matthew parkslatest news & developments
Finance Minister Enoch Godongwana. (GCIS)

Godongwana holds better budget cards but economic recovery remains inadequate

Labour federations Cosatu and the South African Federation of Trade Unions have led calls for a budget that addresses massive unemployment and weak growth

Bitter impact: Tongaat Hulett’s liquidation will have a devastating ripple effect throughout not just KwaZulu-Natal but the entire country too,
filtering right down to the consumer. Photo: Delwyn Verasamy

Tongaat Hulett collapse looms

Vision, the lead secured lender to the troubled sugar giant, said it was committed to saving the company and jobs despite the business rescue process failing

Political: The Truth and Reconciliation Commission was a decision aimed
at unity rather than imprisoning thousands of white people. Photo: File

National Dialogue: South Africa’s elusive search for a social compact

Critics wondered whether the convention would follow through with local ward talks and implement recommendations

President Cyril Ramaphosa. (Photo by Per-Anders Pettersson/Getty Images)

Ramaphosa’s cabinet deliberations will not be quick or painless

The Democratic Alliance says the president must stick to the letter of the coalition pact and divide cabinet posts among parties in line with the number of seats in parliament

March past: A Cosatu demonstration in Johannesburg last year. Photo: Papi Morake/Gallo Images/Getty Images

Government of national unity: Political shift tests Cosatu’s influence

The labour movement helped end apartheid and usher in Mandela’s coalition government. Its currently diminished position is cause for anxiety as the ANC forges new political alliances

DA leader John Steenhuisen. (Darren Stewart/Gallo Images)

Minimum wage stance won’t get DA a raise

The party’s belief that the base pay should be phased out could scupper its coalition prospects

March past: A Cosatu demonstration in Johannesburg last year. Photo: Papi Morake/Gallo Images/Getty Images

Cosatu: Agoa must support Africa’s industrialisation

Beneficiation growth, decent work, penalties for companies that violate labour laws and ensuring multinational companies pay taxes in Africa are among the issues unions will raise