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- Thursday, 10 August 2017 16:15
The program was facilitated by Mark James, a Branch Manager at Sanlam who highlighted to SAMWU employees in attendance, the importance of allotting one’s income in accordance to the right ratios. The correct spending plan includes a mix of 35% housing, 25% expenses, 15% car expense, 15% savings and debt at 10%. The financial literacy program is especially curated and targeted at SAMWU employees and the worker as it delves into differences between funeral covers and life policies as well as highlighting the importance of having a will and saving on a monthly basis.
Once the workers complete the financial literacy program they receive a certificate. In addition, Sanlam has online practical exercises as well as supporting materials which the attendees can peruse through after the sessions. For a full week after the program Sanlam assigns support staff who come to the offices in order to answer any questions which the attendees may have and clarify any financial concepts which may have not been understood during the sessions.
Against the backdrop of a precarious economic situation, it is encouraging to know that there are organisations like Sanlam and SAMWU who together blaze the trail in positioning the worker optimally. This pilot is the first of the planned national rollout, which aims to benefit, enlighten and impart a very necessary skill on the worker. Both organisations are excited at the prospect of facilitating more sessions of this nature and hope the model may serve as a microcosm of what is possible when the worker is prioritised in way that helps their money work for them.
- Wednesday, 09 August 2017 14:07
09 August 2017
The South African Municipal Workers’ Union (SAMWU) extends its full support to workers who have embarked on a protest action in Phalaborwa, Limpopo. The workers are members of our sister union the South African Transport and Allied Workers’ Union (SATAWU) and are employed by a security service provider to the Ba-Phalaborwa Local Municipality, Mafoko Security Services. Following the discovery by workers that Mafoko Security Services had been deducting money from their salaries but failed to pay it over to their pension fund, workers demanded answers and a seedy resolution to this hence they embarked on a protest action outside the Ba-phalaborwa Local Municipality Offices.
- Wednesday, 09 August 2017 08:40
Workers will be delivering a memorandum of demands which includes the following;
- Tuesday, 08 August 2017 08:03
The South African Municipal Workers Union (SAMWU) joins the broader South African public in saluting the courageous women of 1956 and commemorating this year’s National Women’s Day on the 9th August. On the 9th August 1956 around 20 000 courageous women including the likes of Lillian Ngoyi, Hellen Joseph, Rahima Moosa and Sophie Williams gathered in Pretoria to march to the offices of the then South African Prime Minster J.G Strijdom to deliver a petition with over 100 000 signatures against the unjust pass law, it is as a result of their courageous acts that today all South Africans are enjoying the fruits of freedom in a very robust democratic country.
- Monday, 07 August 2017 09:07
- Monday, 07 August 2017 08:59
- Monday, 07 August 2017 08:50
- Monday, 07 August 2017 08:35
The South African Municipal Workers’ Union (SAMWU) has learnt with utter disgust that despite the high level of unemployment and poverty in the country coupled with the high vacancy rates in municipalities, some have taken it upon themselves to make municipalities their factional recruitment agencies, this while there are people who go to bed hungry not knowing where their next meal will come from.
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