Browsing All posts tagged under »Zwelinzima Vavi«

The myth of a ‘Lula moment’

November 30, 2012


Zwelinzima Vavi, general secretary of South Africa's major trade union federation, Cosatu, has proposed a "Lula moment" to defuse the country's "ticking time bomb" of poverty and unemployment. But there is a growing band of doubters who see this belief that Brazil's former president has — or had — a cure-all recipe for poverty, unemployment and economic growth as a myth.

Resistance grows as the political edges fray

April 3, 2011


Trade unions around the world are being forced to fight back as a consequence of what many bankers claim is the “gradual recovery” of the word’s “fragile economy”. But, as the unions tend to point out, such improvements are paid for largely by the unemployed and working poor. “We are paying for their crisis,” is a common labour movement cry.

Schisms open up in the SA Alliance

January 27, 2011


Whither South Africa's macro-economic policy? The government has taken its New Growth Path framework to the Wor4ld Economic Forum in Davos, but the unions on the home front, along with the SACP, are deeply divided. Is the NGP another Gear or Asgisa or is it something really new?

SA’s New Growth Path: enter Son of Gear

November 24, 2010


South Africa seems enamoured of acronyms, and national economic policy has provided three over the past 16 years: RDP, GEAR and now, NGP. The one consistent element appears to be that, while the names may change, nothing fundamental seems to alter; "trickle down" economics still rules.