The Congress of South African Trade Unions (COSATU) congratulates its resilient affiliate, Communications Workers Union (CWU), on holding a successful National Congress from 15 to 17 July in Durban, Kwa-Zulu Natal. This marks a positive turnaround for CWU which not long ago experienced severe challenges organisationally and within its sector. The National Congress was convened […]
COSATU Calls on Politicians to Allow the PIC Board to Complete Its Oversight Role Without Interference
The Congress of South African Trade Unions (COSATU) calls upon politicians to allow the Public Investment Corporation’s (PIC) Board to complete its oversight role without fear, favour or interference. We have noted with deep concern the whistleblower report containing allegations against the PIC’s suspended Chief Executive Officer, Mr. Patrick Dlamini, with regards to its investments […]
COSATU embraces Madiba’s clarion call on Nelson Mandela International Day
The Congress of South African Trade Unions (COSATU) joins the nation in rededicating ourselves to heed former President Nelson Mandela’s plea when he delivered a powerful message to the entire world on his 90th birthday in London 18 years ago, Madiba refueled the long-standing call for social justice and the eradication of poverty. The injustices faced […]
COSATU remains extremely concerned by the absence of a comprehensive package of interventions to stabilise and rebuild the alarming number of financially distressed municipalities
The Congress of South African Trade Unions (COSATU) remains extremely concerned by the lack of a comprehensive package of interventions to stabilise and rebuild the alarming number of financially distressed municipalities. The Federation notes tentative progress with 42 delinquent municipalities responding to National Treasury’s temporary withholding of their Equitable Share Grants and the staggered release […]
COSATU opposes African Bank’s proposed job cuts in solidarity with Sasbo
The Congress of South African Trade Unions (COSATU) stands squarely behind Sasbo as it pushes back on African Bank’s plan to retrench 1 200 workers and close 90 branches. African Bank announced the plan to media on Thursday before properly engaging with its employees’ recognised representative – Sasbo. Given our country’s sky-high unemployment rate of 43.7%, […]
COSATU angry about non-payment of Pension Fund Contributions
The Congress of South African Trade Unions (COSATU) is deeply angered that despite efforts to raise awareness of the perils of not transferring workers’ pension fund contributions to the relevant funds, the number of defaulting employers continues to escalate. The latest Financial Sector Conduct Authority (FSCA) report indicates that the number of defaulting employers rose […]
SASBO CONDEMNS AFRICAN BANK’S PREMATURE SECTION 189A ANNOUNCEMENT AND REJECTS ATTEMPTS TO SHIFT THE COST OF GOVERNANCE FAILURES ONTO WORKERS!
SASBO notes with serious concern the recent media reports, including the publication of a News24 article, regarding African Bank’s contemplated Section 189A process and the potential impact on approximately 1,200 employees. At the outset, SASBO wishes to place on record its strong objection to the premature publication of information relating to a matter that has […]