Letter penned by Dischem CEO underscores madness of proposed employment equity amendments
16 October 2022
"But instead of kowtowing to the ANC’s diktats, business leaders should locate their backbone and begin to fight back, in the same way that CEOs and chairmen of listed companies defied influx control and job reservation in the 1970s and 1980s."
The craven and desperate letter penned by Dischem CEO, Ivan Saltzman, in which he calls for a moratorium on the appointment of whites in his company, underscores the panic engendered by pending changes to employment equity (EE) legislation.
The Employment Equity Amendment Bill, which the DA opposed in Parliament and which now sits on the President’s desk awaiting his signature, is a damaging and destructive exercise in social engineering. It is a job-destroying jackhammer, and it will worsen South Africa’s economic woes.
Critically, the Bill empowers the Minster of Employment and Labour to set numerical EE targets for any national economic sector after a vaguely defined process of consultation with the relevant sectors.