Cosatu hasn't decided on growth plan

2010-11-28 22:09

Johannesburg - The Congress of South African Trade Unions (Cosatu) on Sunday said it did not reject nor accept government's new growth path strategy as it was still studying the initiative.

"Cosatu has noted media reports on reactions to the government's new growth path which could be wrongly interpreted as a rejection by Cosatu of the whole initiative," spokesperson Patrick Craven said in a statement.

He said the federation welcomed the publication of the plan and "it is still examining it and has neither rejected nor accepted it".

His comments follow Economic Development Minister Ebrahim Patel's unveiling of the economic strategy which aimed to create five million jobs over the next decade.

Among other things, the new growth path identified investments in five key physical and social infrastructure areas: energy, transport, communication, water and housing.

"While having reservations over certain aspects notably the proposal on wage restraints the are other areas that we are likely to come out in support, notably the proposal on creating over five million jobs."

Government's plan has been met with criticism in some quarters, with organisations such as the SA Chamber of Commerce and Industry saying that it would be hard to create the number of jobs as targeted by the plan.

"Cosatu's views have absolutely nothing in common with those in business who are opposing the whole plan for completely different reasons," said Craven.

- SAPA

NEXT ON NEWS24X

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Add your comment
Comment 0 characters remaining
 

Inside News24

 
 
Traffic
Lottery
 
  • Wednesday Cape Town - 09:24 AM
    Road name: Koeberg Road Southbound
    DELAYS through Brooklyn towards the N1 Highway
  • Wednesday Cape Town - 09:21 AM
    Road name: N2 Inbound
    Earlier ACCIDENT before Hospital Bend has been moved to the side of the carriageway - HEAVY DELAYS from Duinefontein Road
 
More traffic reports...
 

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Escape winter, head to Mauritius

Escape winter by spending 7 nights in Mauritius' tropical bliss from R13 215 per person sharing. Includes return flights, airport transfers and accommodation. Book now!

Kalahari.com - shop online today

Get many eggs in one basket!

Gaming bundles: 2 Super Hits games for R99, 3 Disney games for R99 and more + exclusive accessory bundles only available on kalahari.com. While stocks last. Shop now!

25% off bestselling books!

The Real Meal Revolution by Tim Noakes, Jeffrey Archer’s Be Careful What You Wish for, Man’s Search for Meaning by Victor E. Frank and many more titles. Shop now!

Up to 25% off electronics

Buy top electronics and save up to 25%. Such as kalahari.com’s 1# selling product the gobii eReader, Patriot X Porter flash drive, Asus Nexus 7” 3G tablet, Samsung Galaxy SIII, Lenovo G580 Notebook and many more. Shop now!

DStv HD PVR Decoder now R949

The DStv HD PVR Decoder has further revolutionised the television experience with lifelike viewing, sharper images, more vibrant colours and precision picture quality. Now R949, save R550. Offer valid while stocks last. Shop now!

Up to 30% off appliances & homeware

Save up to 30% on appliances and homeware this Easter! Offer valid while stocks last. Shop now.

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Nokia C3

The Nokia C3 Features a 2+ Megapixel Camera, A2DP, Bluetooth,...

From R1175.00

I'm shopping for:

Horoscopes
Aquarius
Aquarius

You may find yourself fascinated by something which could draw you in to obsessively exploring this subject in depth....read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.