Top news items in major S. African media outlets
Xinhua,May 02, 2018 Adjust font size:
CAPE TOWN, May 2 (Xinhua) -- The following are news highlights in South African major media outlets on Wednesday.
-- Interest rates in South Africa will remain unchanged into late 2019, Nedbank Group's Economic Unit forecasted on Monday.
According to Nedbank, rising inflation and concerns over tightening policy globally will probably keep interest rates in SA on hold in the short term until these trends become clearer.(Fin24)
-- With the national bus strike now in its third week, unions and employers say they are still not close to finding common ground.
However, bus employers say they are still open to negotiations in a bid to end the industrial action.(Eyewitness News)
-- The national minimum wage dominated the National Council of Trade Unions Workers Day celebrations. The union hailed it as a great achievement.
The organization has criticized those opposed to the minimum wage as being ill-informed, warning that it should not be politicized.(South African Broadcasting Corporation) Enditem