Department of Employment And Labour Raises Concerns About A Spate Of Retrenchment Notices

Loading player...
Guest - Jacky Molisane - Acting Director-General at the Department of Employment and Labour

The Department of Employment and Labour has raised concerns about a spate of retrenchment notices that have gone out at major companies in South Africa, which could impact over 250,000 people down the line.

Minister of Employment and Labour, Nomakhosazana Meth, said she was “gravely concerned” about the retrenchments affecting Ford South Africa, ArcellorMittal South Africa (AMSA) and Goodyear SA.
2 Sep 2025 1PM English South Africa Business News · Investing

Other recent episodes

Redefine fy revenue up 2.4%, improves outlook

Redefine Properties posted a resilient first half, lifting distributable income and dividends despite sector headwinds. CFO Ntobeko Nyawo explains the numbers behind the performance.
11 May 4PM 14 min

Investment Trends Shaping SA’s Energy Transition

South Africa is emerging as a climate tech hotspot — from CCS to hydrogen, nuclear, and long‑duration storage. Margo‑Ann Werner, an expert in climate innovation and low‑carbon investment, breaks down investor appetite, regulatory gaps, government incentives, and the role of AI in grid optimisation.
11 May 4PM 9 min

Tharisa’s $550m Underground Expansion Leap

With over $850m already invested and another $550m committed, Tharisa is transitioning to a smart, mechanised underground mine that will extend operations for 50+ years. CEO Phoevos Pouroulis discusses the Cementation Africa partnership, job creation, and long‑term value.
11 May 4PM 14 min

Careers Corner: What Employers Can & Can’t Do as Costs Rise

As global instability pushes up costs, employers face tough decisions. CDH’s Rashaad Dadoo unpacks unilateral changes, consultation duties, wage pressure, hybrid work, and how to stay compliant while keeping operations sustainable.
11 May 4PM 11 min

PIVOT POINT: Leading SARS Forward

Newly appointed SARS Commissioner Dr. Johnstone Makhubu reflects on his journey through public finance, his early priorities, the compliance challenges ahead, and how SARS is preparing for a digital, cross‑border tax future.
7 May 4PM 35 min