28.11.2013

Engagements between government, business and labour now more critical than ever

Engagements between Government, Business and Labour now critical more than ever

The need to intensify the engagement of government and business on labour market issues has become critical given the disappointing economic growth in th e last quarter of 2013. With growth now estimated at 0.7% in the fourth quarter, the annual growth forecasts have been revised downward to 1.9%.

With the negative impact of the labour instability in South Africa becoming clearer now ; the precedent set by the watershed strikes in the Doorns and Marikana has evoked the urgent need to address labour law amendments that are causing damage to the social partnership, economic viability and job creation

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