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.

SA faces another 1976 uprising - Vavi

May 26 2011 22:09 Sapa

Related Articles

Vavi: Mines, apartheid created killers

Manuel: Govt set apartheid in concrete

Vavi: Segregation is the new apartheid

 

Top Stories

Cell C move sparks price war

May 27 2012 11:21

There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.

Another golf estate victim

May 27 2012 13:09

The oversupply of golf estates has claimed another victim.

Tupperware agents incensed by fakes

May 27 2012 11:49

The country's 200 000-odd Tupperware agents are angry about the counterfeit products being sold as the real McCoy.

 
Share Share line Print
Johannesburg - Unless drastic action is taken to reduce unemployment, South Africa may face another 1976 uprising, Cosatu general secretary Zwelinzima Vavi said on Thursday.

"I have already over and over again pointed out the danger of a ticking bomb, that unless we can do something drastic about the crisis of unemployment, in particular youth unemployment, we risk another 1976 uprising," he said in a speech delivered in Johannesburg.

He was speaking at a discussion themed "Critical conversations on prospects for a non-racial future in SA".

There could be no "genuine reconciliation" if the status quo was maintained.

"Our argument is that we need a new growth path that can address all the structural fault lines of the colonial economy."

Such a path meant breaking up the concentration of power and production.

"Shouting neoliberal slogans such as saying that there must be economic growth and everything will then fall into place is not only reckless but narrow and irresponsible."

Blacks need to extend hand

Vavi said affirmative action was still essential to achieve reconciliation.

"But it will not work if it simply means condemning more people from the minorities to unemployment and poverty, while enriching a tiny number of people from the majority.

"True reconciliation and true reconstruction will happen when whites accept that the current inequities are not sustainable politically in the long run.

"Equally reconstruction and reconciliation will happen the day the black majority accept that equity is of critical importance, but that precisely because of our past the white minority has better education."

He said it was up to the black majority to extend the hand of reconciliation.

"After all the only ones with a better chance to achieve national reconciliation are the victims of the past racial segregation."

 
 
Comment on this story
298 comments
Add your comment
Comment 0 characters remaining
It pays to know the cost and what you’re getting in return
May 28 2012 09:33

Investors may not have a clue what they’re paying their money managers or they type of service they’re getting, or, whether they can actually negotiate lower fees. (Reuters)

Perfin

I arranged two workshops in Cape Town at the Cape Chamber of Commerce offices as well as two computer based workshops, one on Google Adwords and another on Joomla Administrator at the training centre in Somerset West. Emarketing Workshops - http://emarketingworkshops.co.za/next-workshops 1. Interne... 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...