It makes no sense to get a wage increase that immediately leads to job losses… Only people who are really poorly paid should get an increase above inflation…— Bheki Ntshalintshali, Cosatu
The Congress of South African Trade Unions (Cosatu) is encouraging member unions to be cautious when wage negotiations in their industries kick off.
Cosatu General Secretary Bheki Ntshalintshali said wage demands need to be balanced with job security.
The Money Show’s Bruce Whitfield interviewed Ntshalintshali.
Whitfield also spoke to independent labour analyst Gavin Brown who reflected on this new approach from Cosatu.
Scroll down for quotes from the audio below.
We need to be sensitive and make demands that are achievable.— Bheki Ntshalintshali, Cosatu
What triggered the long strike previously in the mining sector was that employers weren’t honest when negotiating.— Bheki Ntshalintshali, Cosatu
We need mature negotiations; not positional negotiations.— Bheki Ntshalintshali, Cosatu
Cosatu says it can’t support strikes by member unions based on unrealistic wage demands.— Gavin Brown, labour analyst
Amcu often makes demands that certainly will result in job losses.— Gavin Brown, labour analyst
Amcu is a serious thorn in the side of negotiations.— Gavin Brown, labour analyst
Amcu is a disruptor in collective bargaining at the moment.— Gavin Brown, labour analyst
The Money Show’s Bruce Whitfield interviews FNB Economist Mamello Matikinca.
President Jacob Zuma says the Fica Bill infringes on the rights of powerful people. BLSA says this objection is without merit.
The Money Show’s Bruce Whitfield interviews Dr Jon Patricios, a Sports Physician at Morningside Sports Medicine Centre.
The Money Show’s Bruce Whitfield interviews the famed activist about his attitude to money (hopes and fears, successes and failures, etc.)
The Money Show’s Bruce Whitfield interviews the Accountability Now director about his book, “Confronting the Corrupt”.
Analyst Mamokgethi Molopyane says the clash between politics and the economy contributes to poor labour force participation.
The university wants #FeesMustFall activists with pending criminal records to motivate why they should be accepted back.
The recent inequality report by Oxfam South Africa reveals that the gap between the rich and the poor is increasing.
The Gupta family says Finance Minister's affidavit has factual and legal errors.
It's reported that donkeys are being stolen after government announced it will export donkey skin and meat to China.
Grace Bible Church spokesperson says the church does not discriminate against gay people, despite being against what they do.
According to Google trends, online searches for the Ford Kuga has increased by 300% but prices remain the same.
The brains behind the South African Politician Awards denies that he is hosting the event to rub shoulders with political bigwigs.
"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.