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Fin24 reports that trade union federation Cosatu is gearing up for a national strike on Wednesday, 13 February, with protests planned in all nine provinces over the coming weeks.
The national strike against job losses and unemployment will include protests in all provinces expect the Western Cape. Protests in the Western Cape will take place on 19 February, namely the day before Finance Minister Tito Mboweni is expected to deliver his maiden Budget speech. Union members plan to march to government buildings and the offices of major companies and state-owned entities, while in the Western Cape a march has been planned to Parliament. The federation said its campaign would link to demands for redistribution of wealth, state intervention and a moratorium on all retrenchments. Cosatu reiterated calls to Mboweni to reduce the VAT rate that his predecessor hiked by one percentage point in the last Budget, calling it a strain on the poor. It also called on the state to announce a wealth tax and boost the corporate tax rate to "ensure the rich pay their fair share". The federation indicated that workers were angered by the "constant flood of rumours of mass looting and corruption" at the Public Investment Corporation, which manages over R2 trillion in state pension monies.
- Read Jan Cronje’s on Cosatu’s strike in full at Fin24
Get other news reports at the SA Labour News home page