Public sector wages showdown: this time it’s got to be different
Public sector wage talks have been one-way traffic for years. Government officials may huff and puff, but their political masters knows who voted them into power.
Public sector wage talks have been one-way traffic for years. Government officials may huff and puff, but their political masters knows who voted them into power.
In a speech he made in Stellenbosch last night, entrepreneur Herman Mashaba offered his vision on how to provide jobs for SA’s growing army of unemployed.
The decision to increase domestic workers’ annual wages, in line with the new minimum wage, ANC’s commitment to improve the lives of lowly paid workers.
South Africa’s struggling economy cannot sustain current wage settlements of around 8 percent, which are also a threat to jobs, Reserve Bank Governor Gill Marcus said on Thursday.
Lack of jobs are giving trade unions sleepless nights, Congress of SA Trade Unions general secretary Zwelinzima Vavi said on Tuesday.
JOHANNESBURG (Reuters) – South Africa’s business confidence fell to its lowest in 15 years in July, amid concerns that rising wage demands by unions will lead to higher unemployment, a survey by the South African Chamber of Commerce and Industry showed on Thursday. The SACCI business confidence index dropped to 87.9 in July from 89.7 in June, the … Read more
JOHANNESBURG (Reuters) – South Africa’s main metals employer body has “reluctantly” accepted a government proposal to raise wages by up to 10 percent, it said on Tuesday, raising hopes of an end to a strike sapping the continent’s most advanced economy. The Steel and Engineering Industries Federation of South Africa (SEIFSA) said striking unions had until Friday to … Read more
PRETORIA (Reuters) – South Africa’s unemployment rate rose to 25.2 percent of the labour force in the first quarter of 2014 from 24.1 percent in Q4, data showed on Monday. In its quarterly labour force survey, which polls households, Statistics South Africa said this amounted to 5.067 million people without work in the first quarter, up from 4.83 … Read more
We were bemused by the Stats SA report claiming the economy created 507 000 new jobs last year. That implies almost 5% growth in employment when the economy expanded under 2%. A conclusion which only makes sense to the innumerate. And politicians, including President Jacob Zuma, who has been trumpeting the joyful news at every … Read more
Debate is good. More so when it’s based on facts rather than narrative. In this excellent blog, advocate and labour lawyer Frans Rautenbach relies heavily on facts, providing plenty of links to his highly credible sources. The only people who still believe Nationalisation can work are those who have never bothered to check its record. … Read more