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The two topics guaranteed to generally receive the most reaction on my blog are topics relating to smoking and to labour laws. When it comes to smoking, people who smoke generally have the attitude that they are making the decision and they can decide what they want to do – ignoring all the evidence of the tremendous costs they put on society as well as their fellow employees when ultimately their health is at risk – in the form of lung cancer and various other cancers and diseases which are all ultimately paid for by the State and fellow taxpayers. So its not something they suffer with alone – we as taxpayers end up paying for their choice.
One could make similar arguments about the labour laws and that is that we live in a country with mass unemployment and where our labour laws do not encourage employment, but those with jobs already, are quire comfortable with the situation and don’t really care too much about what may be done, in terms of the law, to increase job creation. New laws will be coming in shortly relating to temporary workers who, while they will not have the same status as permanent employees, will shortly receive similar benefits. We are already in a situation where 11 million people have formal employment in the year 2000 and that we are currently at 9,1 million people – in other words, 1,9 million people have lost jobs in the formal sector in the last 12 years.
The experts are predicting, with the new amendments, South Africa’s labour law environment will be the worlds’ worst when the next World Economic Forum global competitiveness report is released. The reality of the matter is, and it is a tragedy for South Africa, but while the laws remain as they are, and continue to get stricter, major international companies will simply bypass South Africa – there are so many other options where to invest one’s money and you don’t need to invest it in a market which has far stricter labour laws than any other market. Of course, the lazy will rejoice and say that it is great, but nobody who has any understanding of business or the fact that nations have to compete with each other will think that we are going down the right route in South Africa with our labour laws.
Posted by Michael de Broglio on Monday 11-Feb-13
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Comments
Juliet said:
on Wednesday 13-Feb-13 08:18 AM
And let's see if JZ has anything useful to say tomorrow regarding how businesses should go about employing young adults
Benita said:
on Monday 11-Feb-13 01:43 PM
This is yet again a reason that Legal South African citizens are immigrating. We live in such a beautiful country with so many resources, yet it is not being managed correctly.
Benita said:
on Monday 11-Feb-13 01:43 PM
This is yet again a reason that Legal South African citizens are immigrating. We live in such a beautiful country with so many resources, yet it is not being managed correctly.
cherise said:
on Monday 11-Feb-13 12:33 PM
I agree with Jessica point of view.
I however do not know much about Labour laws (Labour market). which is something I will be sure to check into.
very interesting point of views
Jessica said:
on Monday 11-Feb-13 10:13 AM
Ah the smoking again LOL just remember smoking doesn't take as many lives as drunken drivers do or druggies do.
I think this is going to give us an earlier recession. Not what we need. What we need is the illigeal immigrants to be sent back home and then it will give more jobs for actual South African people to have jobs. Now they adding a whole new law to accommodate non South African's? Yip only in S.A
Johannesburg based attorney specializing in personal injury matters including Road Accident Fund claims and medical negligence matters. My interests include golf, reading and the internet and the way it is constantly developing. I have a passion for life and a desire for less stress!
