Unions Warn Govt of Tough March Wage Talks Following ConCourt Ruling

LOCAL NEWS

• Unions warn that their dispute with govt over public sector wages is far from over and that strike action has not been ruled out following the ConCourt decision to cancel the 2018 forth R38bn.
  • Unions say the ruling makes negotiating with govt difficult as there is a breakdown in trust. Public service minister is set to meet with unions this week. Experts expect the next round of wage agreements in March to be hard-fought - EWN
• National Prosecuting Authority (NPA) to prosecute Public Protector Mkhwebane with two counts of perjury on the SARB report after she allegedly lied in connection with her 2017/18 investigation. NGO, Accountability Now, says they have reasonable prospects for success as multiple parties push to have the PP impeached – Daily Maverick
• Zondo commission is expected to release its third report on the findings of its investigation into state capture today. The prior two documents highlighted corruption in key institutions and by ANC members, with Ramaphosa publishing copies instantly to boost his anti-corruption image ahead of the Dec 2022 national elective conference

Data:

• 0900GMT: Feb Absa Manufacturing PMI exp at 56.3 vs 57.1 prior
• 4Q Unemployment exp at 35.0% vs 34.9% prior