• 10 tips to find bargains

    Susan Erasmus gives advice on how bargain hunters can get the most bang for their buck.

  • Inside Labour

    Labour's bitter breaches need to be seen in historical context, says Terry Bell.

  • Rich getting richer

    Economists differ on how to tackle the chasm between rich and poor, says Leopold Scholtz.

Loading...
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

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
27 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Brought to you by BizNews

More from BizNews

We're talking about:

SMALL BUSINESS

Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 
 

Top 10 richest musicians of all time

Check out the gallery to find out who they are!

 
 

Luxury living

Seven of the most expensive children's toys ever made
5 millionaires turned murderers
The youngest billionaires in the world and how they made it
Watch: Flying first class has never been this luxurious!

Money Clinic

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

Voting Booth

How do you see your boss? He/sheis:

Previous results · Suggest a vote

Loading...