BEE Commission does it again!
EconoBEE would like to commend Ms Zodwa Ntuli and her team at the BEE commission for their recent excellent work. On the 23rd of April news broke regarding dodgy BEE schemes that don’t provide voting rights, economic interest and/or net value. An astonishing number of these had been awarded points by verification agencies in the…
Rand Water Major Shutdown on 24th June for 54 Hours
Johannesburg Water Media Release 18 June 2019 RAND WATER MAJOR SHUTDOWN Johannesburg Water advises all residents of the City of Johannesburg that Rand Water which is our main bulk water supplier is planning a major shutdown that will affect all our reservoirs and towers in terms of water supply for 54 hours from 24 June…
Debate Hots Up Re: Legal Representation At Disciplinary Hearings
Item 4 of the Code of Good Practice: Dismissal (The Code) contained in Schedule 8 of the Labour Relations Act (LRA) states that, when an enquiry is held into an employee’s alleged misconduct “The employee should be allowed …… the assistance of a trade union representative or fellow employee.” It is on this basis that…
The City of Johannesburg’s Debt Rehabilitation Programme
MMC Funzela Ngobeni answers your questions on the upcoming Debt Rehabilitation Programme What is the debt write-off report approved in council on 13 June 2019?It is a report for the once-off debt write-off for the rehabilitation of defaulting residential debtors. What does the report aim to do? The purpose of the write-off is to rehabilitate…
SACCI Press Release – Trade Conditions Survey – May 2019
Improved Trade Expectations Trade conditions as reflected by the Trade Activity Index (TAI) at 41 was marginally higher in May 2019 compared to 37 in April 2019. The seasonally adjusted TAI for May increased by 1 index point on April 2019 and was also 1 index point higher than in May last year. A tough environment…
SACCI statement in response to the post ANC NEC Lekgotla announcements on the SARB
Friday 7th June 2019 In a statement issued by the South African Chamber of Commerce and Industry (SACCI), the CEO of SACCI Mr Alan Mukoki said: QUOTE: The post ANC NEC Lekgotla announcements, pronouncements and denouncements are precisely the problem that should be avoided at all costs, as all these cause markets instability. The issue…
SACCI Business Confidence Index May 2019
SACCI PRESS RELEASE – BUSINESS CONFIDENCE INDEX (BCI) FOR MAY 2019 Marginally lower Business Confidence SACCI’s Business Confidence Index (BCI) declined to 93.0 in May 2019 from 93.7 in April 2019 and was also one index point lower than the 94.0 level in May 2018. The May 2019 BCI level of 93.0 indicates that the business…
Fundraising for 1st Randburg Scout for trip to Jamboree
RCCI support the efforts of a young man who is trying very hard to raise the balance of funds needed to enable him to attend the 24th World Scout Jamboree to be held in North America during July and August 2019. Approximately 40,000 scouts representing over 160 countries will be attending this event Please read the…
Managing Shop Stewards Can Be Tricky
Trade unionism can mean problems for any employer. Due to their uncertainty as to the rights of unions many employers unnecessarily give to unions rights that they are not legally required to give them. Just as often employers lose out because they fail to accord to unions rights that have been conferred by law. The…
SACCI Statement – Reaction to the New Cabinet
Media Release Thursday 30 May 2019 SACCI Statement – Reaction to the New Cabinet SACCI welcomes the appointment of the new cabinet by President Ramaphosa. We acknowledge the statement made by the President at the event that growing the economy and fixing constraints of the country’s public finances ranked highest and were top of mind in…