Finweek - English

in brief

“IN THE ABSENCE OF A BUSINESS RESCUE PLAN, THE ISSUING OF NOTICES COMMENCING A CONSULTATION PROCESS OVER PROPOSED RETRENCHMENTS IS PROCEDURALLY UNFAIR.”

− ruled that the retrenchment notices issued to almost 5 000 South African Airways workers were “procedurally unfair” under section 136 of the Companies Act because the airline’s rescue practitioners, Les Matuson and Siviwe Dongwana, had not presented a

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