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Cosatu Lashes Out At President Cyril Ramaphosa Over Unbundling of Transnet

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THE Congress of South African Trade Unions (Cosatu) has lashed out at President Cyril Ramaphosa’s decision to dismantle Transnet by breaking out the Transnet National Ports Authority (TNPA) into an independent subsidiary.

Cosatu, which backed Ramaphosa’s campaign for the ANC presidency, says the president can no longer be trusted anymore because he is now taking critical economic decisions without engaging unions, workers or other social partners.

“We don’t trust President Cyril Ramaphosa anymore. He seems to be taking his mandate elsewhere,” said Cosatu spokesperson Sizwe Pamla on Thursday.

“We reject this decision to unilaterally unbundle Transnet by government because South Africa is already struggling with fact that the Treasury seeks to pursue its own very conservative fiscal target of “a main budget primary balance by 2022/23” at the expense of the public service workers under the PSCBC, whilst protecting the muddled pay and benefit structures in agencies and public entities,

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