Original Articles

The South African labour market and the incubation of small businesses in South Africa


Abstract

Since April 1994, the South African Government and the trade unions have been working together as a means of realising sustained economic growth and development, job creation and the alleviation of poverty among the unemployed youth. The uneasy relationship between the South African Government and the trade unions has been characterised by tensions and differences in strategy. The implementation of the South African National Development Plan depends on the presence of a smooth working relationship among all relevant stakeholders. The global nature of the South African economy has prompted economists in South Africa to call for the relaxation of labour laws as a means of attracting foreign direct investment. The objective of the study was to assess the existing conditions of labour in South Africa as well as the impact of labour-related conditions and legislation in South Africa on the South African economy.

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