Ramaphosa backs down on grand social compact with labour, business | News24

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Ramaphosa backs down on grand social compact with labour, business | News24
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President Cyril Ramaphosa's ambition to strike a grand social compact with business and labour might not work out after all, he suggested to delegates at the ANC conference on Friday evening. | politicsblahbla

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President Cyril Ramaphosa's ambition to strike a grand social compact with business and labour might not work out after all, he suggested to delegates at the ANC conference on Friday evening.

Ramaphosa, who said in his February State of the Nation Address that he wanted a social compact agreed upon within 100 days, is a strong believer and champion of compacting, which he has advocated as the best way to generate economic growth. But on Friday, Ramaphosa said:"We need to assess whether our ambition to build a 'grand' social compact is feasible or whether we need to focus on building social compacts around the various areas that require broader social collaboration."Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

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politicsblahbla There already is a contract, government provides infrastructure for business to get on with business, simple stuff like electricity,water and refuse collection. Access to transport and export facilities, it's not that hard 🤔

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