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In a climate of tough economic conditions, escalating retrenchments and employer-union confrontation, NUMSA held a controversial strike ballot. On 31 July 1992 the industry’s last big national strike of the century began. By the following week, some 80 000 NUMSA members were on a strike that would last a month. The world had been through tumultuous times with Mikhail Gorbachev and perestroika and glasnost and had witnessed the crumbling of communism and the Soviet Union, and the rise of Boris Yeltsin. Now, also freed of apartheid and sanctions, South African business began to look outward. Those entrusted by the government with driving the economy forsook the short-term populist path of socialism for the richer rewards of free market pragmatism. Fundamental changes took place in business, labour and skills development. A new national employer confederation, Business Unity South Africa, was formed, with SEIFSA as a founder member. The National Economic Forum and the National Manpower Commission were merged to create the National Economic, Development and Labour Council (NEDLAC). The New Labour Relations Act transforming labour law and industrial relations was implemented. The South African Qualifications Act introducing a National Qualifications Framework was followed in 1998 by the Skills Development Act and a system of sectoral education and training authorities known as SETAs. An industrial relations New Deal between employers and unions gave the new century a bright beginning. Out went the confrontational style of bargaining, to be replaced by greater mutual understanding and a more conciliatory bargaining approach. The new focus was on speedier resolution of problems and the achievement of longer-term gains across a broader range of issues. Looking ahead, Angus foresaw a situation where SEIFSA would need to continue to expand its services to members on all fronts. “The future of SEIFSA will depend more and more on offering members totally professional, multi-faceted business services, in addition to the broad range of services that it already provides,” he said.. Looking back on his tenure as SEIFSA Executive Director, Angus identified four particularly significant developments: • A new style of negotiations between employer and trade union representatives on wages, conditions of employment and other issues. The New Deal initiated in 1999 moved away from the drawn-out, confrontational approach that bedevilled relations between the parties for more than 50 years. • The emphasis in education and training moved from only artisan apprenticeships to the development of skills across a far broader range of activities. • The funds division of SEIFSA was transformed in 1994 into the Metal Industries Benefit Funds Administrators (Mibfa), a Section 21 company with equal employer and trade union representation on its Board of Management. • The substantial expansion of SEIFSA products and services from a hitherto limited range of services in industrial relations and an even more restricted range in education and training. Since 1994, industry unions have had equal representation with employers on the Board of Trustees of the Metal Industries Benefit Funds Administrators (Mibfa), a Section 21 company controlling the industry’s pension, provident, sick pay and permanent disability funds. The combined market value of the funds is around R25 billion. Mbeki and the New Partnership for Africa’s Development (NEPAD) After five years of unfaltering nation building, Mandela stepped aside for Thabo Mbeki. Despite controversy over HIV/Aids and Zimbabwe, Mbeki stayed the economic course. He steadfastly promoted black empowerment and the New Partnership for Africa’s Development (NEPAD). A disquieting trend for many business leaders was increasing State intervention and an outpouring of regulatory legislation across a broad spectrum of business activity. Then SEIFSA Executive Director, Brian Angus, who warned in 1999 of serious economic consequences if the Government did not act to halt the interventionist trend, repeated SEIFSA’s concern in 2003.The rising cost of compliance, he warned, was hampering growth and job creation and making South Africa less competitive.. Brian Angus SEIFSA Executive Director: 1987 - 2008 _Continues on page...31 SEIFSA AT 75 - SPECIAL COMMEMORATIVE MAGAZINE 31