
SAFTU raises concerns over World Bank’s R26bn loan to SA
SAFTU General-Secretary, Zwelinzima Vavi 1 minute The South African Federation of Trade Unions (SAFTU) has expressed concerns over the World Bank’s recently approved loan to South Africa. The labour federation has argued that the R26 billion loan will worsen the country’s dependence on foreign creditors. The loan is intended to support structural reforms which are…