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.
Bloomberg News reports that the SA government, trade unions and business representatives have agreed to form working groups with the aim of finding agreement on a plan for reviving the nation’s ailing economy.
Stakeholder representatives at the National Economic Development and Labour Council (Nedlac) on Thursday night made the decision to split into smaller groups to work on elements of a so-called social compact – an accord that President Cyril Ramaphosa said in February he expected to be agreed upon within 100 days. He has missed that deadline. “There is no definite time frame, but we want the process to be completed before the State of the Nation Address that will be delivered by the president” in February, Matthew Parks, parliamentary coordinator for the Congress of South African Trade Unions (Cosatu), indicated. Ramaphosa said last February that by bringing together the government, business, labour and civil society, he expected to chart a path forward for an economy that has been languishing for over a decade. Unemployment is at a near-record high, sovereign debt is climbing and a litany of corruption scandals have eroded faith in the government.
- Read the original of the report in the above regard by Paul Vecchiatto at Fin24
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