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Introducing SAEFA’s New Chairperson The Leadership Vision of Mr Randir Singh

The Leadership Vision of Mr Randir Singh SAEFA proudly introduces Mr Randir Singh as the new Chairperson, an industry leader whose career, values, and vision reflect a deepcommitment to ethical leadership and sustainable sector growth. His appointment comes at a time when employers across SouthAfrica are navigating both complex challenges and...

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No-Cost Onsite Financial Wellness Support for Your Employees

We’re pleased to share a valuable opportunity for SAEFA member companies to support the financial wellbeing of their employees—at no cost to the company. As a follow-up to our recent financial wellness webinar with Masthead, they have offered to conduct onsite financial wellness workshops and one-on-one consultations with employees directly at...

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Increase in MIBFA Pension & Provident Fund Contribution Rates

Please note that, effective 1 July 2025, the employer contribution rate to both the Pension and Provident Funds will increase from 8.10% to 8.30%. The employee contribution rate will remain unchanged at 7.5%. This adjustment is made in accordance with the Funds Surplus Apportionment arrangements. Please find attached an information note outlining...

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Equity Evolution 2025: Navigating the Overhauled Employment Equity Regulations and Sectoral Targets

Following consultation meetings between the Department of Employment and Labour stakeholders in the Manufacturing Sector in mid-February 2025, SAEFA objected to the introduction of Sectoral Targets on multiple grounds.  Unfortunately, the DEL has ignored these objections and published the Sectoral Targets without amendment.  They have also completely overhauled the EE...

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