SA economy faces more storms as labour and government don’t see eye to eye.
To compound matters, trade union federation Cosatu – which slammed government’s intention to renege on their three-year remuneration deal reached in 2018 – could not reach consensus with government, business and civil society during Monday’s National Economic Development and Labour Council meeting at the ANC’s extended national working committee sitting.
Not withstanding government spending being at “its highest level since the start of democracy” and “well above what the economy could afford”, Cosatu refused to engage with government and its plan to curb the public sector wage bill, saying the matter should only be negotiated at the Public Service Coordinating Bargaining Council where the trade union – along with other labour unions – have already rejected government’s planned cuts on the bill.
However, Cosatu’s parliamentary co-ordinator Matthew Parks told City Press that “there were no ongoing discussions on the wage bill as public service wage bills fall under the PSCBC and not any other structure”. A source who attended both meetings – the ANC’s NWC as well as the Nedlac meeting that sits every first Monday of the month – said “government and Cosatu continue to not see eye-to-eye on the wage bill matter and instead of having unproductive meetings decided to rather discuss yet another pressing issue of the ailing state-owned entities .
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