NUM calls on big businesses to fund student tuition
NUM YS has gotten behind the students of South African as they continue to protest against the suggested fee increment of six percent, by appealing to major companies like Lonmin, Sasol, Anglo Platinum and Harmony Gold, to name a few.
While Sasol have refrained from commenting on whether or not the company is looking into this as a feasible option, the head of group media relations, group communication and brand management, Alex Anderson has said: “Sasol invests significantly in education and skills development. Sasol spent R441.7 million during 2015 on education and skills development, which includes the Sasol Inzalo Foundation (that) spends of R71.6 million, with a focus on developing skills and providing resources for schools, with a focus on STEM (science, technology, engineering and mathematics) subjects.
“Since the Sasol Inzalo Foundation’s first programmes started running in 2010…we have supported a significant number of graduates in attaining graduate and post graduate degrees, including PhDs in the STEM disciplines.”
Thursday marked the eighth day into the protest that has seen students engaging in various forms of defiance, including storming parliament during the delivery of Finance Minister Nhlanhla Nene’s medium term budget speech.
The Union also expressed their disappointment in the way the police have reacted to the protest action, drawing attention to the vast number of injured students at the hands of tear gas and stun grenades, and in some cases alleged assault.
According to a report, NUM YS national secretary, Sabelo Mgotywa, has also made a national call for students to "march to the Chamber of Mines and other major business institutions” in hopes of further appealing to businesses to fund education.
Anglo American were given the opportunity to comment but failed to do so at the time of publication.
Featured Work from home, have meetings at restaurants – the new normal?
With companies moving from static office spaces to working remotely, meetings have predominantly been held online. However, some companies have turned their attention to meeting at variable locations, such as restaurants or hotel conference rooms.
Is a home loan a great savings tool?
There are many saving and investment options available to consumers. What you decide to use is dependent on your circumstances. But should you make your home loan your choice of a savings vehicle and how does that exactly work?
Everything you should know about tax auto assessment
In 2019, the South African Revenue Service (SARS) launched a system, which was dubbed an “auto assessment”, to assist taxpayers with their annual tax returns. But what does this system entail, and how will it impact you?
What does it mean to be a registered Financial Services Provider?
You may have noticed that financial institutions state that they’re registered Financial Services Providers (FSP). But what does this actually mean, and how does this benefit you as a consumer?
Earn up to 50% of your tax return submission fee back in eBucks
Price: Available on request
Be part of the Belly Of The Beast Weekday Spring Special Lunch
When: From 23 September 2020
Where: Cape Town
Tony’s Roma Breakfast Special
Where: Cape Town