insert_link South Africa S.A’s union Cosatu welcomes the agreement reached by the South African Post Office with unions to temporarily suspend retrenchments S.A's union Cosatu welcomes the agreement reached by the South African Post Office with unions to temporarily suspend retrenchments. This as the business rescue practitioners have launched an urgent application for assistance from the Unemployment Insurance Fund Temporary Employment Relief Scheme. Cosatu’s, Matthew Parks, says it is fundamental that governments at all levels utilise the Post Office and the Post Bank as their postal and banking service provider, injecting invaluable […] todayApril 25, 2024 18
insert_link South Africa South African Post Office Halts Retrenchments Saving Thousands of Jobs The South African Post Office has reached an agreement with unions to suspend retrenchment notices for a minimum of 12 months, preserving approximately 4,700 jobs. In a significant move, the Post Office's business rescue practitioners have applied for assistance from the Unemployment Insurance Fund's Temporary Employment Relief Scheme. Under this arrangement, the scheme would cover 75% of workers' salaries, with the Post Office contributing the remaining 25%. Anoosh Roopla, the […] todayApril 25, 2024 23
insert_link South Africa The EFF says the looming retrenchment of six-thousand Post Office workers is devastating The EFF says it condemns the approval of the South African Post Office business rescue plan, which will see six-thousand workers retrenched and the closure of 420 branches nationwide. The plan is contingent on a 3.8-billion-rand bailout from the government. The EFF says this devastating decision and what can only be described as a jobs bloodbath, is borne from years of ANC mismanagement and neglect of state-owned enterprises. It adds […] todayDecember 8, 2023 1