COSATU urges SARB to keep interest rates unchanged at this week's MPC meeting

COSATU is urging the South African Reserve Bank to keep interest rates unchanged at this week's Monetary Policy Committee meeting. The federation says rising inflation is driven by global factors, not local demand.COSATU warns that any repo rate hike would further strain struggling workers and slow an economy already facing low growth and high unemployment. We spoke to COSATU Parliamentary Coordinator, Matthew Parks for reaction.