President should veto job-destroying Employment Equity Amendment Bill
20 May 2022
Note to editors: Please find attached soundbite by Dr Michael Cardo MP.
The DA has written to the President, urging him not to sign the job-destroying Employment Equity (EE) Amendment Bill into law. The National Council of Provinces passed the bill earlier this week, several months after it was given the green-light by the National Assembly (despite the ANC’s initial embarrassing failure to muster a quorum).
The bill is a damaging and destructive exercise in social engineering, and it will worsen South Africa’s economic woes.
Critically, the Bill empowers the Minister 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. The Minister will be able to set targets for different occupational levels, sub-sectors or regions, backed by fines for non-compliance.