Source: Ferial Haffajee, Business Maverick, 16 September 2020, photo credit: DOC Research Institute
Government, business and labour haven’t come up with a single social contract but have kept to their own plans and instead agreed on priorities at Nedlac.
Facing a sovereign debt trap and the possibility of a real unemployment rate of 50%, the government and its partners in business, civil society and labour have agreed on an “action plan” to rescue the economy.
Billed as an “employment-centred growth” plan, the parties have negotiated a concrete set of measures (some new, some old) and many with conclusion dates set only months away. The trade-off for more employment (by the private and public sectors) is that the parties agree to “review employment and empowerment-related policy and legislation”.
The plan will be overseen by a presidential working committee chaired by President Cyril Ramaphosa. Leaders from business, labour and civil society – five-a-side – will meet monthly to make sure it is not reduced to another talk shop.
The South African Pork Producers’ Organisation (SAPPO) coordinates industry interventions and collaboratively manages risks in the value chain to enable the sustainability and profitability of pork producers in South Africa.