Economy can go to hell, says Numsa official

 FRESHENING UP: Numsa members take a break – with two of them enjoying cans of cider – on the sidelines of the rally at the Port Elizabeth City Hall after a march from New Brighton. Picture: FREDLIN ADRIAAN
FRESHENING UP: Numsa members take a break – with two of them enjoying cans of cider – on the sidelines of the rally at the Port Elizabeth City Hall after a march from New Brighton. Picture: FREDLIN ADRIAAN

TO hell with economists who claim that this week’s Numsa strike will kill the economy, the union’s national treasurer Mphumzi Maqungo said as he led thousands of members through the Port Elizabeth city centre yesterday.

Numsa-affiliated engineering and metal industry workers marched in several centres demanding a 12% wage increase after an 11th-hour intervention by Labour Minister Mildred Oliphant on Monday night to stop the strike failed.

Employers are offering 7%.

Business leaders and economists fear if Numsa’s strike continues, it will bring an already-fragile economy to its knees – with the motor industry in the Eastern Cape likely to be hardest hit.

But, speaking to about 2500 members in front of the Port Elizabeth City Hall, Maqungo urged them not to be apologetic about their demand for better pay.

“There have been gurus and economic analysts arguing that this strike is politically motivated and will hit the economy hardest.

“We want to tell them that they must go to hell,” Maqung said. – Mkhululi Ndamase and Cindy Preller

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5 thoughts on “Economy can go to hell, says Numsa official

  • July 4, 2014 at 11:55 am
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    They don’t care! They only worry about what they are getting today!They don’t understand investment and finance! The bosses have endless deep pockets and must pay.If there are no jobs left in three years they don’t worry!.Just like the Zambians who have chopped down all the trees down for firewood and then the land becomes a dust bowl and a desert.African people cannot plan for the future they just live for today!

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  • July 3, 2014 at 11:18 am
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    Dumb idiotic ZOOmafoolians

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  • July 2, 2014 at 6:01 pm
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    It will be unfortunate if the factories are shut down as everyone loses. The workers who do not want to strike are the worst off. They are forced to join the union on threat of having their shack burnt down, then to strike under the same threat, while going hungry and having no money to put food on the table for their families. And its not like the unions are rushing to aid them will food and chronic medication. Are they too stupid to see the unions are going to bankrupt the country all for their own personal gain?? They always bitch about how much CEO’s of large companies earn but has anyone looked at what the big wigs of unions earn? Now that would make for some good reading. Telling an economist to “go to hell” is not going to solve anything. I agree that they deserve more and that the minimum wage should be increased, but their prolonged strike IS going to cripple our already poor economy, then what? They strike and damage public roads and throw stones at cars and police because the factory was closed down?? While conveniently forgetting that the greed of the labour union is what caused them to be without a job in the first place. Companies can only spend so much on labour costs before going insolvent. So, for example, do you keep 100 employees at a normal wage, or retrench 50 and up the wage of the remaining 50? They are too greedy and ignorant to understand the crux of company income and expenditure. If the company keeps all 100 employees and doubles their wage, their productivity does not double, therefore it is only a matter of time before the company goes bankrupt and everybody loses. The circle of creating their own poverty continues…

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  • July 2, 2014 at 12:35 pm
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    The title of this article is misleading (and malicious?). The title says that NUMSA leader tells the economy to go to hell, but nowhere in the article does he say this – it reports that he says certain economists and analysts can go to hell. The title is sensationalist and hence misleading.

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  • July 2, 2014 at 10:00 am
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    There were, at best, 300 protesters….. not thousands. I waited 5 minutes at an intersection for them to pass. At least they were well behaved.

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