South Africa
Cosatu: Interest rate hike a blow to workers─── 09:52 Sat, 23 Jul 2022
Cosatu says the latest interest rate hike will bleed workers and suffocate the economy further.
The federation says the 75 basis points hike was not done in the interest of the people, but those of the lenders.
It's calling on the government to intervene and look at external factors influencing inflation.
