South Africa’s government sought a series of commitments by labor unions and business, ranging from lower entry-level wages to an agreement to boost investment, as part of a plan to revive the nation’s struggling economy.
The proposals angered both parties because they contain stipulations they aren’t willing to meet and want the government to do more to confront immediate problems such as power outages and state corruption, according to people familiar with the matter who asked not to be identified because the talks are private.
Work on agreeing the social compact is still underway, and differences and their resolution are part of that process, presidency spokesman Vincent Magwenya said in response to a request for comment sent by text message. Earlier this month, Thabo Mbeki, who beat Ramaphosa in an intra-party fight for the right to lead South Africa after former President Nelson Mandela stepped down, criticized Ramaphosa for failing to deliver the plan. He warned the country faces Arab Spring-style protests because of growing inequality, unemployment and poverty.
Business was also asked to agree to targets to enforce the use of locally made products, to strengthen job security at large companies, moderate executive pay, put worker representatives on boards and help the government boost welfare payments “funded through revenue measures.”
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