insert_link Business / Economics Union to Present Support for Increase in S.A’s National Minimum Wage Cosatu says it will be presenting its submission to support the South Africa National Minimum Wage Commission’ recommendations of 1.5-percent increase for the national minimum wage for the 2025 financial year and finalise its proposals to Employment and Labour minister Nomakhosazana Meth. Cosatu’s Matthew Parks says the federation is urging the Minister to announce the final increase and ensure it comes into effect by no later than 1 March […] todayDecember 20, 2024 11
insert_link South Africa Cosatu Hails Ramaphosa’s Signing of Railway Safety Bill S.A Union Cosatu welcomes president Cyril Ramaphosa’s assenting of the Railway Safety Bill, saying this is a long overdue and important piece of legislation. The new law provides for the regulation of railway safety and the continued existence of the Railway Safety Regulator. Cosatu’s, Matthew Parks, says they welcome the progressive objectives and provisions of the Bill, that seek to overhaul the often-weak health and safety provisions governing the […] todayDecember 6, 2024 16
insert_link South Africa Cosatu Calls for Enforcement of ICC Arrest Warrants Against Netanyahu and Others Cosatu says the arrest warrants issued by the International Criminal Court last week, show that no individual or state is above international law. The arrest warrants were issued for Israeli prime minister Benjamin Netanyahu, former Defence minister Yoav Gallant and Hamas military leader Mohammed Diab Ibrahim Al-Masri, for war crimes and crimes against humanity. Cosatu’s, Matthew Parks, says the international community must ensure these arrest warrants are enforced: todayNovember 25, 2024 17
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 22
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 23
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 30
insert_link South Africa S.A Union Urges Parliament to Address Misconduct and Corruption S.A Union, Cosatu has called on Parliament to demonstrate moral excellence and leadership in addressing delinquent Members of Parliament. The union federation expressed concerns over the MK Party's chief whip, impeached Western Cape Judge President John Hlophe's nomination to the Judicial Service Commission, and the suspension of DA MP Renaldo Gouws, accused of using racist hate speech. Cosatu’s ,Matthew Parks criticized Parliament's leniency on misconduct, hate speech, and corruption, demanding […] todayJuly 8, 2024 29
insert_link South Africa S.A Union, Cosatu plans to discuss annual salary increases for members of Parliament S.A Union, Cosatu plans to discuss annual salary increases for members of Parliament and other public representatives with president Cyril Ramaphosa. Earlier this year, a 2.5-percent increase was approved, raising new MP salaries to 1.27-million-rand per year. Cosatu's parliamentary co-ordinator, Matthew Parks, emphasises the need for discussions on fair remuneration, arguing that resources should be redirected to lower-earning public service workers like nurses, police officers and cleaners: todayJune 21, 2024 64
insert_link Namibia New Mineral Rights Operator Welcomed by S.A’s COSATU S.A's Union federation ,Cosatu has welcomed the government’s announcement of a new mineral rights application system operator. The mining industry estimates that there is a backlog of more than three-thousand prospecting and mining rights, or investment value of more than 30-billion-rand. Cosatu’s, Matthew Parks, says it shares the views of the industry that the current applications system has been woefully inadequate and has stifled investments and growth: todayMay 23, 2024 42