For example:
Is there no concept of where inflation comes from, and from there what drives interest rates?
And to extend that line of thought, where does capital formation come from? And how important is capital formation in the creation of jobs?
In lifesaving you are taught the greatest danger to you in the ocean is the drowning person you are trying to rescue. I kinda feel the same way about organised labour at the moment.
South Africa's National Union of Mineworkers (NUM) said on Wednesday its members had rejected the latest wage offer from Impala Platinum, and demanded a higher wage rise plus housing and transport pay.
Impala Platinum (Implats), the world's No. 2 producer of the metal, is facing a strike by more than 20 000 workers at the company's main mine.
The group had on Sunday offered a one-year wage agreement with a 10% pay increase for all workers.
"They have rejected the offer," NUM spokesperson Lesiba Seshoka told Reuters.
"They want the wage deal to include transport and housing allowances, and they also want a pay rise of 13%."
full story from M&G here
Impala Platinum (Implats), the world's No. 2 producer of the metal, is facing a strike by more than 20 000 workers at the company's main mine.
The group had on Sunday offered a one-year wage agreement with a 10% pay increase for all workers.
"They have rejected the offer," NUM spokesperson Lesiba Seshoka told Reuters.
"They want the wage deal to include transport and housing allowances, and they also want a pay rise of 13%."
full story from M&G here
And to extend that line of thought, where does capital formation come from? And how important is capital formation in the creation of jobs?
In lifesaving you are taught the greatest danger to you in the ocean is the drowning person you are trying to rescue. I kinda feel the same way about organised labour at the moment.
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