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Tag: Retrenchments

SABC’s retrenchment plan put on ice

The South African Broadcasting Corporation (SABC) has announced that it has put on hold its retrenchment plan. This follows constructive and extensive engagements with various stakeholders, including the Parliamentary Portfolio Committee on...

Mass retrenchments at the SABC

The SABC is set to retrench almost a third of its workforce. The public broadcaster set out restructuring plans on Monday evening in which it said as many as 981 of its...

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Western Cape remains an attractive destination for foreign direct investment

Global foreign direct investment (FDI) flows recovered to US$1.58 trillion in 2021, up from US$963 billion recorded in 2020 and higher than pre-pandemic...

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