insert_link Business / Economics S.A Union Urges Reserve Bank for Bigger Repo Rate Cut South African Union federation Cosatu urges the South African Reserve Bank to implement a larger-than-expected repo rate cut to help ease the financial strain on workers. Following the decrease in inflation to 2.8-percent in October, the federation believes a more significant rate reduction, beyond the anticipated 25 basis points, is needed to alleviate the burden on over-indebted households. Cosatu’s Zanele Sabela says high interest rates have forced workers to […] todayNovember 21, 2024 5
insert_link South Africa Cosatu Welcomes Dip in Unemployment Rate in South Africa S A. Union Cosatu says the slight dip in the unemployment rate is a welcome reprieve, coming on the back of three consecutive quarters of job losses. About 294-thousand more people were employed in the third quarter of this year. Cosatu’s, Matthew Parks, says unemployment remains dangerously high among young people. He says the private sector needs to come to the party by halting the flood of retrenchments […] todayNovember 13, 2024 14
insert_link South Africa S.A Union Slams R3.6 Billion Matric Exam Printing Costs S.A Union Cosatu has expressed shock as matric exam paper printing costs increased from just under one-billion-rand to 3.6-billion-rand under Basic Education minister Siviwe Gwarube. Spokesperson Zanele Sabela says the decision to allow provinces to choose their printers led to this massive increase, with Limpopo's costs alone rising over 130-percent. She has criticised Gwarube for her handling of funding amid a budget crisis: todayNovember 13, 2024 21
insert_link South Africa AfriForum and Solidarity Reject Cosatu’s Claims of Apartheid Flags at BELA Protest AfriForum and Solidarity have dismissed Cosatu's claims that apartheid flags were displayed at the BELA protest in Pretoria. AfriForum's Kallie Kriel says the accusations are false and malicious. Adding that with over ten-thousand attendees protesting the Basic Education Laws Amendment Act, organisers noted one individual with a Vierkleur flag, who was quickly escorted off-site. He criticised Cosatu over the allegations: todayNovember 7, 2024 18
insert_link South Africa Cosatu Expresses Disappointment with S.A’s Treasury’s Economic Strategies 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: todayOctober 31, 2024 15
insert_link South Africa S.A Unions Back One Another in Labour Court Battle Over Community Healthcare Workers South African Union, Cosatu, says it is fully behind its affiliate NEHAWU, as it heads to the Labour Court today in defence of Community Healthcare Workers. Cosatu’s spokesperson, Zanele Sabela says the union seeks to review the arbitration award that ruled against its application to compel the Department of Health to appoint Community Healthcare Workers permanently. She says NEHAWU’s case is justified: todayOctober 29, 2024 28
insert_link Business / Economics S.A Union Welcomes Inflation Drop, Urging Reserve Bank to Lower Repo Rate S.A Union federation Cosatu has welcomed the drop in consumer inflation from 4.4-to 3.8-percent, saying it offers relief to struggling workers. Spokesperson Matthew Parks is urging the South African Reserve Bank to reduce the repo rate by at least 50 basis points to ease debt burdens. He also calls for government intervention to stabilise Eskom and reduce fuel prices: todayOctober 24, 2024 24
insert_link South Africa South African Union Cosatu Welcomes Tabling of Mine Health and Safety Amendment Bill South African Union, Cosatu, has welcomed Mineral and Petroleum Resources minister Gwede Mantashe’s announcement of government’s intention to table the long-delayed Mine Health and Safety Amendment Bill at Parliament. Cosatu’s Matthew Parks says key provisions in the bill seek to improve the safety of mineworkers, and ensure all employers are held accountable for fulfilling their obligations to provide a safe work environment. He says the federation and NUM […] todayOctober 21, 2024 12
insert_link South Africa S.A Union COSATU Welcomes Dismissal of Mkhwebane’s Bid for R10 Million Gratuity S.A Union Cosatu has welcomed the dismissal of former Public Protector Busisiwe Mkhwebane’s bid to force her ex-employer to pay her a ten-million gratuity. The Gauteng High Court said that it would be absurd for Mkhwebane to expect an end-of-service gratuity payment after having left the office in disgrace. She was removed by Parliament less than a month shy of the end of her seven-year, non-renewable term. Cosatu’s, Zanele […] todayOctober 10, 2024 16