Fedusa concerned over increasing cost of living
23 November 2011
The Federation of Unions of South Africa is deeply concerned with the ever-increasing cost of living despite the repo-rate remaining unchanged at 5-point-5-per cent.
Fedusa general secretary, Dennis George says the increase in electricity, petrol and municipal rates will continue to decrease workers’ disposable income.
Fedusa will this week meet with the Reserve Bank to address their concerns.
George says they have joined COSATU’s Section 77 Protect Action application against the ORTS and strongly believes the Government must commit to the major expansion of passenger rail commuting services in and around metropolitan areas.