Home South African Cosatu plans massive strike against fuel costs, rising food prices and load...

Cosatu plans massive strike against fuel costs, rising food prices and load shedding

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Cosatu is planning a massive protest strike against the rising cost of fuel and food and against load shedding on August 24.

File picture: Henk Kruger/ANA

COSATU plans to hold a national strike on August 24 against the escalating food prices, fuel costs and load shedding.

The trade union made the announcement on its Twitter page on Monday, inviting the media to a briefing on Thursday.

In a short statement posted on its website, Cosatu said the protest also represents workers who are treated unfairly by their employers.

“This socio-economic strike also represents a push-back and a response by the workers to the ongoing class warfare directed at them by both public and private sector employers.”

Cosatu’s announcement comes a week after the South African Federation of Trade Unions (Saftu) indicated that it too would embark on a national shutdown against the rising cost of living and other issues affecting the working class on August 24.

“The country is marching towards a precipice, and if the working class is not organised around a programme, and even an organ, it will be used by intra-factions of capitalism for their own end,” said Saftu spokesperson Trevor Shaku at the time.

In July, protests over the escalating cost of fuel erupted in KwaZulu-Natal and Mpumalanga.

The two provinces experienced disturbances on major roads as taxis and trucks took part in a protest.

Fuel prices rose by more than R2 a litre for both diesel and petrol in July. South Africans living inland now pay around R25 for a litre of petrol and just over R27 for a litre of diesel. Coastal cities pay about a rand less than those living in inland provinces.

However, motorists could be in for a big petrol price cut in September as global oil prices have fallen into a bear market on fears of weakening fuel demand due to the looming recession.

Investec chief economist Annabel Bishop said domestic fuel prices could be reduced further next month as oil prices were down more than 20% from the June high.

“International oil and petroleum products prices have dropped from mid-June, with the Brent crude oil price at $99.70 per barrel from $123.60 per barrel in June.

“Another petrol price cut is building for South Africa in September, of around R3 per litre, after the cut announced for August,’’ Bishop said.

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