Cosatu proposes wider economic reforms on top of its Eskom rescue package
Trade union federation argues for steeper taxes on the wealthy and a reduced public sector wage bill
29 January 2020 - 20:00
Trade union federation Cosatu is pushing for a series of economic interventions, alongside its plan to help stabilise the finances of beleaguered power utility Eskom.
These include increased wealth taxes; reductions in the public sector wage bill — including through wage caps for parastatal management; the expansion of the Reserve Bank’s mandate; and broader discussion on using prescribed assets to support industrial strategy...
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