MNI BRIEF: Fed's Goolsbee Sees Rates Down 'Fair Amount' In '25

MNI BRIEF: December Fed Cut 'Absolutely Not' Off Table - Daly

MNI China Daily Summary: Tuesday, Dec 3

MNI BRIEF: China-Based UK Firms Facing Challenges

MNI: PBOC Net Drains CNY248 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1996 Tue; -1.92% Y/Y

EZ/UK T-Bill Calendar: Greece, EU Auction on Wednesday

EZ/UK Bond Supply Calendar: UK, Germany Auction on Wednesday

MNI: US BLS: JOLTS OPENINGS RATE 7.744M IN OCT

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Cosatu Plans Strike This Week, SARB Officials To Speak Tonight

SOUTH AFRICA
  • Trade union federation Cosatu called a nationwide strike for Thursday to protest against socio-economic factors hurting workers, such as "load-shedding, cable theft, crime and corruption, wasteful expenditure and austerity cuts." Cosatu said that it will hold rallies in major cities and towns in all provinces. One of their messages is that "the working class can no longer afford to bear the burden of rising inflation, electricity tariff hikes and relentless and reckless increases in the repo rate."
  • EWN reported that Democratic Alliance (DA) leader John Steenhuisen may provide the details of the "moonshot pact" between opposition parties as soon as today. This comes after the seven involved parties agreed to hold a national convention in August to discuss a possible alliance for the 2024 national and provincial elections. Smaller parties appeared determined to preserve their identity, with Inkatha Freedom Party (IFP) leader noting that the DA should change its "Big Brother" attitude to make the project work.
  • SARB Governor Lesetja Kganyago and his deputies will speak at the SARB Forum tonight, discussing the inflation outlook and economic growth. Their comments are expected at 17:00BST/18:00SAST.
Political Risk BulletEM BulletHomepageBulletPolitical RiskEmerging Market News
Political Risk BulletEM BulletHomepageBulletPolitical RiskEmerging Market News

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.