Stuttering state-owned bus company collapses workers’ provident fund
North West Star bus service, operating in parts of Gauteng and North West, regularly pays its workers’ wages late
A state-owned bus company is struggling to pay its employees on time and has defaulted on making payments to its workers’ provident fund, leading to the fund’s liquidation.
The embattled North West Transport Investments (NTI), which employs about 1,500 workers at its North West Star bus service, failed to make monthly premium payments to its provident fund operators which led to the fund going into liquidation.
No contributions had been paid for about 18 months until November 2021, when the fund went into liquidation and employee deductions were halted...