Data provided by iNet BFA
Loading...
See More

Union wants new vision for labour

Feb 12 2013 18:03 Sapa

Related Articles

Zuma gets 'we wish' from all sides

Zuma to focus on NDP in state address

Job hunting in post democracy SA

Unemployment triggers debt crisis

Govt, business discuss hurdles

SA is open for business, says Zuma

 

Johannesburg - President Jacob Zuma should tackle the problem of unemployment and job creation in his state of the nation speech, the union Neasa said on Tuesday.

"It's important for the president to elaborate on government's efforts to encourage job creation," National Employers Association of SA CEO Gerhard Papenfus said in a statement.

"All industries are losing jobs and unemployment is on the increase."

Zuma will deliver his state of the nation speech at the opening of Parliament on Thursday.

Papenfus said the country's collective bargaining and minimum wages had become a deterrent to job creation and job retention.

South Africa could not afford to lose jobs and then to introduce social schemes to sustain those that could otherwise have made an economic contribution.

"Our current structures of collective bargaining, minimum wages, and rigid labour laws are counterproductive and not conducive to address any of our national challenges," he said.

"Neasa looks forward to the president setting a vision of a labour market that will make South Africa an attractive destination for entrepreneurs and investors."

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

neasa  |  jacob zuma ­  |  state of the nation 2013  |  jobs
NEXT ON FIN24X

 
 
 

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
7 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

A cash flow crunch often occurs in small businesses trying to balance cash coming in with cash going out. Watch this video to help you improve.
 
 

Passive investment for retirement

The use of passive investment products, like Exchange Traded Funds, to deliver low-cost investment performance is taking off.

 
 

Start saving...

Time the key for retirement saving
Dummy's guide to saving
Save money with affordable account
All about endowments

Money Clinic

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