Loading...
See More

Youth subsidy gets the green light

Feb 04 2013 13:39 Sapa

(File, Sapa)

Related Articles

ANC, Cosatu youth grant clash on cards

Patel seeks consensus on wage subsidy

Numsa: Wage subsidy will not help

ANC: Job grant won't replace youth wage

Youth support wage subsidy - survey

ANC wants speedy youth wage subsidy

 

Johannesburg - The ANC and its alliance partner Cosatu were in agreement over the youth wage subsidy, the ruling party said on Monday.

"An urgent meeting was held this morning (Monday) with Cosatu on issues relating to youth incentive scheme. There will be no blood on the floor about this," party secretary-general Gwede Mantashe told journalists in Johannesburg.

The trade union federation was reported to be opposing the youth wage subsidy for fear that it would see older workers pushed out of jobs.

"There is a general agreement on this approach by the ANC and Cosatu," Mantashe said.

The scheme would target young people, young graduates and students in tertiary institutions who needed to complement formal study with practical work, he added.

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

cosatu  |  anc  |  youth wage subsidy
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
20 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

Retailers of any shape and size can now unlock the power of mobile transacting.
 
 

Goalkeeper saves five penalties with his FACE!

Nothing, and we mean nothing, will keep goalkeeper Scott Stirling from stopping the ball!

 
 

Men24.com

Hottie of the day: Jesselyn
This invention makes farts smell like chocolate!
11 things men don’t know about their clothes
Hilarious mortal kombat elevator prank!

Money Clinic

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