SOCIOECONOMIC ACTION PLAN: Business, labour losing patience with Ramaphosa after expired deadline for new social compact

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 75 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 84%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

Cyril Ramaphosa has missed the deadline for delivering a new social compact in which business, labour and communities come together to draw up an action programme for building a better society.

Seeking consensus from the two biggest groups in society, business and labour, on ways to solve South Africa’s crippling socioeconomic problems has been the cornerstone of Cyril Ramaphosa’s presidency over the past four years.

Evidence of this can be seen in the difficulties that Ramaphosa is facing in finalising a new social compact, in which social partners come together to draw up an action programme for building a better and more inclusive society. The economy has stalled and cannot create jobs. There are intolerable levels of corruption. The Covid pandemic has worsened poverty and inequality levels that were already stubborn. Households are facing a cost-of-living crisis. Crime rates are on the rise. Public services are failing.To address these problems, Ramaphosa promised, during his February State of the Nation Address , that a new social compact would be completed within 100 days.

In his weekly newsletter on 25 July, Ramaphosa made it seem as though negotiations over the new social compact are progressing without disruptions or fundamental disagreements, especially on ideology. Ramaphosa argued that reaching an agreement on the social compact is still under way and disagreements are par for the course.

“The proposals are too generic and some are impossible to implement. They lack tight timeframes, systems and processes to implement them. If we agree to commit to the proposals, the compact won’t have an impact. It will gather dust,” he told“Business has always been committed to getting the social compact finalised within 100 days.

: “Whilst Cosatu supports the principle of a social compact, we will not support one that sacrifices the hard-won rights of workers…

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Missed? Why should Cyril, the ANC - given their Marxist ideology and agenda - want business, labour and communities to come together on any basis?

Since when has the ANC government delivered anything on time. They cannot even deliver school books on time.

I’m gradually making more earnings now in my trades but with the aid of a trader that was recommended and now I'm recommending her to y'all EliDonovan01

I have always hated Bitcoin and thought it was a scam until a friend referred me to Allison_Grillo, I made my first withdrawal of R100,000 in 2 weeks thanks to Allison_Grillo.

Because, once again, there simply is no plan to fix things and get SA out of the mess it's in

Let's be clear, all three have failed to deliver, government, business and labour. That's why it's called a compact.

Maybe the PresidencyZA should stop using big words like' compact' that no one understands and rather provide some much needed hope and inspiration for a country failing fast.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines