Following various announcements made by Edcon over recent months in relation to the recapitalisation of the business, the Group has advanced the process sufficiently to provide a further update to all stakeholders.
Cosatu demands that the City of Cape Town release the findings of an audit of the land it owns and wants it used for low-cost housing instead of being sold to property developers.
Unless the Ethekwini Municipality pushed the company building Durban’s 2010 stadium to pay its workers decent wages, the labour strike would continue — a move which will affect the deadlines set by world soccer controlling body Fifa , the Congress of South African Trade Unions (Cosatu) said last week.

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