Share

Labour Wrap: Cosatu - damage and regeneration?

Cape Town - Only bigots or very short-sighted employers would celebrate the current turmoil in Cosatu, says Terry Bell in his latest Labour Wrap. Because, says Bell, a well organised trade union movement is essential for stability in our economic system, providing the balance between exploiter and exploited.

He points out that the apparently inevitable implosion of the country’s largest labour federation has also come at a very difficult, belt-tightening time. This was signalled by the fuel prices rises announced this week and he predicts a further increase of at least R1 a litre, perhaps by next month. All of this will increase tensions in and between unions.

At the same time municipal workers, who include the firefighters who have risked their lives for much of this week battling the blazes that have ravaged vast tracts of the Cape peninsula's mountains, have been offered a pay rise of 4.4%. Even against the official inflation figure this amounts to a wage cut of some 2%, says Bell.

However, he also draws a slightly optimistic parallel between the Cape fires and the looming damage to the labour movement. Just as the fynbos of the Cape mountains requires fire to ensure regeneration, he says it is possible that the same might apply to Cosatu; that an implosion may be necessary to ensure the re-emergence of a strong, united movement.

Do you agree? Add your voice to the big labour debate or simply ask Terry a labour question.

WATCH:


- Follow Terry on twitter @telbelsa.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Voting Booth
Should the Proteas pick Faf du Plessis for the T20 World Cup in West Indies and the United States in June?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes! Faf still has a lot to give ...
67% - 941 votes
No! It's time to move on ...
33% - 458 votes
Vote
Rand - Dollar
18.81
+1.1%
Rand - Pound
23.51
+1.2%
Rand - Euro
20.13
+1.4%
Rand - Aus dollar
12.29
+0.9%
Rand - Yen
0.12
+2.5%
Platinum
922.00
-0.4%
Palladium
960.50
-3.0%
Gold
2,337.40
+0.2%
Silver
27.18
-0.9%
Brent Crude
89.01
+1.1%
Top 40
69,358
+1.3%
All Share
75,371
+1.4%
Resource 10
62,363
+0.4%
Industrial 25
103,903
+1.3%
Financial 15
16,161
+2.2%
All JSE data delayed by at least 15 minutes Iress logo
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE