Thursday, August 27, 2015

Cosatu concerned about the economy

Melon Radebe
27 August 2015

The Congress of South African Trade Unions is concerned with how the economy has been negatively effeted. It was revealed that in the second quarter of 2015 Gross Domestic Product statistics that economy has been at a low.

Cosatu’s Jonas Mosia says, the manufacturing industry, which should be the engine of economic growth and job creation declined by 6.3%.

He added that, this comes at the back of massive job losses in many sectors of the economy, particularly in the mining industry. 

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