South Africa's Department of Employment and Labour says the recent amendments to the Code of Practice on Dismissals and Labour Laws are key in addressing the country's high levels of unemployment.

The proposed code simplifies dismissal processes, particularly for small businesses, by reducing the procedural burden during the initial three-month employment period and allowing informal disciplinary procedures.

Thami Ngubeni spoke to Geoffrey Allsop, Associate at Pinsent Masons...

South Africa's Department of Employment and Labour says the recent amendments to the Code of Practice on Dismissals and Labour Laws are key in addressing the country's high levels of unemployment.
The proposed code simplifies dismissal processes, particularly for small businesses, by reducing the procedural burden during the initial three-month employment period and allowing informal disciplinary procedures.
Thami Ngubeni spoke to Geoffrey Allsop, Associate at Pinsent Masons...

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In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

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Africa in Business

SA's proposed Code of Practice on Dismissals and Labour Laws to simplify dismissal processes

United States Ambassador to South Africa, Leo Brent Bozell III, says Washington aims to double the number of American companies operating in the country, a move he believes could help create around 250 000 jobs. Bozell noted that his mandate includes advancing policies that benefit the American people, while also strengthening economic ties between the two nations.


However, the Ambassador warned that Washington is growing increasingly impatient with what he described as Pretoria’s lack of progress on a “list of five asks” that the United States presented to the South African government about a year ago. He did not disclose the details of the five requests, but indicated that movement on them is essential for deepening bilateral cooperation.


Thami Ngubeni spoke to Dr Sizo Nkala, a Postdoctoral Research Fellow at the Centre for Africa–China Studies at the University of Johannesburg.

United States Ambassador to South Africa, Leo Brent Bozell III, says Washington aims to double the number of American companies operating in the country, a move he believes could help create around 250 000 jobs. Bozell noted that his mandate includes advancing policies that benefit the American people, while also strengthening economic ties between the two nations.
 However, the Ambassador warned that Washington is growing increasingly impatient with what he described as Pretoria&rsquo;s lack of progress on a &ldquo;list of five asks&rdquo; that the United States presented to the South African government about a year ago. He did not disclose the details of the five requests, but indicated that movement on them is essential for deepening bilateral cooperation.
 Thami Ngubeni spoke to Dr Sizo Nkala, a Postdoctoral Research Fellow at the Centre for Africa&ndash;China Studies at the University of Johannesburg.

 US Ambassador says Washington aims to double number of American companies operating in South Africa

South Africa’s efforts to accelerate infrastructure investment, create jobs and stimulate economic growth have received a significant boost with the World Bank’s approval of the Blended Finance Platform for Resilient Infrastructure Program.


The initiative introduces a new Credit Guarantee Vehicle (CGV) designed to attract private capital into resilient infrastructure projects. The Washington‑based lender will work alongside national and international development partners to support South Africa’s broader reform agenda, including unlocking finance for energy, transport, water and other critical sectors.


Thami Ngubeni spoke to Bani Kgosana, Chief Revenue Officer at Pragma.

South Africa&rsquo;s efforts to accelerate infrastructure investment, create jobs and stimulate economic growth have received a significant boost with the World Bank&rsquo;s approval of the Blended Finance Platform for Resilient Infrastructure Program.
 The initiative introduces a new Credit Guarantee Vehicle (CGV) designed to attract private capital into resilient infrastructure projects. The Washington‑based lender will work alongside national and international development partners to support South Africa&rsquo;s broader reform agenda, including unlocking finance for energy, transport, water and other critical sectors.
 Thami Ngubeni spoke to Bani Kgosana, Chief Revenue Officer at Pragma.

World Bank approves Blended Finance Platform for Resilient Infrastructure Program for South Africa

In this week’s Standard Bank slot, we turn our attention to the Proudly South African Buy Local Summit & Expo, taking place on the 16th and 17th in Johannesburg, South Africa. Standard Bank is the headline sponsor of this annual event, reaffirming the bank’s commitment to strengthening the domestic economy through localisation and SME empowerment.


Thami Ngubeni spoke to Nokhanyo Ntshingila, Senior Manager for Enterprise & Supplier Development Programmes at Business and Commercial Banking South Africa at Standard Bank Group.

In this week&rsquo;s Standard Bank slot, we turn our attention to the Proudly South African Buy Local Summit &amp; Expo, taking place on the 16th and 17th in Johannesburg, South Africa. Standard Bank is the headline sponsor of this annual event, reaffirming the bank&rsquo;s commitment to strengthening the domestic economy through localisation and SME empowerment.
 Thami Ngubeni spoke to Nokhanyo Ntshingila, Senior Manager for Enterprise &amp; Supplier Development Programmes at Business and Commercial Banking South Africa at Standard Bank Group.

SA's proposed Code of Practice on Dismissals and Labour Laws to simplify dismissal processes

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