Kganyago: Workers, investors should share gains

Johannesburg - There should be an equitable sharing of productivity gains between workers and investors, according to SA Reserve Bank (Sarb) governor Lesetja Kganyago.

"An unequal sharing of such gains in either direction is unsustainable. There must, especially in the South African context, be an appropriate sharing of productivity gains between workers and senior managers," he said at the Federation of Unions of South Africa's (Fedusa) collective bargaining conference 2015 in Muldersdrift.

"Productivity gains should be shared between existing workers and new additions to the workplace. If existing workers take all the productivity gains, then there is little scope to increase employment."