A draft of the economic recovery plan negotiated by the government, business and labour in the National Economic Development and Labour Council, which is circulating informally, commits all partners to crucial “short-term collective actions” to enable recovery and build confidence, and a longer-term framework to build a more labour-absorbing economy.

The plan, in the making between the social partners for two months, is the latest of many attempts at social compacting since 1994, in an effort to create jobs and boost an economy that was in recession even before the Covid-19 outbreak...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.