The South African Federation of Trade Unions (SAFTU) calls on the Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) to cut interest rates. This as The Reserve Bank is expected to keep the repo rate unchanged when it makes its announcement later today. The union in a statement says SARB's decision to hike interest rates to their current high of 11,75% prime lending has significantly increased the financial burden on the working class. for more on this Anne Moosa spoke to SAFTU's spokesperson Trevor Shaku 

<p>The South African Federation of Trade Unions (SAFTU) calls on the Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) to cut interest rates. This as The Reserve Bank is expected to keep the repo rate unchanged when it makes its announcement later today. The union in a statement says SARB's decision to hike interest rates to their current high of 11,75% prime lending has significantly increased the financial burden on the working class. for more on this Anne Moosa spoke to SAFTU's spokesperson Trevor Shaku </p>

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First Take SA

A weekly news and current affairs show presented by Elvis Presslin on SAfm 104 to 107 from 5:00 to 6:00 am.

<p>A weekly news and current affairs show presented by Elvis Presslin on SAfm 104 to 107 from 5:00 to 6:00 am.</p>

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