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ANA writes that finance union Sasbo said on Thursday that it was calling on its 73,000 members countrywide to strike on 27 September in protest against the economic crisis in the country and job losses.
The Cosatu affiliate indicated that the protest action will be legally protected under section 77 of the Labour Relations Act and would result in a total shutdown of the finance sector. “We will be calling on our members to down tools … in protest against the contemplated and current job losses in the country, but we are in particular expressing our dismay (at) what is happening in the finance sector,” the union stated. It went on to say: “We are worried about the high level of unemployment (29 percent) in our country and the wretched state of our economy. Coupled with this is our concern that the finance sector should have already taken drastic steps to upskill their workforce in preparation for the future ‘world of work’ and the 4th Industrial Revolution.” General secretary Joe Kokela said the union would soon communicate the logistics of the protest to its members.
- The original of the above report appeared on page 17 of Business Report of 30 August 2019
- See too, Sasbo strike going ahead, says Cosatu, at eNCA
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