COSATU CALLS ON PRETORIA TO ACQUIRE 50 PCT OF ALL SOUTH AFRICAN MINES

The Congress of South African Trade Unions (Cosatu), the country’s largest labour federation. has called on the State to acquire 50 per cent of all South African mines.

This was among the resolutions taken at the federation’s three-day Central Executive Committee (CEC) meeting. Cosatu President Sdumo Dlamini said here Thursday. “A task team has been put together by the CEC to begin the Constitutional amendments which will then report at the next congress of the federation.”

The labour federation wants its campaigns to be the focus of its affiliates this year and among them are the scrapping of e-tolls being imposed on highways and labour brokering.

Cosatu also plans to take up another battle with the ruling African National Congress-led government.

Cosatu General Secretary Bheki Ntshalintshali said” The government should take 50 per cent ownership of all mining companies in the country through a State mining company.”

The call follows continuing retrenchments in the mining sector, as mining companies like Anglo American begin divesting.

The federation also had some reservations concerning Finance Minister Pravin Gordhan’s Budget speech in Parliament this week.

“The Finance Minister was silent on the Presidential Review Commission’s call for partial nationalisation of State-owned enterprises (SOEs) ….. We cannot allow strategic State-owned enterprises like Eskom, Transnet, Telkom and the South African Post Office to be privatised,” said Ntshalintshali.

Source: SABC