Security Industry wage talks

Thabo Tsokela reports that there hasn’t been lot of progress as the employers didn’t attend the meeting on Wednesday and when they arrived on Thursday, they suggested they were informed by the CCMA the trade unions wanted Wednesday to caucus.

The CCMA Commissioner and the trade unions denied this. A Mr Mkhaliphi from DoL also attended the meeting to explain the pros and cons of what might happen should the parties enter into any wage agreement prior to the National Minimum Wage kicking in on 01st of October 2018. It will simply mean such agreement will be regulated by the BCEA. He also gave the positive feedback that the DoL could be registering the Bargaining Council for the Private Security Sector on Monday, 25 June 2018. In view hereof, the parties agreed to postpone the meeting, pending the likelihood of the registration of the Bargaining Council.

Also part of our Wednesday discussion was the issue of the court case between the PSS Pension Fund and the Financial Sector Conduct Authority (formerly the FSB). The FSCA approached the High Court in Pretoria on an urgent basis to get the fund placed under curatorship because the trustees abused the fund monies by paying themselves exorbitant allowances. When asked for guidelines how much trustees may be remunerated, the FSCA could not assist. The trade unions have meanwhile approached the FSCA, requesting an urgent meeting to get an understanding of the court processes. Latest news received today is that the court case which was scheduled for today, was postponed by the FSCA, pending the meeting between the parties which will most probably take place on Tuesday, 26th of June 2018 @ 10:00am at registrar’s offices.