Sat May 25 05:40:23 SAST 2013

IFP upset by World Bank's report

Jul 27, 2012 | Sapa | 11 comments

"Cosatu is a stumbling block to South Africa's growth and prosperity"

Comments

Sat May 25 05:40:24 SAST 2013 ::
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Jul 27, 2012

Bumboklaat

Cosatu is a threat to the whole country. It affiliates are evn more dangerous than a petrol tanker driving into a veld fire!
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Jul 27, 2012

malemaforpresident

Cosatu is a stumbling block to South Africa's growth and prosperity; it is a Mafia organisation hellbent on protecting the interests of a few working people at the expense of millions of South Africans who simply want jobs, with a hope to work their way out of poverty and inequality
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The youth of this country are very coward what they know is consuming as much liquor as possible they must wake up and rise up torch government buildings,Municipal buildings,boycott buses, boycott pick n pay, checkers just like the Youth of 1976 uprising against this corrupt selfish COSATU once because that is the langusge they can easily understand what is the reason for not implementing Youth subsidy for that also they dont come up with a solution this high unemployment rate nxaaa
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Jul 27, 2012

Pointman

Cosatu is a business like Pick and Pay. Look after the shareholders(employed members) and maximise revenue(fees). They will look after themselves first and just make token noises about the unemployed. The government should create zones where labour laws does apply - e.g "export zones". We cannot get rid of the labour laws but we can weaken it by creating these zones.
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Jul 27, 2012

knobkirrie

malemaforpresident- you are a disgrace to our struggle. I wont dignify your myopic comment with a response. go to bed with your Juju
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Jul 27, 2012

Bebesocs

To the Youth of South Africa... Have you ever seen unions create jobs? Have you ever seen unions put the department of education in order? NO. There is not a single country in the world that is controlled by unions, look around eg. Russia, Germany, America, England etc they listen to what government says. I deeply feel sorry for our youth they have been abused by this government. Bantwana think deeply and seriously this is no way out, you will have all the support.
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Jul 28, 2012

Traveljunie

Cosatu and the other unions are the one reason SA has so much unemployment. They are the worst kind doing irreprable damage to us.

Stop the unions and SA will prosper
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Jul 28, 2012

SOLUTIONS


http://www.youtube.com/watch?v=85OIBOSJTwg

OUT with the unions
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Jul 28, 2012

Bebesocs

In South Africa we have such high unemployment but can you imagine Vavi in today's city press telling us that he earns R500 000.00 per year and he feels that is not enough and he demands more and he is boastful about the electric gates and fences but he cares jerk sh...t about our youth that is suffering, What world do we live in? Oh what an insult to us all who have no jobs and we voted them , that's the mistake we made.
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Jul 28, 2012

chagos

Comments espoused here at Sowetan Live are simply neo-liberal World Bank propaganda against organized labor in South Africa. Neo-liberal IMF/World bank economic polices are designed to extract wealth of targeted nations and is not labor friendly anywhere on earth nor is it interested in economic well being of any nation.
Primary tenants of neo-liberalism are, deregulation,privatization of national assets, no labor unions, no government investments on schools, hospitals and infrastructure. Today, Asian, Latin American and Eurpeans nations are rethinking or resisting neo-liberal policies.

Core economic problems of SA are not addressed by the IMF/World Bank,only simplistic union bashing. At heart of South African economic woes is the serious problem of capitol flight. Capital flight, in economics, occurs when assets or money rapidly flow out of a country, due to an event of economic consequence. This occured in SA with the ascent of majority rule. The Bank of London and members of the old SA regime are benifactors of todays South African capital flight.
As long as the South African economy hemorrhages asset and money losses associated with capitol flight economic development is impossible i.e national economic well-being, jobs etc.
Most importantly ,South African economic polices should reflect the needs of the nation by reviewing the capital flight of national wealth.
No nation, wishing to protect its wealth, would allow capitol flight to occur on such a grand scale as South Africa does.

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Jul 29, 2012

16-12-1838

@ chagos and KNOB (head) - Please stop enforcing your lack of sanity on the rest of us! You are both prime examples of the rapid decline in our 'edukaaayshun' system, god help this planet if you are the future!
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Jul 30, 2012

theDriver

when will South Africans learn to take responsibility of their actions?, COSATU is merely being used as a scapegoat. Last year on the first day of school the "youth" were pictured going to school with beer in hand & now that they have dropped out of high school and are unemployable then it's COSATU's fault?.

I challenge anyone right now to go to any township to see how many school going age kids are just loitering around, you would swear it's a public holiday and at the end of the day the same people will be demanding decent jobs & blaming everyone else but themselves when they dont get it.
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