Trade Unions Say Modest GDP Growth Falls Short of South Africa’s Economic Needs

Trade unions have criticised the latest GDP figures released by Statistics South Africa, arguing that modest economic growth remains insufficient to tackle unemployment and broader structural challenges. South Africa’s economy expanded by 0.5% in the first quarter of the year between January and March, with finance, agriculture, trade and transport emerging as the strongest contributors to growth. However, the Congress of South African Trade Unions (COSATU) said the current pace […]