casino malaysia
South African Unions Go On Protests Against High Cost Of Living

Welcome, guest: Join Money Land / Login / Trending / Recent

Join Moneyland VIP Package

26,108 members, 59,837 topics. May 20, 2024, 10:13 pm

South African unions go on protests against high cost of living

Money Land Forum / News / South African unions go on protests against high cost of living (1 Post | 31 Views)

(1) (Go Down)

South African unions go on protests against high cost of living by ilyasachimugu(m) : 2:51 pm On Aug 25, 2022



The protests were against soaring costs of living, power cuts and high unemployment rates in South Africa.
Hundreds of South Africans protested in the executive and legislative capitals of Pretoria and Cape Town on Wednesday, against inflation that has soared to a 13-year high.
The protests were led by the trade union group Congress of South African Trade Unions (COSATU), a longtime ally of the governing African National Congress.
Labour unrest often affects sectors such as mining during wage negotiations, but it is rare for COSATU, South Africa’s biggest union, to lead a national protest.
Union officials said more protesters were expected to join the marches as the day progressed, though it was not immediately clear if a call for a national shutdown to take place in more than 10 major cities would be successful.
The Department of Public Service and Administration said in a circular to government departments that state employees participating in the COSATU-led protests, which were supported by unions from other federations, would not be paid.
Protesters holding placards saying “Stop Taxing Basic Food Items” sang as they marched through central Pretoria towards Union Buildings, which houses the office of President Cyril Ramaphosa, a founding COSATU member.
In Cape Town, they marched towards Parliament.
Some complained that frequent power cuts by state power utility Eskom have hurt businesses.
“At the moment, I’m not coping because there is no work and at my age, I’m struggling,” said Helen Pont, 65, a former hotel receptionist, who was among protesters in Pretoria.
South Africa’s headline consumer inflation rose to an annual 7.8 percent in July, its highest level since 2009.
Last month, the central bank delivered its biggest interest rate rise in 20 years to try to curb inflation, despite four previous increases.

(Quote) (Report)

  


(1) (Reply)

US shares hit record and gold drops as trade talk hopes rise / At least 18 Syrian truffle hunters killed in suspected IS attack / ‘It seemed like a plan to kill their target’ — Supreme court speaks /

(Go Up)

Money Land Forum - Copyright © 2016 - 2024 | Aderonke Bamidele (Admin). All rights reserved. Follow Money Land Forum on Facebook and Twitter
Disclaimer: Every Money Land Forum member is solely responsible for anything that he/she posts or uploads on Money Land Forum.