Supplementary budget should outline measures to save jobs: Cosatu

SABC News reports that the Congress of South African Trade Unions (Cosatu) says it expects Finance Minister Tito Mboweni to outline measures to save the jobs of South Africans amidst the severe economic impact of the coronavirus pandemic on businesses. Mboweni is expected to table a supplementary budget on Wednesday. Cosatu Spokesperson Sizwe Pamla says saving jobs must be a priority for both employers and government.

“We are hoping to hear how the Minister is planning to assist some of these companies that are struggling to keep afloat . Whatever assistance that these companies are going to be getting it has to be on condition that they are going to save jobs. Since the lockdown, we’ve already seen people retrenching and yet we know that the very same people are still going to come back and ask government for assistance. The economy isn’t just about the shareholders and the owners and the employers, but it also involves workers and so far we have not really been happy with the approach that government has had. Government has allowed many of these companies to proceed to retrench without really putting conditions with how the retrenchment process has to be managed.” Agri Western Cape says it is looking forward to hearing what coordinated support government will be providing to the agriculture sector to deal with COVID-19 in Tito Mboweni’s supplementary budget announcement. Agri Western Cape says it is looking forward to hearing what coordinated support government will be providing to the agriculture sector to deal with COVID-19 in Tito Mboweni’s supplementary budget announcement.

by Aasra Bramdeo

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