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ECONOMY
Low labour productivity stifling local economic expansion – Motlanthe
Low levels of labour productivity were among the most binding constraints on economic growth and on South Africa’s international competitiveness, Deputy President Kgalema Motlanthe has said. “I cannot help restating the all too obvious fact...By: Natalie Greve
14 May 13
Job Creation
Mining, manufacturing sectors shed 15 000 jobs in Dec – Adcorp
South Africa’s mining and manufacturing sectors shed up to 15 000 jobs in December, but overall employment figures across all sectors grew by 12 556 jobs, according to the latest Adcorp Employment Index, released on Thursday.By: Natalie Greve
10 Jan 13
INFORMATION TECHNOLOGY
Adcorp to buy Australian IT recruitment group for R545m
JSE-listed human capital management group Adcorp on Wednesday announced that it would buy Australian information technology (IT) contracting and recruitment company Paxus for A$60-million, or about R545-million. CEO Richard Pike said the...LABOUR
Employment in November rises, says Adcorp
A total of 70 502 new jobs were created in South Africa during November, recording an annualised growth of 4.4%, the Adcorp November Employment Index, released on Thursday, revealed. The JSE-listed company said that the past three months had seen...By: Natasha Odendaal
06 Dec 12
EMPLOYMENT
Doubt about job seekers' grant
The ANC's proposed job seekers' grant has been met with far less enthusiasm than the abandoned youth employment subsidy. "The job seekers' grant will have nowhere near the impact the youth wage subsidy would have had," said Adcorp labour market...By: Sapa
06 Aug 12
LABOUR
Adcorp sounds alarm over sick leave
South Africa lost R3.9-billion worth of output last year to sick leave and absenteeism, recruitment company Adcorp said on Thursday. "The cost to the economy has been enormous. Due to the unplanned and unpredictable nature of sick leave, the...By: Sapa
10 May 12
EMPLOYMENT
Adcorp says March employment up, union membership down
A total of 108 826 new jobs were created in South Africa in March, an increase from the 24 000 jobs created in February and 80 000 jobs created in January, the latest Adcorp Employment Index showed on Tuesday. This was the strongest monthly...By: Henry Lazenby
10 Apr 12
EMPLOYMENT
Universities fail to produce enough graduates in business-oriented fields
South African tertiary institutions are failing to produce enough graduates in business-oriented fields, staffing solutions company Adcorp said on Tuesday, releasing its December Employment Index. The report pointed to there currently being...By: Henry Lazenby
10 Jan 12
SKILLS DEVELOPMENT
Ecsa seeks to improve engineering graduate output
Despite an improvement in the 2011 matric results, the Engineering Council of South Africa (Ecsa) has again warned that the country was not producing enough matriculants with the desired results in subjects required for admission to engineering...By: Henry Lazenby
10 Jan 12
LABOUR
Labour productivity in SA hits 40-year low
South Africa’s labour productivity, a leading indicator of job creation, has fallen to the lowest level in 40 years, JSE-listed human capital group Adcorp’s employment index for October stated. Adcorp Labour market analyst Loane Sharp said on...10 Nov 11
ACQUISITION
Adcorp offers to buy Paracon for R662m
JSE-listed Adcorp said on Tuesday that it planned to acquire information and communications technology (ICT) recruitment company Paracon for R662-million. The offer represented a 12% premium to Paracon’s share price at the time that...By: Loni Prinsloo
06 Sep 11
ACQUISITION
Adcorp unit acquires Prior Learning Centre for R10m
JSE-listed Adcorp on Tuesday announced a R10-million acquisition of the Prior Learning Centre through its training subisidiary, the Production Management Institute (PMI). PMI CEO Tim Smeeton said that the acquisition would enhance PMI’s suite...By: Loni Prinsloo
23 Aug 11
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