• All Share : 55188.337
    UP 0.92%
    Top40 - (Tradeable) : 48965.3579
    UP 1.15%
    Financial 15 : 17911.3643
    UP 0.09%
    Industrial 25 : 69888.1585
    UP 0.96%
    Resource 10 : 44222.0114
    UP 2.69%

  • ZAR/USD : 12.1222
    DOWN -0.24%
    ZAR/GBP : 18.3453
    DOWN -0.03%
    ZAR/EUR : 13.156
    DOWN -0.01%
    ZAR/JPY : 0.1013
    UP 0.20%
    ZAR/AUD : 9.4697
    UP 0.19%

  • Gold US$/oz : 1193.93
    UNCHANGED0.00%
    Platinum US$/oz : 1137
    UNCHANGED0.00%
    Silver US$/oz : 15.9
    UNCHANGED0.00%
    Palladium US$/oz : 770.5
    UNCHANGED0.00%
    Brent Crude : 65.49
    UNCHANGED0.00%

  • All data is delayed by 15 min. Data supplied by Profile Data
    Hover cursor over this ticker to pause.

Sun Apr 26 04:49:43 SAST 2015

Wage demands unaffordable: iLIVE

iLIVE | 31 January, 2013 00:01

Image by: Gallo Images/Thinkstock

The biggest problem with South African unions is that they fight for popularity among their members rather than for real financial prosperity ("New wages will strip us naked", yesterday).

The average union member, quite understandably, wants a bigger salary, so the union bosses have to be seen as fighting for that. Of course, the average union member has no idea of the impact his unrealistic demands might have on the economy, and union bosses have no incentive - assuming that they actually understand it themselves - to try and explain that. - Mike, by e-mail

COSATU and the government seem to regard employers as the enemy. The private sector is expected to provide employment to all and sundry at a living wage. Politicians seem not to understand that entrepreneurs expect a return on their investment. - Alan, by e-mail

SHARE YOUR OPINION

If you have an opinion you would like to share on this article, please send us an e-mail to the Times LIVE iLIVE team. In the mean time, click here to view the Times LIVE iLIVE section.