investing-in-SA

 

 

 

 

 

27 March 2017

The Federation of Unions of South Africa (FEDUSA) General Secretary Dennis George is committed to travelling to London tonight to meet up with Team South which arrived in the British capital this morning at the start of an international road that will proceed to Boston and New York which and is aimed at promoting South Africa as an investor friendly destination and preempting the threat of a sovereign downgrading by the credit rating agencies.

“The General Secretary’s flight is already booked for departure tonight and he looks forward to meeting South Africa’s delegation consisting of Finance Minister Pravin Gordhan and business leader Jabu Mabuza. Any questions relating to the apparent cancellation of the trip should be referred to the Presidency and National Treasury”.


Continue reading FEDUSA Commits to Travel on International Road



 26 March 2017

Pravin Gordhan & Dennis George

Finance Minister Pravin Gordhan will be taking the Federation of Unions of South Africa (FEDUSA), the Governor of the Reserve Bank and a business delegation to meet with credit rating agencies and investors in London, Boston and New York from Monday to Thursday 30 March 2017.

FEDUSA is the only trade union federation that will be participating in this international roadshows aimed at promoting South Africa as an investor friendly destination and preempting the threat of a sovereign downgrading by the credit rating agencies.

This latest round of international roadshows is a follow-up of similar ones held last year, where Team South, made up of the social partners of government, labour and business were able to convince credit rating agencies and investors that they were working together to tackle structural challenges facing South Africa.

“Engaging credit rating agencies and investors is important for the country to ensure rapid inclusive economic growth and the creation of decent jobs for our people. Investments are critical for any developing country,” said FEDUSA General Secretary Dennis George.


Continue reading Pravin Partners with FEDUSA on International Roadshow



21 March 2017

 

humanrights

 

As democratic South Africa takes a step back to observe Human Rights Day today, the Federation of Unions of South Africa (FEDUSA) believes that basic human rights still remain a bridge too far for many fellow South Africans and likewise our continental African counterparts who remain trapped in hunger, domestic violence, dread diseases, rural poverty, xenophobic attacks and poverty wages, compared to scandalous executive pay that remain the order of the day amidst these crippling realities.

FEDUSA would therefore like to call on the government and other stakeholders to:

Stabilise the social grants payment system so that 17 million vulnerable South Africans who depend on social grants to put food on the table are not left hungry and destitute, and that never  again should the country ever be subjected to another SASSA and Cash Payment Services type of scandal again; Tighten and intensify the enforcement of legislation that protects women and children against gender based domestic violence and child abuse; Intensify and extend the provision and water and electricity, garbage removal, primary health acre and the roll-out of anti-retroviral drugs to communities that need them.


Continue reading Human Rights Still a Bridge Too Far for Many- FEDUSA



17 March 2017

constitutional court judgement (1)  constitutional court judgement (3)

 

The Federation of Unions of South Africa (FEDUSA) has welcomed the ruling by the Constitutional Court ordering the extension of the social grants payment contract between Cash Paymaster Services (CPS) and the South African Social Security Agency (Sassa) by a further 12 months.

More than 17 million South Africans, mostly elderly and disabled people depend on social grant payments to wade off hunger and extreme suffering. Both Social Development Minister Bathabile Dlamini and President Jacob Zuma have robustly denied that there was any pending crisis threatening to collapse the entire system.

The extension will facilitate a due process of appointing another service provider other than CPS which has been also ordered to report to Sassa every three months over the period.

“SASSA and CPS must ensure payment from April 1 for 12 months on the same terms and conditions as the contract which expires on March 31,” Justice Johann Froneman said on handing down the judgement.


Continue reading FEDUSA Welcomes Constitutional Court Ruling



15 March 2017

Prasa

The threat of a potential strike is looming at embattled Passenger Rail Agency of South Africa (Prasa) and could cripple its operations and bring rail passenger transport to a halt across the country if the Commission for Conciliation, Mediation and Arbitration (CCMA) fails to resolve a wage dispute that has been referred to it by the United National Transport Union (UNTU), a Federation of Unions of South Africa (FEDUSA) affiliate in the rail transport sector.

 

FEDUSA fully supports UNTU’s decision to refer the dispute to the CCMA for conciliation after the latter’s members rejected Prasa’s wage offer increase from 3 % to 4.5 % on condition that UNTU lowers its demands from 20% to 12 %. UNTU is also demanding increases in their medical aid, night shift, book off and standby allowances with effect from 1 April 2017.

 

“We believe that millions of rands that are being wasted on a daily basis on irregular and fruitless expenditure by Prasa management could be used to pay decent salaries and other benefits for UNTU members,” said FEDUSA General Secretary Dennis George.

 
Continue reading Nationwide Strike Looms at Prasa



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