth of debt, announced it would be shedding thousands of jobs due to a weak economic environment and a rapid change in technology.
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Hisense factory workers in Atlantis on strike over better pay
The National Union of Metalworkers of South Africa is leading the industrial action.
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Numsa, NUM call for Eskom board to be removed immediately
Employees belonging to the unions held their picket on Wednesday afternoon in Johannesburg to submit a memorandum to the Eskom management.
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Why Eskom workers will picket at Megawatt Park today
Numsa said workers would be picketing between noon and 1 pm on Wednesday afternoon.
