• IS provokes sea-change

    It has been a grave mistake to defy both Russia and France, says Leopold Scholtz.

  • Nene's SAA nemesis

    No political figure seems to have the guts to speak out against Dudu Myeni, says Solly Moeng.

  • The mp3 revolution

    Ian Mann takes a look at the war between digital music and the compact disc.

All data is delayed
See More

Numsa: Wage subsidy will not help

Jun 28 2012 16:52

Johannesburg - The proposed youth wage subsidy will not create employment for young people, the National Union of Metalworkers of SA (Numsa) said on Thursday.

"We have rejected it, it will not solve the problem," secretary general Irvin Jim said on the sidelines of the ANC's national policy conference in Midrand, Johannesburg.

"It will rotate young people and it will never equip them with the necessary skills."

He said the union wanted young people to be employed to a level were they would be properly paid.

"[This] wage subsidy will not stop poverty, unemployment and inequality."

Jim said Numsa had made its case at the policy conference and it was up to delegates to decide.

"We have made our case. We cannot predict the outcome."

Numsa proposed that all key economical sectors be nationalised.

"We want our product to benefit the country and it should be manufactured within the country."

Jim described the debate in commissions as "healthy, robust and promising".

numsa  |  youth wage subsidy


Read Fin24’s Comments Policy

24.com 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:


Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.

Money Clinic

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

Voting Booth

The 25 basis points interest rate increase is:

Previous results · Suggest a vote