South African Workers on Strike

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Aug. 23 (Bloomberg) -- Bloomberg's Poppy Trowbridge reports on South Africa's nationwide strike. State employees are demanding an 8.6 percent pay increase and a housing allowance of 1,000 rand ($136) a month. The government says it can’t afford to raise its offer of a 7 percent increase and a 700 rand allowance. South Africa ’s annual inflation rate is currently 4.2 percent. (Source: Bloomberg)


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