Outsourcing will not result in job losses � PEEPA
Thursday, October 08, 2015
Chief Executive Officer, Kgotla Ramaphane was testifying yesterday before the Parliamentary Accounts Committee on Statutory Bodies and State Enterprises. Committee members had wanted to know about the progress of the outsourcing programme and how it affects employees.
Ramaphane explained that the PSOP is a pilot project and that it is early to say whether the programme is succeeding or not.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...