As you may be aware, BUSA is currently participating in a Nedlac task team on the Companies Amendment Bill. As part of engagements in the task team, Organised Labour has submitted a number of proposed amendments to the current Act. Members are strongly encouraged to study the proposals, which include – inter alia – the following proposals:
- Mandatory inclusion of pay ratios in remuneration reports;
- Binding shareholder votes on remuneration reports;
- Mandatory inclusion of trade union / worker representation in Social & Ethics Committees;
- Prohibition of share buybacks;
- Business Rescue amendments to favour the rights of workers over creditors.
- Granting unions / workers access to company accounting and financial records, board meeting minutes, etc.
Please provide your comments on the below proposals from Organised Labour by 19 August 2019.
BUSA is currently participating – as part of the Jobs Summit outcomes – in a task team on macroeconomic policy. The task team is currently finalising its work plan after agreeing to engage on fiscal and monetary policy.
BUSA intends to propose as a theme for further engagement a workshop on savings and investment. In this regard, a draft position on savings and position is attached. The purpose of the document is to persuade social partners (government, labour and community) of the need to engage on the topic.
Please provide any comments by no later than Wednesday 7 August 2019.
Please note the invitation below to the International Federation of Freight Forwarders Associations (FIATA) World Congress 2019. Should you be interested in attending, or have queries in this regard, please make contact with the organiser directly.
The FIATA World Congress and exhibition of 84 stands will be held in South Africa for the first time since 2004.
The theme for the 2019 International Congress is “Where Technology and Logistics Meet” and the Congress Programme will focus on new technology and disruptive innovation and how this affects the Logistics and Freight Forwarding Industry worldwide.
If I could direct you to the Congress website link for more information: www.fiata2019.org
We will also be hosting a Young Logistics Professionals Day where delegates under 35 get together to discuss the latest technology in drones, robotic warehouse solutions and play a logistics game in the afternoon, supplied by Business on the Move from the UK.
The link for registration and programme details:https://fiata2019.org/programme/#ylp
Following the Standing Committee on Social Policy meeting, the BUSA office undertook to re-circulate a call for nominations to allow members a final opportunity to nominate suitable candidates to serve as the Deputy Chairperson for the Standing Committee.
The Deputy Chairperson of the Committee will serve for a period of 2 (two) years, and shall be eligible to serve for a further 2 (two) years.
The Deputy Chairperson, in conjunction with the Chairperson and the BUSA Social Policy team, shall:
- Ensure the effectiveness of the Standing Committee;
- Develop a relationship of trust with the members of the Committee;
- Ensure that the agendas for meetings focus on key issues as defined by the mandate of the Committee;
- Ensure that nominated members actively participate in the activities of the Committee by stimulating and guiding the debate;
- Guide decision making of the Committee;
- Ensure that interest is encouraged in the work of the Committee by facilitating access to leading experts and government officials relevant to the work of the Committee;
- Ensure that the work of the Committee is publicised across BUSA’s membership and responding to feedback from both the BUSA and Committee membership
Members are hereby requested to nominate suitable candidates to serve as the Deputy Chairperson for the Committee by close of business on Friday, 02 August 2019.
All nominations should be submitted to Tshidi Ndebele (firstname.lastname@example.org).
Save the date 3 August 2019 and meet Jonathan
23 November 2019 @ Silverstar Platinum Ballroom.
IT’S THAT TIME OF THE YEAR.
IS YOUR BUSINESS A WINNING BUSINESS?
ENTER NOW AND BE AWARDED!
The West Rand Chamber of Business and Tourism will be hosting this prestigious event once again at the Silverstar Platinum Ballroom on the 23rd November 2019. This promises to be a prestigious evening with a guest speaker and great entertainment.
The Business Achievers Awards are divided into different categories making this a competition truly representative of the various spheres of Business Activity in the Greater West Rand.
The West Rand Chamber of Business and Tourism aims to identify, recognize and honour Entrepreneurs and Enterprises whose ingenuity, innovation and hard work have created successful, growing business ventures, against all odds in pursuit of customer support, loyalty and success.
The Business Woman of the Year is a very special category, and women in business are encouraged to enter this section.
The entry fee for Chamber Members is R 300 – and non-members R 500.
Businesses and Individuals are encouraged to enter before 4th October 2019.
Tickets for the event at Silver Star on 23rd November are R400 per person for members and R530 for non members, which includes a scrumptious buffet, excellent speaker and top class entertainment. To book please contact Dehlia van Staden / Claudette Murdoch 011 953 3727.
DEHLIA VAN STADEN
Kindly note that the meeting between the National Committee on Trade Facilitation and the Private Sector which was scheduled to take place on 17 July 2019 has been postponed due to unforeseen circumstances.
We appreciate the interest you have shown in participating in this meeting.
We humbly apologise for any inconveniences caused.
The meeting will be re-scheduled and a new date will be communicated in due course.