Business Lead South Africa

CEOs tell Ramaphosa of serious challenges plaguing govt companies

PRETORIA, June 6 – Chief executive officers of state-owned companies (SOCs) on Wednesday detailed a number of concerns about the legal and regulatory environment within which SOCs operate, which are often ill-suited to the specific needs of entities and constrain innovation, the Presidency said. President Cyril Ramaphosa met with chief executives of over 20 key state-owned […]

In The News South Africa

SA post office strike over

PRETORIA, July 19 – The South African Post Office strike has been brought to a halt after trade unions reached an agreement regarding salary increase on Wednesday. The strike started on July 3. In terms of the agreement, Post Office employees across the board will receive a salary increase of 6.5 percent, backdated to April […]

In The News South Africa

Provisional deal struck on social grants between Sassa and SA Post Office

PARLIAMENT, November 21 – A tentative deal has been struck between the South African Social Security Agency (Sassa) and the South African Post Office (Sapo) on the latter taking over the payment of social grants, it emerged in Parliament on Tuesday. Briefing Parliament’s standing committee on public accounts and its portfolio committee on social development, […]