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Business Unity South Africa CEO Cas Coovadia told Eyewitness News that while they understood the issues that had pushed workers onto the streets, it was counterproductive.
FILE: Members of Cosatu march in Cape Town to protest the poor state of the country’s public transport system on February 20, 2020. Image: Kaylynn Palm / EWN
JOHANNESBURG – Business Unity South Africa (Busa) said the impact of Wednesday’s national strike by the country’s unions and labor federations would have a severe impact on the economy.
The organization’s executive director, Cas Coovadia, said Eyewitness news that while they understood the problems that have pushed workers to the streets, it was counterproductive.
Busa is concerned that Wednesday’s national strike will spill all that remains of investor confidence in the country.
While the South African Congress of Trade Unions, the South African Federation of Trade Unions and the South African Federation of Trade Unions who will take to the streets and stay away from work on Wednesday are protesting the continued decline of the economy, Coovadia said this will hurt the economy even more.
“We are trying to rebuild the economy, not from COVID, but from the recession we were in before COVID. So, we think it is wrong to have a full day protest and strike ”.
Coovadia, however, said that as companies, Busa identified with the problems raised by workers around corruption, among other issues, that led to the protest.
The public and private sectors will be among the industries hardest hit when workers retire Wednesday.
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