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Financial Mail editorial

I enjoyed reading the editorial of the Financial Mail of 27 June 2014.  It is some time ago now, but what it said is still relevant.  It dealt with the ANC’s announcement that 6 million jobs will be created over the next 5 years and points out that in 2006 we had just over 13 million employed in South Africa and some eight years later that is the same number of people that are employed in South Africa.  Against that background they say the possibility that we can create 6 million jobs by 2019 “verges on laughable.  This is especially so when you consider in the past three years, in a notionally improving economy, only 250,000 jobs have been created every year.”  

The editorial went on to again point out that until such time as the government removes restrictions on hiring and firing that management of various companies around the country are going to remain dissatisfied with the current balance of power in labour matters.  Big business, as I have written many times, do not want to put up with the overly employee-friendly labour laws in South Africa, and given that they can take their business to any country in the world, and do, jobs are not going to be coming to South Africa any time soon – which in turn gives rise to disaffected youth and the people that are voting, for example, for the EFF.  Sooner of later somebody is going to have to bite the hard bullet of understanding that we cannot leave all the power in the hands of Unions, and some of that power was illustrated in the AMCU strike, where the strike continued for months longer than it probably would have, if secret ballots had been allowed.  Having everybody in a stadium, all looking at each other, and then voting on whether or not the strike should continue, was one of the reasons that the strike went on for far longer than it would have if there had been a secret ballot on the strike.  Things need to change before jobs are created.  

Posted by Michael de Broglio on Monday 21-Jul-14 Share on Facebook   Tweet It

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Comments

Thabitha  said:
on Tuesday 29-Jul-14 09:28 AM
I hate what is happening to our country you cannot wash yourself with one hand we need each other,I ask myself what is going to happend to our country to next coming years

Sorea  said:
on Tuesday 29-Jul-14 08:59 AM
You cannot expect opportunities to pour into your country from the investors we so desperately need to create further employment, when the image we put out is that we cannot even control the current work force and allow them to run rampant. Because remember, our work force does not just strike with impunity, they do so in a violent and intimidating manner not caring whether the workers or employers that they are attacking are actually part of their union or not. I think our government might be a tad optimistic with their projected job creation predictions.

Jolene  said:
on Tuesday 22-Jul-14 05:05 PM
That is another big problem; people dont want to work. When we opened the Pretoria offices we struggled to get a cleaning lady for the office; some of them were not happy with the pay (little money is better than nothing) others dont want to come only once a week. So they will rather do nothing than, at least, working once a week. I was really shocked.

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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!
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