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Numsa: Gear fails all targets

Jun 04 2012 09:42 Sapa

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Johannesburg - The Growth, Employment and Redistribution macroeconomic policy (Gear) has failed to meet all its targets, the National Union of Metalworkers of SA (Numsa) said on Sunday.

"Gear did not care about building South Africa's domestic economy," said secretary general Irvin Jim.

He said gear was directly responsible for capital flights about 20% of gross domestic product (GDP) leaving the country.

"We are the only country that extracts minerals without beneficiation and diversification for both upstream and downs stream industries.

He was speaking at the union's 25th anniversary rally in Durban.

"We are just custodians of mineral rights, we celebrate allocation of those mineral rights."

He said companies in the past 18 years have consistently launched an attack to the working class and critical jobs have been outsourced in the pretext of competitiveness.

"This meant that all workers' gains, benefits and conditions some won during the dark days of apartheid have been under severer (sic) attack."

He said companies imposed all forms of precarious work such as labour brokers, temporary work, casualisation, contract work, used technology to displace workers instead of bringing technology to make the jobs of workers easy.

"The overall strategy is to continuously reduce the cost of production and labour is seen as a cost to be reduced."

He said the fundamental question was: if companies embark on such a strategy that increases volumes of production but at the same time destroys jobs, who was going to buy their product?

 
numsa  |  gear  |  sa economy
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