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Fiscal Consolidation at Risk as Unions Threaten Shutdown over Wages

SOUTH AFRICA
  • Public Servants Association (PSA) threatens national shutdown if Govt refuses demands for a 7% wage increase
  • Govt has stood firm so far in its promises for 0% raises in line with budget cut promises, but is already running into substantial opposition - as was expected
  • PSA says it will act by Friday if demands are not met
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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