INSIDE VIEW

HILARY JOFFE: ‘New economy’ needs new labour relations deal

The basis and nature of industrial relations in SA by definition place capital and labour permanently on opposite sides

25 October 2020 - 00:09 By hilary joffe

In an economy hit by double-digit contraction, battered by a 42% jobless rate and languishing in junk status, what should the key sector stakeholders — organised labour and business — be doing to lift SA out of the morass? President Cyril Ramaphosa, renowned proponent of social compacts, thinks they should be holding hands and making common cause in order to turn the economy around and set it on a path of rapid growth and development. His advocacy of social contracting and promotion of inclusive solutions may seem, to many, like fiddling in a time of crisis...

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