Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

Equity: 'Punish non-compliance'

Aug 24 2009 13:54

Related Articles

Employment equity 'too slow'

Govt to cull labour brokers

Skills development standstill

Race debate greets Marcus

Redrafting of labour law welcomed

All eyes on Manyi

 

Top Stories

SA economy adds 80 000 jobs in January

Feb 13 2012 10:43

Although jobs were created, the economy is still 420 000 jobs short of the peak employment level before the 2009 global financial crisis, says Adcorp.

Greece at last approves austerity measures

Feb 13 2012 07:58

Greek lawmakers have approved a new round of drastic austerity measures after a long day of street battles between police and protesters left dozens injured.

What to do with R200K?

Feb 13 2012 07:41

A reader gets advice on quick returns on a lump sum.

 
Share Share line Print

Pretoria - An amendment to the Employment Equality Act to penalise companies not abiding by racial diversification in the workplace was recommended to the Labour Department on Monday.

The government's approach of persuasion was not having the desired effect and black and coloured people were bearing the brunt of it, Commission for Employment Equity chair Jimmy Manyi told journalists in Pretoria, at the release of the body's 2008/09 report.

While progress was taking place, it was at a slow pace. Out of the over 100 Johannesburg Stock Exchange listed companies randomly selected for evaluation, there were "no shining examples".

There was a "shortage of recognition of black people as competent". This was also the case for people with disabilities.

The government's response to non-compliance to the act was one of persuasion and they were given time to correct disproportional representation.

"There are going to be a lot more prosecutions now going on. Those who are not playing ball we will name and shame."

Fines for non-compliance also needed to be reconsidered as they currently amounted to "petty cash". Manyi said the amounts needed to be escalated to 10% of a company's turnover, which was similar to penalties handed down by the Competition Commission.

Labour Minister Membathisi Mdladlana said the figures showed a "disturbing trend" and agreed that prosecution in the Labour Court should be enforced immediately.

"Unfortunately there are people you have to drag to heaven because they are heading for danger."

Mdladlana said the longer it took to implement employment equity in the workplace, the more negative the impact on growth and stability of democracy.

Calls to remove legislation that dealt with the lack of racial diversity - a legacy of apartheid - was tantamount to "throwing away the Constitution".

He said previously disadvantaged people would soon get frustrated with extending an olive branch.

"Comply with the law instead of manufacturing a revolution that is not going to take us anywhere," he said referring to apartheid uprisings.

"You better touch our hand whilst we are still giving it," he said.

"I want to warn them that the revolution will be a revolution of all black people.

"I am as angry as I was. I have not calmed down a bit. If we want to unite the people of this country this is the route to go," he said.

The report showed that white men represented 61% of top management level, enjoyed 48% of all recruitment and made up 44.7 percent of all employees promoted to this level.

At the top management level black men represented 9.8%, enjoyed 12.6% of all recruitment and made up 12.7% of all employees promoted to this level.

Representation of people with disabilities at all levels and in both private and public sectors dropped from one percent over the previous years to 0.7%.

- Sapa

 
 
Comment on this story
0 comments
Comments have been closed for this article.
Facebook still a closed book in China
Feb 08 2012 16:59

Mark Zuckerberg wants to ''friend'' China's massive market but how far is he prepared to go, and against what competition?

Attie

Whilst doing my regular book browsing at Exclusive Books just before Christmas 2011 a book with the simple title “My Book” caught my eye. Paging through the book I saw nothing else but wild life photographs with accompanying quotations by either the author or another well-known person. ... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...