Posts tagged with 'director'

 

If You’re White, You’re Out! Barloworld Defends & Continues its Systemically Racist Lay Off Programme!

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Black Monopoly Capital: Encouraged by racist courts, Barloworld is continuing to lay off staff simply because they are white, while Solidarity vows to intensify legal action after bringing an urgent application against Barloworld Equipment in the Labour Court, to challenge Barloworld’s consultation process during its recent race based retrenchment process.

According to Solidarity, Barloworld which manages brands like Avis, Caterpillar, Perkins, CAT, Timber24, etc., did not consult properly regarding the selection criteria used in order to decide which of its employees would be retrenched, because the selection criteria for retrenchments include, among other things, retrenchments based on race.

Willie Venter, deputy general secretary of the Metal & Engineering Industry at Solidarity said “We are extremely disappointed with the unfair way in which Barloworld handled the process. The fact that they have now laid off more workers on th
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#LetThemEatCash! Ramaphosa Fooling SA With WMC Spin, NOT Science! Faulty Test Stats & Cash Won’t Stop CCPvirus Nor Will it Protect Food Producers & Shops!

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#CoronaClown: Despite having months to learn from what other countries have gone through, Cyril seems intent on sticking to the African Way, as he tries to control the narrative and drip feed the black masses with unrealistic faulty test information, WMC inspired “relief” payouts to quell uprisings in townships, and to deny the inevitable, a catastrophe and his demise. SA-News reported over TWO months ago that asymptomatic COVID19 positive people were silently spreading the virus, now suddenly it is a scientific revelation? Cyril mentions food security, but not farm security? Like Zimbabwe, you can only throw so much cash at a problem until it becomes worthless, because it cannot be eaten and doesn’t reach those that need it most, because corrupt ANC politicians in
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Capitec director gets rid of all his shares

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Capitec director, Jean Pierre starred, sold all his shares on Tuesday. That was 5,000 shares at a total of R7.2m. He said it was a personal decision to sell now.

Pierre, one of the best-known short sellers in South Africa, became an independent non-executive director of Capitec at the beginning of 2015. Before long, he was outspoken in his criticism of African Bank, which collapsed in 2014.

The money generated from the sale is believed to be used by Pierre for the new hedge fund company he recently started, Protea Capital Management.

He does not intend to resign as Capitec’s director. Well-known fund manager Piet Viljoen noted on Twitter that Verster sold his shares.

Acoording to Iress Capitec’s share price was trading at its highest level of R1 455.29 on Tuesday.

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