South Africa

Cosatu Expresses Disappointment with S.A’s Treasury’s Economic Strategies

today31 October, 2024

Background

 

S.A union, Cosatu says it remains underwhelmed and disappointed by the Treasury’s continued approach to tackling South Africa’s deep-seated economic and governance crises. The union federation was responding to the Medium-Term Budget Policy Statement. Cosatu’s, Matthew Parks, says the fundamental challenges facing the nation are a stagnant economy and a rising unemployment rate of 42.6-percent:

 

Written by: Leonard Witbeen