According to South African Labour News, Mail & Guardian reports that the labour department wants troubled Cosatu affiliate the Chemical Energy Paper Printing Wood and Allied Workers’ Union (Ceppwawu) to be put under administration. ‘The department, which regulates the affairs of all unions, says in court papers the union has failed to submit audited financial statements for several years and the department wants an administrator to be appointment to run the union’s affairs’. ‘The labour department’s legal papers show that the union incurred losses amounting to R56.9-million between 2008 and 2012 and, according to a draft financial statement, it could not pay its operational costs because of a lack of liquid funds. Mofokeng has failed to convene national executive committee meetings, something that the department claims is a contributing factor to the union’s dire financial situation. Ceppwawu owns an investment company, which is valued at R3.8-billion, but the department maintains the union has also failed to submit audited financial statements for that body’.
Future of Cosatu chemical workers’ affiliate Ceppwawu in question and Read this report by Matuma Letsoalo in full at Mail & Guardian.