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BusinessLive reports that on Friday Solidarity will ask the Labour Court to place the Metal and Engineering Industries Bargaining Council (MEIBC) under administration, in a bid to save it from bankruptcy.
The trade union said this was due to an ongoing financial crisis affecting the bargaining council over the past few of years, as well as the inability of parties in the council to come to an agreement on a number of issues. About 340,000 employees and 10,000 companies fall under the MEIBC. "Urgent steps have to be taken to improve the bargaining council’s financial position to ensure its future," Marius Croucamp, deputy general secretary at Solidarity, said on Thursday. Solidarity will request that an administrator be appointed to enable to bargaining council to become solvent again, and that its funds and bank accounts be part of the brief.
- Read this report by Mark Allix in full at BusinessLive
- Read Solidarity’s press statement at Solidarity online
Get other news reports at the SA Labour News home page