New earnings threshold comes into play

As of 1 March 2023, South Africans saw the implementation of the increased annual earnings threshold determined by the Minister of Employment and Labour (Minister) in the amount of R241 110.59. This represents an increase of R17,030.11 from the previous amount of R224...

New earnings threshold gives employees more protections

The earnings threshold will increase to ZAR 241 110.59, representing a ZAR17 030.11 increase from the earnings threshold that currently applies. By Brett Abraham and Mehnaaz Bux, partners at Webber Wentzel The earnings threshold, a determination in terms of section...

Budget 2023 deals a blow for South African’s abroad

On 22 February 2023, the 2023 Budget Review was presented, mainly focusing around the energy crisis in South Africa. By Jonty Leon, attorney and tax practitioner, and Reinert van Rensburg, attorney and tax practitioner at Leap Group However, as usual, there are...

GIBB partners with YES initiative to drive youth employability

GIBB, multi-disciplinary engineering consulting companies with a presence across African, has partnered with government’s Youth Employment Service (YES) initiative to drive future employability amongst South Africa’s youth. Introduced in 2018, the YES...

January the most popular month to quit your job – but don’t rush

For ambitious financial services professionals lacking development opportunities, January is often the month to quit their jobs, with 21 January the most popular day. Yet, for all the sense of renewal that switching jobs can bring, there are serious costs. The change...

Businesses and employees at odds over workplace productivity 

Two-thirds (66%) of global employers believe their organisation is more innovative if employees are in the office, according to research by VMware. Yet this is at odds with how employees feel about where they are most innovative and productive, with 82% of global...