News

South African Engineers and Founders Association

21 October 2020

2020 has been a nightmare for most businesses.  With a National State of Disaster announced only days before the implementation of a nationwide lockdown, employers were left scrambling to put measures in place to safeguard employees, which affected their annual leave balances.  Coupled with this, many companies have suffered terrible financial losses as a consequence of the lockdown and the prospect of facing a December period of no income and an enormous wage bill is incredibly daunting.

To assist companies, SAEFA is running a free webinar on 28 October and 5 November, where we will answer all of your questions and address all of your concerns around the end of the year shutdown period (even if you are not able to shut down). 

To book please contact This email address is being protected from spambots. You need JavaScript enabled to view it.

9 September 2020

Please see update below on the wage negotiations which took place yesterday:

Wage Negotiation Advisory No. 32

14 October 2020

Please see below the new Consolidated Directions on OHS in the Workplace, together with accompanying explanation, for your information.

October - Consolidated Directions on Ocupation HS in the workplace COVID-19

Consolidated COVID-19 Direction Explained - 13 October 2020

 

 

4 September 2020

Many of you will have seen propaganda sent out by SEIFSA (below) referring to the adoption of their agreement with the trade unions.  It’s unfortunate (although not surprising), that SEIFSA is once again, being extremely liberal with the truth in this circular.  In terms of sections 31 and 32 of the LRA, in order for an extension of an agreement to occur, the agreement needs to be adopted as an agreement of a bargaining council.  At the Manco of 1 September 2020, SEIFSA and the trade unions proposed that their agreement be formally adopted as an agreement of the MEIBC.  This did not happen.  In fact, the President of the MEIBC did not even allow the matter to go to a vote, as the negotiations which preceded the signing of their agreement did not comply with the MEIBC Constitution.  If you look very carefully, you will notice that the letter actually never says that the agreement has been adopted as an agreement of the Council (as I’ve explained, a requirement of the LRA for extension).  It talks about the fact that the parties (i.e. SEIFSA and the unions) have adopted their agreement.  Well, of course they have – it’s their agreement!  It was “adopted” the minute they agreed!  The reason why they’ve sent this circular out is to create the impression that their agreement has been adopted by the Council (which it HAS NOT) and that it may be extended - something that SAEFA and other employers organisations will not allow.

MA Negs 2020 SEIFSA and Trade Unions Adopt Stand-Still Main Agreement

23 September

Please see below s77(1)(d) notice on loading capacity in public transport. Please note that COSATU is calling for different forms of protest today followed by a national stayaway on 7 October. The notice is based on a NEDLAC certificate issued yesterday (attached) in respect of the loading capacity on public transport.

For employees not reporting for work to enjoy protection, the union will need to have given at least 14 days’ notice of the protest action. Thus, any absenteeism today for purposes of participating in the protest action will not be protected. The national stayaway on 7 October 2020 will be protected and employees who participate therein will enjoy protection in respect of their absence from work. The principle of no-work-no-pay applies.

COSATU S77 Protest Action on Public Transport challenges

 

21 August 2020

 

Please see below update following the Main Agreement negotiations that took place yesterday. We have also included a memo that may be used to place on your notice boards for your employees’ attention.

Wage Negotiation Advisory No. 31

SAEFA Agreement

Notice to member company employees - 20 August 2020

18 September 2020

Please find below an update following the Main Agreement negotiations which took place earlier in the week:

Wage Negotiation Advisory No. 33

6 August 2020

With many otherwise strong businesses suffering as a result of the lockdown, cashflow is more critical than ever.

SAEFA, in conjunction with Succession Capital, will be hosting a complimentary webinar for members on Thursday, 13 August 2020 at 14h00 to help you to access the cash you may need.

 The webinar will cover:

Funding in the form of trade finance, invoice or purchase order discounting, through to working capital or steel inventory finance.

M&A funding if you are considering a sale of all or part of your business, or acquiring another business.

Structures such as the sale and leaseback of commercial property can also be very successful, and SC has the appropriate relationships to facilitate those.

Raising capital through equity by accessing exceptional and diverse providers of equity capital.

Should you wish to participate, please send an email to This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it. and we will send you a link to the webinar.

Please note that all discussions are strictly confidential and come with no obligations to continue.