By Mandisi Tyulu
27 May 2009
The Congress of South African Trade Unions has described the recession as a “massive national crisis” which requires an immediate response to defend jobs and livelihoods.
Cosatu spokesperson says the measures must include the avoidance of retrenchments, and cut in the repo rate of at least 200 basis points to stimulate investment and demand and emergency measures to protect the most vulnerable industries.
The trade union federation also wants a radically expanded public works programme to provide work for the growing number of unemployed.
Subscribe to:
Post Comments (Atom)
Renowned South African poet, Breyten Breytenbach, has died
Renowned South African poet, writer, painter and activist, Breyten Breytenbach, has died. He was 85-years-old. PICTURED: Breyten Breytenbac...
-
A man suspected of killing and raping a number of members of the farm worker community in Philippi on the Cape Flats appears in a Cape Town ...
-
''Human behaviour is the main cause of wildfires.'' These remarks were made by the Western Cape’s Local Government, Environm...
No comments:
Post a Comment