All data is delayed
See More

Cosatu rejects dispute over NDP

Jul 04 2013 14:18

Johannesburg - Cosatu denied on Thursday that a tripartite alliance economic summit had been postponed because of differences over the National Development Plan (NDP).

"It was postponed purely for logistical reasons," Congress of SA Trade Unions spokesperson Patrick Craven said.

The summit, which was initially scheduled to be held on Thursday, would reportedly deal with the NDP.

African National Congress spokesperson Jackson Mthembu said the summit had been postponed because the alliance was "not yet ready for it".

The NDP was accepted by the ANC at its national conference in Mangaung in December.

However, Cosatu and the SA Communist Party (SACP) have expressed reservations about certain aspects of the plan.

On June 24, the SACP and Cosatu said in a joint statement they had met to discuss preparations for the summit.

"On preparations for the... summit, it was agreed to focus the discussion on what the ANC 53rd conference called the second phase of radical economic transition, which calls for a fundamental restructuring of our economic growth trajectory," they said.

"The two delegations agreed that our organisations held broadly convergent views on the National Development Plan, in particular that the chapter on jobs and the economy requires serious reworking."

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

sacp  |  cosatu  |  anc  |  jackson mthembu  |  patrick craven  |  ndp  |  economy



Read Fin24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

We're talking about:


With infrastructure spending having been identified as one of the key focus areas of the National Development Plan, tradesmen will continue to play a critical role in growing the South African economy through their skills..

Money Clinic

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

Voting Booth

A 30% a month return on investment is:

Previous results · Suggest a vote