Archive: 2025 / 09 - Page 2

NSFAS workers stage Cape Town picket over mismanagement and wage disputes

NSFAS workers stage Cape Town picket over mismanagement and wage disputes

NSFAS staff in Cape Town began a three-day picket on July 30, accusing management of mismanagement, corruption and stalled wage talks. Nehawu warns the action could escalate to a full strike if no deal is reached. Workers say delays in payments are hurting low‑income students who rely on NSFAS. The scheme has been under administration since last year after a series of operational failures.

France political crisis deepens: Bayrou falls after 49.3 budget push—what comes next

France political crisis deepens: Bayrou falls after 49.3 budget push—what comes next

Prime Minister François Bayrou was ousted in a no-confidence vote after forcing through €44 billion in cuts using Article 49.3. France now faces its fifth PM in under two years, a record run of instability under President Macron. Debt is above €3 trillion, the deficit is 5.8% of GDP, and credit ratings are under pressure. Macron will name a new PM in days, with strikes and street protests looming.