The South African Reserve Bank (SARB) has hiked the interest rate by another 75 basis points. The repo rate will now increase to 6.25%, and the prime rate to 9.75%, from 9%. This is like pulling the handbrake on the…
The South African Reserve Bank (SARB) has hiked the interest rate by another 75 basis points. The repo rate will now increase to 6.25%, and the prime rate to 9.75%, from 9%. This is like pulling the handbrake on the…
The South African Federation of Trade Union (SAFTU) and working-class formations, including the Assembly of the Unemployed are embarking on a national shutdown on 24 August 2022. The national shutdown is taking up demands against the rising cost of living…
Towards a Public Pathway Approach to Energy Transition On Wednesday, July 27th, 2022, representatives of unions and social movements met in Johannesburg to discuss the country’s energy crisis. The representatives agreed to form a united front to resist privatisation of…
The National Education, Health and Allied Workers’ Union [NEHAWU] notes the tabling of the State of the Nation Address (SONA) to the Joint sitting of both the National Assembly and the National Council of Provinces, by President Ramaphosa last night.…
The Assembly of the Unemployed (AoU) is disappointed to learn that President Cyril Ramaphosa’s economic advisory council has warned against the implementation of a permanent basic income grant. AoU and other civil society movements have campaigned tirelessly for the implementation of a…
The Governor of the South African Reserve Bank (SARB) has announced a 0.25 percentage point increase to the repo rate. The reason given was to mitigate the risk of rising inflation. This is callous and completely fails to comprehend the…
AIDC Submission to Constitutional Court in the Appeal of Labour Appeals Court’s Public Sector Wages Judgement Alternative Information and Development Centre | Press Release | 12 August 2021 AIDC’s written submission to the Constitutional Court in the appeal against the…
AIDC application to Constitutional Court to challenge reneging of the final year of the public sector wage agreement Press Release | AIDC| 3 August 2021 The Alternative Information and Development Centre (AIDC) has applied to the Constitutional Court to be…
A Wasted Opportunity: Little to Celebrate in OECD Tax Deal Alternative Information and Development Centre (AIDC) | STATEMENT | 05 July, 2021 At the OECD’s Inclusive Framework meeting last week, 130 countries, including South Africa, put their support behind the OECD’s…
Mboweni’s DA budget: finance minister and ANC government turn against their own people Joint Statement on 2021 Budget | 25 February, 2021 While Tito Mboweni delivered the government’s budget speech, movements took to the streets across the country, voicing our…
