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Make unions pay a deposit
Unions that bring members out on strike and take part in mass marches should be forced to pay a deposit to repair any damages that unruly members may inflict on businesses while they are on strike according to an article published by Business Live.
It quotes Russell Loubser, the outgoing chief executive of the Johannesburg Stock Exchange as saying that the deposit could be used to repair damages caused by unruly mobs.
He said that making unions put down a hefty deposit prior to a strike might be a way of combating losses incurred by businesses and individuals that stand by an watch as their property is damaged or their shops looted.
In a separate article, Business Report quotes Loubser as saying the global financial markets are making the same mistakes that were made in 2008 by banning the short selling of financial shares.
Business Report says that Loubser has warned that the global community is "close to tipping over into a depression".
Read more:
- Business Live: Make striking unions pay a deposit - Loubser
- Business Report: Loubser: Exchanges making same mistake
