Labour federation Saftu General Secretary Zwelinzima Vavi describes President Cyril Ramaphosa as an ‘old wine in a new bottle’, saying his recent promises on job saving and creation are just rhetoric.
“The big business owns the media and the media have created this excitement among itself, the owners of property, and the owners of the economy. The 1% that own two thirds of wealth in the country and or the 10% that owns 90% of the wealth.”
“There is an excitement and they can’t believe that this rhetoric about radical economic transformation is actually translated into pushing their own status quo. Ramaphosa is going to be nothing but an old wine in a new bottle.”
“Naturally nothing is going to change. There is going to be no nationalisation, no sharing of wealth and no transferring the big firms, the monopoly industry into the ownership of the people.”
Cosatu Parliamentary Liaison Officer Matthew Parks says the recent announcement by President Ramaphosa to play an active role to curb job losses should be welcomed.
Ramaphosa told a gala dinner on Thursday evening that he will not only monitor job creation on a weekly basis, but also to play an active role to prevent retrenchments.
He declared 2018 the year of job creation. Parks welcomes the announcement of saving jobs.
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