DA wants labour law changes

The DA says Labour Laws need to be revisited so the economy can grow.

Western Cape Economic Development MEC Alan Winde visited the Prestige Factory in Maitland on 11 June 2012. Picture: Nathan Adams/EWN

JOHANNESBURG - The Democratic Alliance (DA) on Thursday said one way to shock the economy into growing strongly and creating jobs would be to change current labour laws.

It also called on officials to make it easier to hire and fire people.

But the party also proposed measures to link executive pay to company performance.

Earlier this week, the World Bank warned it was becoming increasingly difficult for young people to find work.

DA Federal Chairperson Wilmot James said their economic plan involves making it easier for companies to hire workers and to fire them, if they do not shape up.

"Why should workers be the only one to be circumspect in terms of what they ask for?"

DA MP Tim Harris also wants to implement the youth wage subsidy that has been backed by President Jacob Zuma.

He said the ANC failed to change the apartheid economy in a way that creates jobs.