21 Feb 2012

Human Resources & Recruitment

 

We live in taxing times...

Tomorrow, Finance Minister Pravin Gordhan will either make or break your day, depending on what he says in his budget speech, and how what he says will affect you. We'll bring you the news and analysis as soon as we have it.

In the meantime, however, there's good news on the crime front, with serious crime levels apparently in decline and, what's more - especially if the plight of the rhino upsets you - the SANDF and law enforcement agencies are to fight border crimes - which should be good news for rhinos and very bad news - sometimes fatal news - for poachers.

Back on the finance front, Anna Malczyk of the UCT Basics of Financial Management short course gives you some tips on defining your business financial goals for 2012.

And now for something out of this world; did you know we have a space agency? Well, we do, and even though the South African National Space Agency (Sansa) was formally launched in December 2010, and began operations only in April 2011, it seems that it is laying the foundations for... going into space!

Finally, for you drivers of precious metal - i.e. a car - a new study on the costs of vehicle ownership has some interesting facts. When next you complain about the price of fuel, just be grateful you don't live in the UK.

Rod Baker, general manager: content

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Editorial news

Human Resources & Recruitment


UIF pays out R4.7bn
The Unemployment Insurance Fund (UIF) has announced that it paid out R4.7 billion in benefits in the first nine months of this financial year. Read more >>

Labour


New bill authorises auditors to perform B-BBEE verifications
With effect from 7 December 2011, and in accordance with the Revised Preferential Procurement Regulations, one of the aims of which is to promote uniformity throughout the public sector procurement system, it is now a legal requirement that all tenders awarded by organs of state must take 10% or 20% - depending on the value of the tender - cognisance of every tenderer's B-BBEE status, as opposed to their percentage black ownership (the old BEE status). Read more >>

Labour unions


Consult labour on transport: Fedusa
Unions should have been consulted about plans to introduce an integrated public transport system controlled by municipalities, the Federation of Unions of SA (Fedusa) said on Thursday. Read more >>

Recruitment


80 000 new jobs, 420 000 still needed
South Africa created 80 000 jobs in January but Business Day warns that the economy was still 420 000 jobs short of the peak employment levels reached before the 2009 global financial recession. Read more >>

SABC appoints financial boss amid graft probe
A new chief financial officer for the SABC has been appointed, a day after chairman Ben Ngubane said alleged spending of more than R500000 on a private shuttle service for executives would be probed. Read more >>

Grand parade investments appoints new CEO
Cape Town-based Grand Parade Investments Limited (GPI) on Monday (13 February 2012) announced the appointment of a new chief executive officer. Alan Keet, currently the CEO of Nolands Chartered Accountants in Cape Town, will join GPI in mid-April. Read more >>

Training


NSFAS earmarks R3.6bn to varsities
[Francis Hweshe] The National Student Financial Aid Scheme (NSFAS) projects it will allocate over R3.6bn to universities this year, up from R3.4bn in 2011. Read more >>


Government
Gauteng's growth plans unveiled
Gauteng's plans for the current year include splitting the Health and Social Development Departments, creating more jobs and further cementing its position as Africa's business destination and economic hub. Read more >>

Address skills, labour reforms, corruption - says opposition
Opposition members have welcomed President Jacob Zuma's announcement in his State of the Nation Address that government would spend more on infrastructure development, but urged the President to focus more on developing skills, implementing labour reforms and tackling corruption to ensure that the country overcomes unemployment and poverty. Read more >>

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