Will business come to the table for Cyril to meet his 100-day promise?

Amid red warnings on the economy, President Cyril Ramaphosa’s 100-day deadline for civil society, business and labour to forge a new social compact to create jobs and fight deepening poverty expires next week.

That is if you count calendar days, which puts Ramaphosa’s deadline at 21 May. A more generous interpretation — that he may have meant working days when he announced the compact in his state of the nation address — gives parties until the end of June to find each other.

But, according to the parliamentary coordinator of labour federation Cosatu, Matthew Parks: “Whichever one you choose, I don’t think you’re going to meet either. It’s not going to happen. We have not even got to the stage of any clear proposals at Nedlac [the National Economic Development and Labour Council], far from it.” 

Alexander Forbes chief economist Isaah Mhlanga concurred. “The hundred days is not going to be met. There are a couple of things that seem to not be in place,” he said.

Support the journalism that helps you navigate your world

Subscribe to the M&G today for just R30 for the first three months* to gain access to this story and all our best journalism, subscriber-only newsletters, events and a weekly cryptic crossword.”

Looking for another offer?

We make it make sense

If this story helped you navigate your world, subscribe to the M&G today for just R30 for the first three months

Subscribers get access to all our best journalism, subscriber-only newsletters, events and a weekly cryptic crossword.”

Sarah Smit
Sarah Smit
Sarah Smit is a general news reporter at the Mail & Guardian. She covers topics relating to labour, corruption and the law.

Related stories

WELCOME TO YOUR M&G

Already a subscriber? Sign in here

Advertising

Latest stories

The slings and arrows of advocate Malesela Teffo’s outrageous fortunes

Now that he has withdrawn from the Senzo Meyiwa murder trial, will the promise of justice for the Meyiwa family be kept?

Digital ‘disruptor’ eats jobs at SA banks amid unemployment crisis

With fewer people visiting branches, opting to seek services online, something has to give

London’s changed – including the climate

The local shops have been replaced by chain stores, the skyline has new features, the digital age stops communication and the green parks are dry and brown

London’s changed – including the climate

The local shops have been replaced by chain stores, the skyline has new features, the digital age stops communication and the green parks are dry and brown
Advertising

press releases

Loading latest Press Releases…
×