WATCH | Cosatu says interest rate hike is blow to workers

South Africa News News

WATCH | Cosatu says interest rate hike is blow to workers
South Africa Latest News,South Africa Headlines
  • 📰 eNCA
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Cosatu says the latest interest rate hike will bleed workers and suffocate the economy further.

The federation says the 75 basis points hike was not done in the interest of the people, but those of the lenders.Watch the video above for more details.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

eNCA /  🏆 49. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Reserve Bank becoming reckless on interest rates - Cosatu | The CitizenReserve Bank becoming reckless on interest rates - Cosatu | The CitizenThe repo rate was increased by 75 basis points on Thursday, a day after it was announced that inflation is at its highest since 2009.
Read more »

Cosatu slams Eskort for dismissing 1 500 workers after strike | Fin24Cosatu slams Eskort for dismissing 1 500 workers after strike | Fin24Cosatu says meat-processing company Eskort was undertaking a mass dismissal of its employees at an operation in Heidelberg, Gauteng. | Fin24
Read more »

'People weren't jobless under National Party': Cosatu members march against high cost of living | The Citizen'People weren't jobless under National Party': Cosatu members march against high cost of living | The CitizenOne members says there wasn’t a solution to the current crisis in the country.
Read more »



Render Time: 2025-02-23 10:54:48