South Africa: Minister of Trade Must Call Crisis Summit to Halt Job Losses - SC Committee Chair Boshoff

press release

The Chairperson of the Select Committee on Economic Development and Trade, Ms Sonja Boshoff, has called on the Minister of Trade, Industry and Competition, Mr Parks Tau, to urgently convene a national crisis summit on job losses.

Ms Boshoff said mass retrenchments and downsizing by big companies have become "far too routine" in South Africa.

She has urged the ministers of trade, employment and labour, and small business development to act immediately. The summit must bring together affected companies, trade unions, and provincial and local government to find urgent solutions.

Policy levers to protect jobs must be on the table. Relief on electricity and freight costs for vulnerable manufacturers, faster support for localisation, stronger interventions in the steel and automotive industries, and trade remedies against unfair imports, all need urgent consideration, Ms Boshoff said.

Keep up with the latest headlines on WhatsApp | LinkedIn

She further called for Section 189/189A consultations to be strengthened to ensure transparency, proper engagement with workers, fair severance, and more retraining and redeployment opportunities.

"Regions hardest hit, such as the Eastern Cape, Gauteng and Free State, need targeted economic stimulus, labour absorption programmes, and infrastructure to attract investment," she added.

The call comes after media reports that Coca-Cola plans to cut 680 jobs, while ArcelorMittal is considering further drastic cuts and possible closure.

Ms Boshoff said: "We do not need another national dialogue talk shop. Our economy is stagnant and paralysed by contradictory policies. Workers and communities are counting on decisive leadership. These job losses are too many, too frequent, and under too much avoidable pressure. We must act now, not just to protect livelihoods, but to safeguard South Africa's industrial future."

AllAfrica publishes around 600 reports a day from more than 90 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.