COSATU calls on govt to clamp down on companies not complying with Employment Equity Act - SABC News

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COSATU says it has noted the Employment and Labour Department’s lamentations about the lack of compliance with the Employment Equity Amendment Act by employers, especially in the banking and financial sector.

A"now hiring" sign is displayed outside Taylor Party and Equipment Rentals in Somerville, Massachusetts, US, September 1, 2022.A"now hiring" sign is displayed outside Taylor Party and Equipment Rentals in Somerville, Massachusetts, US, September 1, 2022.

COSATU Parliamentary Co-ordinator Matthew Parks says it’s not enough for the department to continue criticising transgressors instead of acting against them. He says, “The Amendment Act empowers the Minister for Employment and Labour to set specific targets for different economic sectors like banking, or specific categories, example, senior management, where employers show little interest in employment equity. The Amendment Act provides the necessary nuance and pragmatism that a demographically and regionally diverse society like South Africa requires.

” Whilst there is some validity in their arguments, the long-term solution to ensuring employment equity at the workplace is to grow the economy and create jobs. This requires reliable and affordable electricity, an efficient railway network and ports, functioning municipalities that provide basic services, SOEs that grow not suffocate the economy, the corruption that leads to the guilty being sentenced to prison and providing affordable capital for SMMEs.

The Presidency said, “The Amendment Bill seeks to advance transformation of South Africa’s workforce by setting equity targets for economic sectors and geographical regions and requiring enterprises to develop transformation plans. The Bill amends the Employment Equity Act of 1998 with new measures to promote diversity and equality in the workplace.”

 

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