EFF statement on the South African Presidency’s request to businesses for a delay in retrenchments
10 January 2024
The Economic Freedom Fighters (EFF) has taken note of the request by the South African Presidency to major industries to delay retrenchments, which are on the horizon primarily due to the ongoing energy crisis, a collapsed logistics infrastructure and rising levels of crime that affect businesses.
This request, which was made by the SA Presidency's Project Management Office, comes on the backdrop of a jobs-bloodbath, which will see major industries in steel manufacturing, mining and telecommunications retrench thousands of workers and worsen the unemployment crisis in our country.
As things stand, 11.7 million people who are willing and able to work, are currently on the outskirts of the economy and unemployed. The mismanagement of ESKOM and the crippling electricity crisis, the collapse of our railways which ought to be the heartbeat of logistics for all industry in South Africa, and the rampant levels of crime and corruption has created an environment where these numbers are set to increase, all at the behest of the ruling party, the ANC.
Currently, steel manufacturer Arcelomittal has resolved to close its operations in Newcastle in KwaZulu-Natal and Vereeniging in Gauteng, which will result in the retrenchment of 3 500 workers.