Retrenchment

An agreement has been reached between the government and SAA’s business rescue practitioners to hold off on the signing of retrenchment agreements at the embattled airline until Friday. An undated letter to organised labour signed by…

Pick n Pay has cut 10% of its staff, eliminating approximately 3,500 jobs, the South African grocer said on Monday, as the country grapples with its first recession in eight years. Most of South Africa’s retailers have flagged lower or…