Today's Labour News

newsThis news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.

southafricalogoReuters reports that President Cyril Ramaphosa said on Monday there would be no mass layoffs of public sector workers as his government considers various ways to pull the economy out of a recession.  

In June, the National Treasury said it was considering layoffs and early retirement packages for staff in the public sector to avoid breaking its pledge to cut spending after unions clinched above-inflation wage increases.  But, Ramaphosa said at trade union federation Cosatu’s congress on Monday:  “The mass retrenchment of public sector workers is not under consideration.  The context of slow economic growth and weak revenue collection means that expenditure on other critical things will suffer … but we need to address this in a way that does not put the livelihoods of public sector workers at risk.”  SA needs faster economic growth to reduce its 27% unemployment rate and alleviate poverty and inequality and the ruling African National Congress has made repeated pledges to improve the economy.  Unemployment will no doubt be a key concern for voters ahead of elections next year.

  • Read this report by Mfuneko Toyana in full at Moneyweb


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