LETTER: Help small businesses
Exemption from onerous labour laws would go a long way to creating a huge number of jobs
As the economy bites deeper we will see more big businesses, especially those in the retail industry, either closing stores or cutting their staff (Massmart may shut 34 stores, cut 1,500 jobs (https://www.businesslive.co.za/bd/companies/retail-and-consumer/2020-01-13-massmarts-jobs-shock-adds-to-sas-unemployment-crisis/), January 14). The private sector reacts harshly when making losses, unlike the public sector.
For the past 15 years the DA and many international economists have been predicting that large businesses will shrink, and that the net job creators of the future will be small businesses. It is clear from this that the government should create an environment enabling small business to thrive. Big businesses can hire expensive labour lawyers, have an army of administrators and structure their hiring and firing to comply with the most convoluted legislation...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
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.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.