A paradigm shift for labour

2008-08-11 00:00

Finance Minister Trevor Manuel’s “economic compass” embraces five vital socio-economic needs he feels strategy should work towards. These are: to dramatically reduce poverty, create more jobs, economic growth of seven percent a year, growth of export trade, and an increase in South Africa’s savings rate.

Each of the five strategic objectives laid out by Manuel comes back to the role of labour and productivity.

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