• Business model as medicine

    Revisiting your business model is a useful way to revive your business, says Ian Mann.

  • No sugar-coated pill

    The cost of uninformed medical consent runs into billions, says Mandi Smallhorne.

  • Greek tragedy

    Athens' relations with the EU was an accident waiting to happen, says Leopold Scholtz.

See More

Vavi: Segregation is the new apartheid

Oct 14 2010 17:57 Sapa

Related Articles

Few public sector unions prepared to sign

'Create a single public sector union'

Civil service dispute drags on

ANC: debate welcome, but no shifts

All eyes on Patel's growth plan

Gordhan: Cosatu will be consulted

Johannesburg - The apartheid of racial segregation is being replaced by the apartheid of economic segregation, Congress of SA Trade Unions general secretary Zwelinzima Vavi said on Thursday.

"We buried apartheid that was based on legalised racial segregation, only to maintain a new kind of apartheid of economic segregation largely still based on racialised exclusion but increasingly based on pure class exclusion," he told delegates at the Xstrata seminar on constructing an ethical society.

The wealth of the elite is at a shocking level, he said.

"South Africa has spawned an uncaring, self-absorbed and indifferent elite whose major sport is an ostentatious display of wealth and power.

"Crass materialism threatens the spirit of selfless service that characterised our democratic movement."

Vavi said the packages given to CEOs in major companies was "way out of kilter" with their productivity.

It was scandalous that in 2008 the top 20 paid directors on JSE-listed companies earned 1 728 times more than the average worker and directors in state-owned enterprises earned 194 times more, he said.

About 71% of black female-headed households earned less that R800 a month and 59% of them had no income.

"When workers demand even as little as a R200 per month increase they are told that they are threatening the stability of the economy," Vavi said.

"This is what makes my stomach turn. For as long we have this situation we are far from achieving the promises of the Constitution for a more equal society.

"It is not workers who undermine this vision but those with power."

The widening inequality in South African society threatened the country's democratic gains, Vavi said.

zwelinzima vavi  |  cosatu


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
Add your comment
Comment 0 characters remaining

Company Snapshot

We're talking about:


Fin24 has teamed up with Ian Mann, ace business book reviewer and author of the best-selling book “Managing with Intent,” to host the second Best Business Books Breakfast of the year where Ian will show you how to lead and attract.

Money Clinic

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

Voting Booth

Facebook as a tool for small business is:

Previous results · Suggest a vote