The leading South African business and labour-union organisations criticised both the content and tardiness of a plan by President Cyril Ramaphosa to form a so-called social compact to revive the ailing economy. | Fin24
The Congress of South African Trade Unions said it won’t accept the weakening of workers’ rights and the head of Business Unity South Africa, or Busa, said the organization was dismayed by how long it had taken the government to put together the plan.
The reaction of both groupings adds to an earlier attack on Ramaphosa’s plans by Thabo Mbeki, a former president. At a memorial for a senior member of the governing African National Congress this month, he warned of an Arab Spring-like moment for South Africa unless the government addressed poverty and inequality. He said, to an audience that included Ramaphosa, that despite the current president’s pledge, “nothing had happened.
“While Cosatu supports the principle of a social compact, we will not support one that sacrifices the hard-won rights of workers, be it protecting from unfair labour practices or the right to have their wages protected from erosion by inflation,” the group said in a response to queries. “Paying workers poverty wages and treating them like slaves will not grow an economy.”
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