By Simon Nare
The Congress of South African Trade Unions (COSATU) has welcomed President Cyril Ramaphosa’s State of the Nation Address (SONA) delivered at the Cape Town City Hall on Thursday night, noting progressive commitments in the speech.
The federation said although there had been notable efforts to stabilize state-owned enterprises more needed to be done and these SOE’s required competent management and the deployment of progressive turnaround plans with the necessary support from the state.
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COSATU highlighted the phasing out of load shedding and interventions to ensure electricity became affordable for consumers and the economy is expedited, the stabilisation and recovery of Transnet and Metro Rail over the past few years which have provided welcomed relief for thousands of jobs in mining, manufacturing and agricultural sectors, as some of the encouraging efforts.
“We remain deeply concerned by the state of
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