At first Saftu executive meeting, Zwelinzima Vavi calls for nationalisation of SARB
South African Federation of Trade Unions (Saftu) general secretary Zwelinzima Vavi has called for "real makoya" radical economic transformation". Vavi was speaking on Monday at a media briefing following the newly formed federation’s first national executive meeting, in Johannesburg. "A radical socioeconomic transformation will ensure that the people shall share in the country’s economy while addressing the triple crisis of poverty‚ unemployment and inequality‚" he said. Saftu also called for the nationalisation of banks "especially the South African Reserve Bank". Addressing the issue of farm killings‚ he said: "We are calling for an end to farm evictions and abuse of farm workers. Affordable housing for all‚ including the option to use pension funds as collateral." The federation called for illegal miners‚ known as "zama-zamas" to be regulated. "We have seen the appalling news that the death toll in the Welkom mine disaster has risen to 40 and could still rise further‚ and we are ...
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