[cid:[email protected]] Press release 23 February, 2017
SATAWU MAKES ITS VIEWS KNOWN ON MOLEFE AND BUDGET 2017 Brian Molefe South African Transport and Workers' Union (SATAWU) welcomes the swearing-in of former Eskom CEO Brian Molefe as Member of Parliament. SATAWU has worked with Molefe in the past when he was Group Chief Executive at Transnet. We are delighted that he will be making a contribution to this democracy in parliament. He is a capable individual and we believe parliament needs eloquent MPs of his calibre, particularly now. We have no doubt that he will be excellent in his new role. Budget 2017 Finance Minister Pravin Gordhan's 2017 budget failed to live up to its theme of transformation, let alone radical transformation. The only vaguely transformative aspect of the budget was the announcement of the new top marginal tax bracket of 45% for those individuals earning more than R1.5 million per year. The raising of the tax threshold from R75 000 to R750 750 was measly at best. SATAWU is most disappointed by the 30c per litre rise in fuel price as this will have the gravest impact on the working class. Added to that is the 9c per litre increase which will be channelled to the Road Accident Fund. We hope this will be enough to alleviate the financial strain the fund has been under lately. It was refreshing, however, to hear Minister Gordhan say that government wants state-owned enterprises to play a key role in the economy. Maybe now he will cease citing privatisation each time SOEs are mentioned. We were also encouraged to hear that government will be making capital injections into South African Airways and Passenger Rail Agency of SA. It is worth noting that the overall tone of the budget has not changed since Gordhan took over from his predecessor, Trevor Manuel. Is it any wonder that this economy has not experienced any growth in the interim? Gordhan perpetually preaches belt-tightening and keeping the deficit under control - how then does he explain the ever-increasing debt burden? By now it has become abundantly clear that no growth and by extension no job-creation will result from Gordhan's way of doing things. We therefore call on Treasury to employ much more imaginative methods of running the economy if it is to achieve the growth we all seek. For more information contact: Zanele Sabela, SATAWU Media Officer 079 287 5788 / 011 403 2077 / [email protected]<mailto:[email protected]> __________ Information from ESET NOD32 Antivirus, version of virus signature database 14984 (20170223) __________ The message was checked by ESET NOD32 Antivirus. http://www.eset.com ________________________________ [http://imageshack.com/a/img32/381/6b28.png] E-mail Disclaimer: The information contained in this communication is confidential and may be legal privileged. It is intended solely for the use of the individual or entity to whom it is addressed and others authorised to received it. If you are not the intended recipient you are hereby notified that any disclosure, copying, distribution or taking action in reliance of the contents of this information is strictly prohibited and may be unlawful. The views and opinions expressed in this e-mail are those of the sender unless clearly stated as those of South African Democratic Teachers Union (SADTU). SADTU accepts no liability whatsoever for any loss or damages incurred or suffered arising from the use of this e-mail or its attachments. SADTU does not warrant the integrity of this e-mail nor that it is free of errors, viruses, interception or interference. -- -- You are subscribed. This footer can help you. Please POST your comments to [email protected] or reply to this message. You can visit the group WEB SITE at http://groups.google.com/group/yclsa-eom-forum for different delivery options, pages, files and membership. To UNSUBSCRIBE, please email [email protected] . You don't have to put anything in the "Subject:" field. You don't have to put anything in the message part. All you have to do is to send an e-mail to this address (repeat): [email protected] . --- You received this message because you are subscribed to the Google Groups "YCLSA Discussion Forum" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send an email to [email protected]. Visit this group at https://groups.google.com/group/yclsa-eom-forum. To view this discussion on the web, visit https://groups.google.com/d/msgid/yclsa-eom-forum/533A2CE396AEAF46A12C809E9F98070501D1172D16%40sadtuex01.SADTU.org.za. For more options, visit https://groups.google.com/d/optout.
