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Business questions relevance of Nedlac

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The council must review how it will remain relevant in an economy characterised by artificial intelligence, digitalisation and hybrid ways of working, business

Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.Business leaders questioned the relevance of the National Economic Development and Labour Council at its 29th annual summit in Johannesburg on Friday.

In 2021 the Nedlac executive council established a governance task team to review the council’s founding documents, including the Nedlac Act and the Nedlac constitution. Nedlac has also brought parties together such as the Electricity Summit, which led to a Nedlac Accord ; the development of the Framework for South Africa’s Response to the International Crisis ; the Social Compact to support Eskom ; and the Covid-19 Nedlac Rapid Response Task Team .

Raymond Parsons, an economist at the North-West University Business School and a former convenor of Nedlac, concurred, saying there was a huge challenge ahead for Nedlac to reform.

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