5 Key Changes to SA’s Labour Laws and how they will affect your Business
Our labour laws are constantly evolving as the South African government seeks to balance stronger protections for employees with the need to create a business-friendly investment climate. We can expect to see a number of amendments to the country’s core labour law acts – the Basic Conditions of Employment Act and the Unemployment Insurance Act – over the next couple of years.
Some of them promise to improve the lives of millions for the better, while others will bring about new complexities for businesses to manage. These important changes include: Unemployment Insurance Benefits, Labour Bill, National Minimum Wage Bill, Employment Tax Incentive (ETI) Act, Provident Fund Annuitisation.
Source: SME South Africa
