It has been confirmed that the second of May will be a public holiday in South Africa to compensate for the clash between Good Friday and Human Rights Day falling on the same day this year. Everyone likes to have a holiday at one point or the other but from a business perspective, one has to question if this is a really good move in having this public holiday on May 2.
The South Africa Chamber of Commerce and Industry (Sacci) said, “Sacci believes that a late and discretionary announcement on this holiday is not conducive to sound governance. Holidays of this nature are extremely disruptive to effective business planning and have negative effects on costs, competitiveness and productivity.”
With already a lot of hours of productivity being lost due to the power problems in South Africa, some people are complaining that this holiday is going to affect their businesses. One positive though is that the second of May falls on a Friday so it will seem like a long weekend and at least there can be some productivity from Monday to Thursday that week. It would not have been a wise idea to place the holiday in the middle of the week, for example on a Wednesday as holidays in the middle of the week tend to affect business for the duration of that week.
So be sure to mark May 2 as a public holiday for all your businesses plans.