July 29, 2011
Fancy being able to walk to work and to pay just 10% of your wages for accommodation? Sounds idyllic? Perhaps. Unless you are a farm worker in South Africa where the latest pay increase of 4.5% made the minimum wage just R1,375 a month and where between R400 and R700 could be charged for electricity alone.
With the decision in June by the South African Competitions Tribunal to allow WalMart to take control of the South African-based Massmart chain, the world’s largest retailer cleared the last of the major hurdles it faced to gain entry to African markets. And despite threats from trade unions and consumer groups that they would appeal […]
Gold mine ownership, especially in this day and age, is not for the faint hearted. Nor is it for those without deep pockets or without considerable expertise and experience. And gold remains, potentially, a very volatile commodity since it has little practical use outside of jewellery.
(First published 15 July 2011) Nobody should have been surprised at the current strike wave or the anger manifested. In April this column noted that “levels of disgruntlement — the “gatvol factor” — are everywhere in evidence throughout the labour movement, both in terms of politics and economics. Awareness of widespread corruption, of increasing joblessness […]
The labour movement is under concerted attack, globally, with capital now trying to play the role of defenders of the poor and unemployed. At least, thanks to modern communications, the facts will out and the real arguments can be aired, perhaps providing solutions to this crisis-ridden system.