This 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.
BL Premium reports that according to Neal Froneman, CEO of Sibanye-Stillwater, an apparent lack of co-ordination at cabinet level and no decisive, urgent leadership on restarting the SA economy were leading to irreparable harm.
Known for voicing strong views that others were too cautious to make public, Froneman opined that the promising start from President Cyril Ramaphosa in dealing with the coronavirus pandemic in SA by locking down the economy has been lost in political and positional jockeying among his ministers. "It’s incumbent on the government to do the right things. They’re doing more damage now by keeping businesses at level 4 than they are doing good by preventing Covid-19. They’ve got to get the balance right. They’re destroying the economy. We need real, clear, decisive actions from the government," Froneman said. Asked if the economy had reached tipping point, where there could be no recovery even if restrictions were lifted, Froneman was bleak in his view: "I think we’ve gone past that tipping point. You can’t go through an underperforming economy pre-Covid, then go through a downgrade, then this Covid lockdown, and now there’s this indecision on restarting the economy. It’s very bleak. We need to kick-start our economy. We have divided leadership. We are facing an incredible recession and we’re caught like rabbits in the headlights."
- Read the full original of the report in the above regard by Allan Seccombe at BusinessLive (paywall access only)
Get other news reports at the SA Labour News home page