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Unions warn of job losses amid declining production
Cape Argus
|May 13, 2025
THE SA Federation of Trade Unions (Saftu) and the Congress of South African Trade Unions (Cosatu) have raised concerns about job losses amid a decline in the country’s manufacturing sector.
This was after Statistics SA (Stats SA) released data showing that manufacturing production decreased by 0.8% in March compared to the same period last year.
This marked the fifth consecutive month of decline in industrial activity.
The largest negative contributors were petroleum, chemical, rubber and plastic products and electrical machinery.
On a quarterly basis, production fell by 2.3% in the first quarter of 2025 compared to the fourth quarter of 2024.
It also decreased by 2.2% on a monthly basis - March 2025 compared to February 2025.
Saftu attributed the decline to neo-liberal policies, insufficient investment and an extractive economic structure.
Cette histoire est tirée de l'édition May 13, 2025 de Cape Argus.
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