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 RMB’s Head of the Blockchain Initiative Farzam Ehsani.
Corporate and government corruption… It’s been a tough year. Bruce Whitfield talks to Aurik Business Accelerator’s Pavlo Phitidis.
Your money, and Steinhoff… Bruce Whitfield interviews Certified Financial Planner Peter Calitz.
The Money Show’s Bruce Whitfield interviews Sygnia Group CEO Magda Wierzycka.
FULL TRANSCRIPT of Bruce Whitfield's interview of the famed entrepreneurship expert. Phitidis opens up, gets personal about money.
Analyst Mamokgethi Molopyane says the clash between politics and the economy contributes to poor labour force participation.
Wasanga speaks to Co-founder of AquaRenu, Nkosinathi Nkomo about turning a problem into an opportunity.
Ndlozi explains the significance of the the first chapter of his thesis: 'Trauma in the archives'.
The Money Show’s Bruce Whitfield interviews Steinhoff International Chairperson Christo Wiese.
Urologist Dr Shingai Mutambirwa says penile curvature is only a concern if it impedes a man's ability to have penetrative sex.
The EFF lawyer stole the show during the state capture report court battle.
Bruce Whitfield interviews the remarkable Wiese (net worth R100 billion!) about how it all began and where it’s going.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?