The union emphasised the need to reject high interest rates and combat the prevalent unemployment crisis in South Africa.Cosatu’s Gauteng chairperson, Amos Monyela, engaged with the media to highlight the workers’ demands in the memorandum.He said the memorandum was given to Transnet and Prasa executives.
“The union strongly opposes the neoliberal policies that have led to the deregulation of the market economy. “Consequently, workers have been subjected to informal and precarious forms of employment, characterised by low wages and limited protections,” the union stated via its memorandum.) also rejected the “neoliberal policy prescriptions and hidden state-capitalist dimensions” within the market economy.
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