Cosatu Warns That Workers Will Be the Biggest Losers if Anc Removed From Power

• Cosatu warned that if the ANC were to lose power then workers would suffer the consequences
• Cosatu president Zingiswa Losi came out swinging for the ruling party as campaigning for the local elections heats up
• She warned that all the gains made for workers under the ANC would be undone of the ruling party was unseated

Johannesburg - The Congress of South African Trade Unions (COSATU) warned that if the ANC lost the local elections or worse the national elections then the real losers would be the workers.

Cosatu president Zingiswa Losi was out in full force campaigning for the ANC for the upcoming local elections.

She warned that no other political party really cared about workers the way that the ANC did.

Losi warned that progress on such laws as the National Minimum Wage bill would suffer irreparable setbacks,

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She did acknowledge the dire situation of the economy but said that the ANC would remain loyal to the workers according to the Sowetan LIVE.

TimesLIVE reported that the ANC alliance is still intact with COSATU throwing its weight behind the ruling party.

SACP's Blade Nzimande says South Africa needs a state-owned bank, suggests African Bank

In other news, Briefly News reported that Blade Nzimande, the South African Communist Party (SACP)'s secretary-general has made the call for South Africa to have a state-owned commercial bank.

Nzimande made this call at a virtual Cosatu Central Committee conference which is currently running over a four-day period ending on Thursday. The conference is now its second day.

Nzimande gave examples of countries such as China that have state-run banks and shared their successes as motivation for South Africa to follow in the same path, highlighting the job creation benefits of having a state-owned bank.

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'But the ANC wants votes': Mzansi weighs in on the ANC's failure to pay salaries

In similar news, following ANC's Head of Elections Fikile Mbalula's announcement in a radio interview that the ruling party is budgeting to spend R50 million on their local government elections campaign, the party wrote to their workers that they will not be getting their salaries this month.

The party has been failing to meet its obligation to pay workers their salaries since July and have told workers not to expect payment this September either.

In a letter written by ANC general manager Febe Potgieter-Gqubule, he apologised to the workers for not being able to pay them for the past three months.

Source: Briefly News