Latest Notifications
Circular 2024.03
Circular No: 03/2024 15 March 2024
ALL PARTICIPANTS IN THE MOTOR INDUSTRY
INCREASE OF NATIONAL MINIMUM WAGE
Industry is hereby reminded that on 01 March 2024, the National Minimum Wage (NMW) was increased for every ordinary hour of work (in terms of Government Gazette 50073 of 02 February 2024, Notice R.4331).........more >>>
Circular 2024.05
Circular No: 04/2024 15 May 2024
ALL PARTICIPANTS IN THE MOTOR INDUSTRY
IMPLEMENTATION OF REMITTANCE ADVICES FOR PAYMENT ALLOCATION
MIBCO has identified discrepancies between payments received and the corresponding Returns in the Council's bank account, hindering the correct allocation to intended funds. This has led to delays and complications in payment allocation..........more >>>
Circular 2024.08
Circular No: 08/2024 15 July 2024
ALL PARTICIPANTS IN THE MOTOR INDUSTRY
PRESCRIBED MINIMUM, GUARANTEED WAGE INCREASES & RELATED INFORMATION FOR THE PERIOD 01 SEPTEMBER 2024 TO 31 AUGUST 2025
The new minimum wage rates, guaranteed wage increases, and related information published herein are based on MIBCO Gazette 48340 of 31 March 2023, Notice no. R.3226. These wage rates will become effective on Sunday 01 September 2024 and shall remain in place for the period up to 31 August 2025..........more >>>
Circular 2024.07
Circular No: 07/2024 12 July 2024
ALL PARTICIPANTS IN THE MOTOR INDUSTRY
NOTICE OF TWO-POT RETIREMENT FUND INFORMATION SESSIONS
In accordance with Section 33 of the Labour Relations Act, 66 of 1995, as amended and Clause-9 of the MIBCO Administrative Agreement, MIBCO is required to promote the Retirement Fund Two-Pot system and benefits..........more >>>
Circular 2024.09
Circular No: 09/2024 22 July 2024
ALL PARTICIPANTS IN THE MOTOR INDUSTRY
INTRODUCTION OF THE EMPLOYER PORTAL FOR EMPLOYERS TO ADMINISTER EMPLOYEE INFORMATION
We are pleased to announce the launch of the MIBCO Self-Service Portals, Employer Section (Employer Portal), hosted on the MIBCO website (www.mibco.org.za), that will allow employers to update their employees information. In line with legislative and regulatory requirements, it is the legal responsibility of employers to ensure that the correct information is provided to MIBCO..........more >>>