It was not solely disrespect for reserve bank governor Gill Marcus that saw many delegates to the National Union of Metalworkers (Numsa) congress largely ignore her speech last week. Nor was it, as general secretary, Irvin Jim, maintained, because the chattering...
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Reality is a low wage economy undermines South Africa’s Development | by Brian Ashley
The Business Report is not a place to trade insults, as Mike Schussler does in his xenophobic piece “Putting data in someone else’s study is untruthful” (4/6). As Alternative Information and Development Centre (AIDC) we are interested in stimulating a real debate on...
Are SA’s unskilled workers overpaid? | by Dick Forslund
Dick Forslund responds to Mike Schüssler and Tim Cohen Again a report hit the front pages of both Business Day and Business Report (May 7 2012). "South Africa cannot afford South Africans" was prepared on behalf of the trade union UASA by Mike Schüssler from...
South Africa’s Dangerously Unsafe Financial Intercourse | by Patrick Bond
Just before last weekend’s meetings of the World Bank and International Monetary Fund (IMF) board in Washington, South Africa's finance minister dropped us an obscure news item: “Gordhan concerned about rand volatility”(Reuters, April 16). Hidden away in the business...
Adcorp and CDE wrong about productivity decline
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...
Productivity is rising even as wage share dips, data show
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...
Labour productivity is up, with real wages stagnant
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...
Wages, profits and labour productivity in South Africa: A reply
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...
Economic policy PR without scruples
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...





