Cape Town - The Congress of South African Trade Unions (Cosatu) on Tuesday warned Minister Tito Mboweni that it wanted to see turnaround plans for embattled state-owned enterprises that would not result in job losses.
"We want clear turnaround plans for SOE’s that will not involve rendering thousands of workers unemployed at SABC, SAA, SA Express, Denel, Prasa, Transnet," the power labour federation said in a statement on the eve of the budget.
The call comes after the National Union of Mineworkers (NUM) threatened last week to withhold its support for the ruling African National Congress in national elections in May should the government push ahead with the plan President Cyril Ramaphosa announced to unbundle power utility Eskom.
Cosatu said it recognised the fiscal crises facing the state but said it looked to government to cut waste and stem corruption, manage budgets better and increase spending that would uplift the poor and boost growth.
"The government needs to increase targeted expenditure to protect and uplift the poor and stimulate badly needed economic growth and at the same time begin to contain and reduce the unsustainable levels of public debt. This is a matter of urgency and one that can be done if there is the political will. "