News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

My Biz

Submit content

My Account

Advertise with us

Manuel, Gordhan "get wrists slapped"

President Jacob Zuma and his Cabinet have given Finance Minister Pravin Gordhan and Nation Planning Minister, Trevor Manuel a slap on the wrist for comments made by the two of them about South Africa's labour policies according to an article published in Business Day.

A statement after the weekly Cabinet meeting stated firmly that the Department of Labour is the "lead department on labour matters". Last week Gordhan evoked a storm of protest from trade unions for his comment that the labour laws should be relaxed to encourage job creation.

Manuel came out in support of Gordhan saying that "nothing should stand in the way of job creation".

Meanwhile, the International Monetary Fund has warned that without labour reforms, the South African economy will have to grow at between 6% and 7% annually if it wants to reach its goal of creating 5-million jobs.

Read more:


Let's do Biz