In May, the Department of Labour published regulations setting numerical transformation targets for 18 industries.
In May, the Department of Employment and Labour published regulations that set numerical transformation targets for 18 industries to comply with over the next five years. The DA responded by sounding the alarm and alleged that more than 600 000 people would lose their jobs should the targets become law.
Dismissing employees on the basis that the employer needs to meet the numerical targets set by the regulations would be in violation of the Labour Relations Act of 1995, said July and his colleague, Nonkosazana Nkosi, a senior associate at Werksmans, in a recent paper. Certainly, these ideals are the cornerstone of our employment equity regime and serve as a guiding light as we navigate the seas of economic and social transformation in the workplace.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Business Talk is having an amazing 20232023 has been an excellent year for Business Talk – BusinessTech’s popular business video podcast.
Source: BusinessTechSA - 🏆 24. / 61 Read more »
A BRICS currency may help shield countries from sanctions, says Pandor | BusinessBRICS nations asked the bloc’s specially created bank to provide guidance on a how a potential new shared currency might work, including how it could shield other member countries from the impact of sanctions such as those imposed on Russia.
Source: News24 - 🏆 4. / 80 Read more »
SA locomotive shortage still unresolved after China visit - Gordhan | BusinessPublic Enterprises Minister Pravin Gordhan said he’s yet to resolve an impasse with China that’s held up the delivery of locomotives and parts essential to improving the performance of the African nation’s state-owned logistics company. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »
'Major' Chinese aid on its way to curb load shedding impact on key services - Ramokgopa | BusinessThe Chinese government is offering SA solar PV equipment and generators that can be used in public institutions to limit the effect of load shedding impacts, says Electricity Minister Kgosientsho Ramokgopa. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »
WATCH | Social selling and Gen Z: How eCommerce leads to business growthSPONSORED: As we kick off the second season of the expert talk series Ahead of the Curve, Dion Chang of Flux Trends explains some new concepts in the post-pandemic e-commerce age, and how it can lead to growth. | Nedbank
Source: News24 - 🏆 4. / 80 Read more »
Russians paying millions for Cape Town properties, says agent | BusinessThere has been an uptick in Russian interest in property along Cape Town's upmarket Atlantic Seaboard, according to Ross Levin, licensee for Seeff Atlantic Seaboard and City Bowl. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »