ANA reports that the SA Federation of Trade Unions (Saftu) on Tuesday said it would step up its campaign to get President Jacob Zuma out of high office through legal action, a mass mobilisation campaign, formation of a national crisis committee and strike action.
Saftu said SA’s sovereign credit rating being downgraded to junk status by S&P Global “turned what was already a major national crisis into a potential catastrophe”. While the federation condemned ratings agencies acting as “policemen for international monopoly capitalism”, it said the S&P decision was facilitated by Zuma’s reckless axing of ministers, giving S&P “a perfect excuse to act”. “We are another big step nearer to a descent into a failed kleptocratic state. It is now more vital than ever to mobilise the biggest ever protest movement to rescue millions of South Africans from the increased unemployment and poverty, which will inevitably follow this downgrade,” Saftu said in a statement.
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