The Citizen reports that labour federation Cosatu will go on a national strike if funds from the Public Investment Corporation (PIC) are used to bail out the embattled SA Airways (SAA), Parliament heard on Friday.
The federation was presenting a submission to the Standing Committee on Appropriations, detailing its concerns about the airline and its 10,000 workers. Last month, the PIC, which is the investment agency for the Government Employees Pension Fund (GEPF), said it was not ruling out the possibility of bailing out SAA. But, the federation warned it would mobilise its members to take to the streets if there were any moves to “loot” the PIC. “Government must not take this warning lightly. Teachers, nurses, police officers, prison wardens, doctors, public servants across the board will not hesitate to go on strike if government thinks it can allow the PIC and their pensions to be looted,” Cosatu said in its submission.
- Read this report by Simnikiwe Hlatshaneni in full at The Citizen
- Read too, Zuma vows government will continue supporting embattled SAA, at Engineering News
Get other news reports at the SA Labour News home page