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New Earnings Threshold from 1 April 2024 – Its Impact on South African Employers
New Earnings Threshold from 1 April 2024 – Its Impact on South African Employers Following the recent budget speech, the Minister of Employment and Labour has announced a significant increase in the annual earnings threshold, effective from 1 April 2024. This threshold, set in accordance with section 6(3) of the Basic Conditions of Employment Act…
Metal and Engineering Bargaining Council (MEIBC) Wage Negotiations progress
8 May 2024 The metal and engineering sector negotiations kicked off between employer and union stakeholders in February this year, when more than 20 employer’s organisations affiliated with this sector met with their union counterparts to negotiate the conditions for the extension of the MEIBC Main Agreement. The parties have, in the last three decades,…
Breaking News: Employment Equity Amendment Act Coming into Effect January 2025
The Department of Employment and Labour has officially announced that critical amendments to the Employment Equity Amendment Act (EEA) will come into effect on 1 January 2025. These changes bring significant updates to compliance requirements and introduce new obligations for employers across South Africa. — What Are the Key Changes? The amendments to the Employment…
Visa Extensions for Lesotho and Zimbabwe Nationals: What Employers Need to Know
The Minister of Home Affairs has recently announced important extensions affecting foreign nationals working in South Africa. Lesotho Exemption Permits (LEPs) have been extended until 28 November 2025, following the earlier extension granted to Zimbabwean Exemption Permit (ZEP) holders. While these extensions provide temporary relief for certain groups, they leave significant questions unanswered for other…
2024 Metal and Engineering Industry (MEIBC) negotiations finalised
After only three formal engagements, certain affiliated employer’s organisations have concluded a three-year wage agreement for the period 1 July 2024 to 30 June 2027, with NUMSA. The affiliated employer’s organisations that were part of the agreement accounts for about 57% of all employees who are employed within the scope of the council, and NUMSA…
OID Earnings Threshold Raised to Ensure Employee Protection: Minister’s Directive
In a recent development that affects employers nationwide, the Minister of Employment and Labour has announced a significant adjustment to the OID earnings threshold. According to Government Gazette 50386, published on 27 March 2024, Notice 2390 of 2024 reveals the updated threshold. Effective 1 March 2024, the OID earnings threshold has been raised from R568,959…