Minister of Employment and Labour, Thulas Nxesi, has announced an increase in the NationalMinimum Wage effective from the 01st of March 2024. The minimum wage of R25.42 per hour will increase to R27.58 per hour, an increase of approximately8.5% from March 2024. Employers may apply for exemption from the National Minimum Wage...
Given the current state of the South African economy, political and policy uncertainty, and the pending closure of two of Arcelor Mittal’s plants, businesses may have to consider the possibility of implementing retrenchments. According to recent reports, ArcelorMittal’s announcement to shut down its long steel products business and cut as...
I was informed by the MEIBC General Secretary that there is a fraudulent circular /document which is purported to be from the MEIBC office. The circular/document is titled " Special Council Levy Payable in Terms of the Dispute Resolution Agreement". The body of the circular makes reference to the Sick Pay Fund. Subsequent to...
We understand that achieving maximum BBBEE Ownership points is of paramount importance to your business. To that end, we are pleased to introduce you to an innovative solution that allows you to qualify for these points into perpetuity without relinquishing any shares in your operating business. The Sale & Leaseback Opportunity...
Judgment has been handed down in Van Wyk and Others v Minister of Employment and Labour (2022-017842) [2023] ZAGPJHC 1213, whereby maternity leave and parental leave provisions in the Basic Conditions of Employment Act and UIF Act have been ruled invalid, as they conflict with the Constitution. Although the invalidity has been...
Last year, the Main Agreement was extended to non-party employers, including members of SAEFA. Whilst every effort will be made to challenge this extension, until such time as we successfully overturn the extension, the Main Agreement is applicable to all scheduled employees on the shop floor. On Wednesday, 15 November 2023, SAEFA,...
As you are aware the Minister of Employment and Labour has gazetted and extended the Main Agreement to non-parties with effect from 17 October 2022. It is obligatory to implement the Main Agreement provisions at all metal and engineering industry businesses. We have previously circulated a link to download the Government...
