Today's Labour News

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boardroomtableFinancial Mail reports that there is widespread cynicism about how much the presidential jobs summit this week will help SA’s unemployment crisis.  

The meeting on Thursday and Friday will bring together business, labour and the government to discuss "collaborative and high-impact interventions to drive job creation, job retention and economic growth”.  Understandably, analysts and economists have adopted a wait-and-see approach, questioning the timing of the summit and asking what previous such gatherings have achieved.  The summit has been a long time in the making.  It was announced by President Cyril Ramaphosa in February, although trade union federation Cosatu has been calling for such a gathering since 2009.  It now comes just a few months before next year’s elections, when the ANC will need Cosatu’s support to clinch victory.  Labour consultant Tony Healy says the politics around the elections will weigh heavily on the summit and could militate against the necessary decisions being made.  Ann Bernstein of the Centre for Development & Enterprise (CDE) said the summit would be a "wasted opportunity" if it did not deal with the key structural constraints on employment, including rigid labour laws.  But, Cosatu and other labour federations have already declared they won’t entertain talk of legislative reform.  Meantime, Cosatu’s biggest affiliate, Nehawu, has accused the government and business of not being committed to the process.

  • Read this report by Theto Mahlakoana in full at BusinessLive
  • Read too, Business and NGO leaders warn summit on jobs is being ‘stage-managed’, at BusinessLive

Get other news reports at the SA Labour News home page