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Posts Tagged ‘president’
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November 13, 2018

RAMAPHOSA WORKS HARD AT CONVINCING BERLIN AND BUSINESS TO INCEST IN SA

On Monday 29 October, Ramaphosa held bi-lateral talks with Chancellor Angela Merkel aimed at closer co-operation between the two countries. The Presidency said in a statement after the meeting: “The President and the Chancellor also agreed on the importance of continuing with the G20 Compact with Africa initiative, and committed to an expansion of trade and investment between South Africa and Germany.”

Attending the G20 German Africa Investment Summit on 30 October 2018, a stone’s throw from the iconic Brandenburger Gate, once of a symbol of the divide between East and West, Ramaphosa was one of the three keynote speakers addressing the conference in his position as Co-Chair [...]

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October 3, 2018

CABINET HAS APPROVED THE NEW MINING CHARTER

Speaking at a post-cabinet briefing in Cape Town on Thursday, Communications Minister Nomvula Mokonyane said President Cyril Ramaphosa would reveal details of the charter on Friday when he is due to brief the media on economic stimulus measures.

The draft, aimed at setting ownership and transformation targets for the sector, was opposed by the industry even though it acknowledged that the current document was in many respects an improvement on the previous one proposed by Mineral Resources Minister Gwede Mantashe’s predecessor Mosebenzi Zwane.

The draft charter had a requirement of 10% ‘free carry’ interest for mining communities and employees on new mining rights as [...]

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September 5, 2018

‘SA IS BEING RECALIBRATED’

Ramaphosa made the remarks during his address to a breakfast meeting with SA business leaders on Sunday in the Chinese capital city of Beijing‚ during a state visit hosted by Chinese President Xi Jinping.

Xi was in SA in June on a similar visit ahead of the recent Brazil‚ Russia‚ India‚ China and SA (Brics) summit.

Ramaphosa said ahead of the two-day Forum on China-Africa Co-operation summit that the government needed to provide not just “policy certainty but policy consistency” to investors to attract much-needed foreign direct investment.

“We’re recalibrating in many ways‚ we’re sharpening our messages to enhance investment to come our [...]

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August 17, 2018

NEW LABOUR LAWS YOU NEED TO KNOW!

According to law firm Cliffe Dekker Hofmeyr (CDH), the bills deal with a broad range of labour issues including minimum wage, parental leave, disputes, and strike action.

The Bills will now be placed before a plenary sitting of the National Council of Provinces. If adopted, the Bills will be sent to the President of the Republic of South Africa for final assent and signature. Once signed by the president, the bills will become law.

Below CDH broke down the most important aspects of each Bill.

National Minimum Wage Bill

The National Minimum Wage Bill, together with the Basic Conditions of Employment Amendment Bill, proposes that the national minimum wage is [...]

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