In what has been dubbed a landmark first for Absa group, the bank has confirmed it will launch its R11.2bn Black empowerment share scheme later this year. Subject to shareholder approval, the new broad-based black economic empowerment (B-BBEE) transaction is set to strengthen Absa’s B-BBEE credentials in South Africa. It will also provide communities as […]
Michael Morris’s most recent column refers (“ANC scandalously sustains apartheid legacy of racial laws”, January 30). The problem goes way beyond the ANC. The buck doesn’t even stop with the president, but with parliament. Ever since 1998 parliament has been complicit in the extralegal rewriting of the Employment Equity Act (EEA). All official statistics supposedly […]
“There are several small organisations that run their agencies intentionally, consciously, quietly and make decisions that interrupt the status quo. These decisions ensure a more humane, inclusive working environment and it is time for bigger organisations to follow suit,” she says. Makhubela believes there are five key points that need addressing for change to happen. […]
The good news is, according to the World Economic Forum’s (WEF) Global Gender Gap Report, the gap has actually been closed by 68%. But despite this progress, it will still take 132 years to achieve full parity. Worse still, according to data from the same report heading into 2020 (pre-pandemic), the gap was set to […]
Trade union Solidarity has provided screenshots from Eskom’s proposed Employment Equity Plan for 2023–2025 to prove the power utility has plans to get rid of 500 white male workers in the next two years. This comes after Eskom said in a statement on Friday, “there are neither plans nor decision to retrench any employees, whatever […]
South Africa remains the most unequal country in the world – says Employment and Labour Inspector-General, Moiloa 27 January 2023 There is very little to show in terms of transformation in the workplace in South Africa even after 24 years the country entered into democracy. This is according to the Department of Employment and labour […]
The amended Employment Equity (EE) Act of 1998 to empower the Employment and Labour Minister to regulate sector specific EE targets and to regulate compliance criteria to issue EE Compliance Certificate in terms of Section 53 of the EE Act will come into force on the first of September 2023 Department of Employment and Labour’s […]
