Today's Big Stories

'SA companies must properly implement labour laws to minimise retrenchments'

Statistics South Africa says more than 160 000 people lost their jobs in the second quarter of 2015, compared with the same period last year, largely due to retrenchments.

According to corporate strategist and social entrepreneur, Flick Asvat, a proper implementation of our labour laws could minimise the number of retrenchments in the country.

Asvat advised that companies redeploy workers into Public Private Partnerships (PPPs) as an alternative to retrenchments, ensuring that government speed up service delivery in peri-urban and rural areas.

Listen to the full conversation from The Redi Tlhabi Show:

Asvat said South African companies need to take the local environmental context into account when implementing labour legislation.

She said major retrenchments run the risk of creating a vulnerable developing country and a colonized South African economy.


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