Discussing the economy with Cosatu

SABC Digital News | a month ago

The Congress of South African Trade Unions (COSATU) has rejected Finance Minister Tito Mboweni's proposal to cut the public sector wage bill by over R160 billion to manage the national debt.

This comes after the government's Tuesday proposal at the Public Service Co-ordinating Bargaining Council (PSCBC), that the 2018 collective agreement on salary adjustments for the public sector should be reviewed. Cosatu says this is an attack on workers, and the unions are threatening a public sector shutdown if workers don't get their salary increase in April.

The three year agreement that was reached in 2018 would see public a sector salaries increase of up to 7n April this year.