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Press statement from AIDC, 14 September 2011 Arguing for cutting workers' wages, Adcorp and Centre for Development and Enterprise (CDE) mislead media and the public. The Centre for Development and Enterprise (CDE) and the labour broker Adcorp continue to argue for...
Last week, the Reserve Bank (SARB) issued its latest Quarterly Bulletin. It covers economic development in South Africa up to June 2011 and economic prospects for the coming period, as the SARB views it. As usual, the bank also discussed developments in labour...
Two replies to Loane Sharp by Dick Forslund and Simon Eppel, originally published in Business Report, December 19, 2012: The South African Reserve Bank (SARB) reported in its latest Quarterly Bulletin that labour productivity is going up, as it has since 1994. The...
Brian Kantor, the chief strategist and economist at Investec Wealth and Investment, responds to the debate about wages and productivity between Dick Forslund from AIDC, Simon Eppel from SACTWU and Loane Sharp from Adcorp (published in Business Report, December 13, 14...
Forslund’s final reply to Sharp and Kantor, originally published on PoliticsWeb.co.za and SA LabourNews.co.za, 24 January, 2012. In this final reply, I will correct an error, account for a new finding and try to give a principled answer to the replies Brian Kantor and...
Originally in Business Day, 2012-03-05 Adcorp’s method of measuring employment "generates such massive employment levels that it does away with SA’s unemployment problem in one fell swoop, lowering the unemployment rate to around 5%", write Dr Kerr and Prof Wittenberg...
The ongoing eurozone crisis is often projected in the media, somewhat superficially, as wholly the product of Greece's financial profligacy. There are, however, more fundamental reasons for this turmoil. The causes are to found, as the following analysis shows, in the...
Introduction: Land Grab and water requirements Availability of adequate moisture is a fundamental requirement for agricultural use of land. Designation of exclusive rights to use land provides prior rights to ‘green’ water (rainfall and plant transpiration) on that...
Mass joblessness is an everywhere phenomenon in the developing world. The existence of an ever-growing reserve army of labour manages to keep working wages below a living minimum. Hence, the majority of the working class in any third world economy can get nicely tied...