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May 24 2012 17:31
The Reserve Bank will maintain current interest rates, and a sizeable reduction in the local petrol price is expected, says governor Gill Marcus.
May 24 2012 15:29
The Reserve Bank will maintain current interest rates, says governor Gill Marcus.
May 23 2012 22:00
Economic liberation or the lack thereof is the most divisive issue in the country, according to a survey.
Cape Town - The metalworkers' union Numsa is
warning the governing alliance that if it fails to champion a revolutionary
agenda, it will be setting itself up for failure - "and our people will
never forget".
Distributing an end-of-year message on Tuesday the union declared that
more and more, Numsa is becoming a revolutionary, active and campaigning
trade union formation, providing strategic leadership on the many class
struggles waged by the workers at the point of production linked with
community struggles.
"By doing this, Numsa is carving out an important strategic and
organisational role," it said. "We are neither an oppositionist, nor a
conveyor belt for the ruling ANC alliance. Where constructive criticism is
required, we will make it. Where popular pressure is necessary, we will
mobilise it to correct the technicist, top-down approaches, or expose anti-
worker policies.
"In the coming year, the 55th anniversary of the Freedom Charter, Numsa
will uphold the vision that the wealth of our country shall be transferred
to the people (and just not to a few politically connected elites) as a
whole."
The militant metalworkers promise that next year Numsa will confront
labour broking, casualisation and conditions of starvation benefits of
employment.
"A very little effort is paid to women who are retrenched and as such
Numsa must declare that Employment Equity Act will be used to protect women
workers," it said. "As Numsa, we will be calling on Cosatu to declare a
Section 77 dispute in Nedlac so that workers in the country can take strike
action to ban labour brokers."
They threaten to 'go into battle' if there are any plans to privatise
Eskom. And the union undertakes to hold a national energy policy workshop in
February.
They say that their members will be bracing themselves (though since
they are metalworkers they describe it as 'brazing themselves') for tough
wage negotiations next year - "ever ready to demand the redistribution of
wealth at the point of production".
- I-Net Bridge