Sakeliga: Employment Equity Bill paves the way to corporate capture by the State
22 November 2018
The business organisation Sakeliga today criticised strict penalties, inflexible racial targets and gross interference with the market for employment, which is envisioned in the recent Employment Equity Amendment Bill. The bill was published for comment by the department of labour.
“The 2018 Employment Equity Amendment Bill will give the Minister of Labour draconian control of the labour market in important sectors and occupational levels. It will also impose stricter penalties on companies for non-compliance. It boils down to the state capturing private business for the ANC government’s anti-market approach to empowerment,” says Gerhard van Onselen, senior analyst at Sakeliga.
In its submission to the Department of Labour, Sakeliga notes that the bill will likely hinder employment-driven poverty alleviation and job-market efficiency. The bill seeks to allow government to set and enforce new and inflexible racial transformation targets.