Saftu demands the scrapping of the 3% inflation target [SOUND]

# The South African Federation of Trade Unions is calling on National Treasury to scrap the new three-percent inflation target, and reopen democratic dialogue on a full-employment-centred macroeconomic framework. Treasury says the lower inflation target aligns the country with international best practices. Saftu’s Asive Dyani says South Africa cannot adopt the monetary policy of Thailand or Vietnam while having unemployment that is six times higher: