Union wants AB InBev commitment after severance packages for staff

Beer company AB InBev has launched voluntary severance packages to start with the process of "trimming the fat" at SABMiller which it bought last year.

It's reported that 60 targeted employees at mid-management level are expected to respond by month-end.

General secretary of the Food and Allied Workers Union, Katishi Masemola, says they want the company to keep the agreement and conditions made by the South African Competition Tribunal.

Our concern is to ensure that the company AB InBev keeps its word of retaining overall employment over the next five years.

Katishi Masemola, general secretary of the Food and Allied Workers Union

Remember these guys are known to be cut-throat, cost-cutting operators world wide, we do not mind for as long those jobs find expression at the bottom n line with the spirit of the agreement.

Katishi Masemola, general secretary of the Food and Allied Workers Union

Listen to the full interview below for more information...

Read More
ANC shenanigans to be aired in KZN court case - analyst

ANC shenanigans to be aired in KZN court case - analyst

The case will have huge implications for both KZN but also the ANC amid branch tampering allegations.

SA’s sickly private and public healthcare systems

SA’s sickly private and public healthcare systems

Professor Alex van den Heever concedes there are big problems in both the private and public healthcare systems.

OPINION: Xolani Gwala asks if Parly should be dissolved for a fresh start

OPINION: Xolani Gwala asks if Parly should be dissolved for a fresh start

The DA called for Parliament to be dissolved after the motion of no confidence last week eliciting much criticism.

SABMiller/AB InBev - things fall apart?

SABMiller/AB InBev - things fall apart?

A Bloomberg News journalist discusses the reasoning behind (and implications of) SABMiller’s halting of the “Megabrew” merger.

SABMiller/AB InBev 'Megabrew' deal - the 1st casualty of Brexit?

SABMiller/AB InBev 'Megabrew' deal - the 1st casualty of Brexit?

The fall in the value of the pound could scupper the deal, as it is now worth considerably less than before the UK referendum.

SABMiller CEO Alan Clark to get R1.2 billion when AB Inbev takes over

SABMiller CEO Alan Clark to get R1.2 billion when AB Inbev takes over

This is according to a Financial Times article, published on Tuesday.

Popular articles
It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

Pamela Nomvete on her downfalls as actress, and 'climbing back'

Pamela Nomvete on her downfalls as actress, and 'climbing back'

This week Xolani Gwala's speaks to former Generations actor Pamela Nomvete for #WhatInTheWorldHappenedTo feature.

Meet the founder of Capitec Bank, named ‘Best Bank on Earth and Cheapest in SA’

Meet the founder of Capitec Bank, named ‘Best Bank on Earth and Cheapest in SA’

Michiel le Roux speaks about the fascinating story behind the little bank that has the Big 4 shaking in their boots.

Best way to get richer (especially if you’re between ages 20 and 45)

Best way to get richer (especially if you’re between ages 20 and 45)

Still young(ish)? Consider the single best thing you can do to increase your wealth by much more than the inflation rate.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?

5 ways the NSFAS funding model will change in 2017

5 ways the NSFAS funding model will change in 2017

The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.