Sep
02

South Africa Politics and News Monitor – South Africa strike set to go on

South Africa strike set to go on
South Africa’s prolonged public sector strike is set to continue after the main trade union federation rejects an improved wage offer by the government.

Rugby-Tri-Nations-South Africa v Australia
South Africa play Australia in the Tri-Nations on Saturday (times GMT):

South African Gold Production Declined 2% in Second Quarter, Chamber Says
Gold production in South Africa, the fourth-largest producer of the precious metal, fell 2 percent in the second quarter from a year earlier, the Chamber of Mines of South Africa said.

Stocks in South Africa Rise for Fourth Day; Richemont and Discovery Active
South Africa’s FTSE/JSE Africa All Share Index rose for a fourth day, advancing 23.09, or 0.1 percent, to 28,003.25 at 12:17 p.m. in Johannesburg.

South Africa Plans to Encourage Investor Activism, Business Report Says
South Africa has published a draft copy of an institutional shareholder code for responsible investing aimed at encouraging fund managers to disclose their voting records, Business Report said.

South Africa state workers march after rejecting offer
Striking South African state workers plan a protest march on Thursday and their leaders will meet government negotiators after rejecting a revised wage offer aimed at ending their three-week strike.

South African government says Zimbabweans residing illegally to face deportation next year
South Africa’s government is withdrawing the special status granted to illegal Zimbabwean immigrants who fled their country’s economic meltdown and political violence, a spokesman said Thursday….

South African unions reject government offer
South African union members Thursday rejected an improved wage offer from the government as a public sector strike continues to cripple the country.

South African Wheat Climbs in Johannesburg as Rain Threatens European Crop
Wheat in South Africa, the continent’s fourth-largest producer of the grain, advanced after heavy rains threatened the European crop.

Strikes in South Africa could have long-term economic consequences
In South Africa, 1.3 million striking public service workers refuse government offers, further disrupting schools and hospitals and posing long term economic problems.