Earning above R21,198 per month? Take note

Loading player...
South Africa's Department of Employment and Labour recently implemented revisions to the earnings threshold, a crucial determinant under the Basic Conditions of Employment Act (BCEA). This alteration signifies a shift for workers whose salaries surpass R21,200 per month in 2024, as they will forfeit certain automatic protections. Shedding light on this subject matter is Kenneth Lennox, he is a dispute resolution official and attorney at the Consolidated Employers Organisation (CEO).
12 Apr 2024 2AM English South Africa Business · Daily News

Other recent episodes

Capitec Bank soars high with 23% increase in headline earnings

Capitec Bank has reported a strong performance, with headline earnings climbing 23% to R16.8 billion for the financial year ending February 2026. The growth was largely driven by double-digit gains in interest income, supported by improved interest rates in 2025. Group CEO Graham Lee remains optimistic the bank can sustain…
23 Apr 6AM 4 min

Standard Bank fosters partnerships in fight against FMD, gears up for Nampo

Brendan Jacobs, Head of Agribusiness at Standard Bank Business and Commercial Banking South Africa, unpacks the bank’s partnerships with Clover and the Milk Producers’ Organisation in tackling foot-and-mouth disease. He also shares what to expect from their presence at Grain SA’s upcoming Nampo trade show, with a strong focus on…
15 Apr 6AM 6 min