Tiso Blackstar employees vow to intensify strike in election week - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

at newspaper publisher, Tiso Blackstar have vowed to intensify their strike ahead of the elections next week. The company owns several media brands including Business Day, The Sowetan, Sunday World and The Sunday Times.

The company share price has dwindled by 80% in the past eight years due to poor sales of newspapers. Workers are demanding a 20% wage increase, better working conditions and compulsory bonuses. Moshoeshoe Monare, Deputy Managing Director at Tiso Blackstar, says the company has put measures in place to avoid the impact of the strike on business.

“We always have contingency plans for every industrial action, as you may have seen there were only about 20 people on strike which didn’t affect our operations at all. The certificate that the unions secured from the CCMA was regarding the payment of bonuses and also salary increases, that’s the issues that we deadlocked on. As a company it is in our best interest to engage and find the solution to this,” says Monare.

ANC is treating us like Apartheid

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tiso Blackstar faces tough trading conditions - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Newspaper publisher Tiso Blackstar continues to face tough trading conditions which has resulted in its share prices dwindling by 80% in the past eight years.
Source: SABC News Online - 🏆 32. / 51 Read more »

Political campaigning intensifies in KZN - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.You mean ANC campaign, cause that is all you are reporting while using our tax moneys.
Source: SABC News Online - 🏆 32. / 51 Read more »

Police ready for elections: Cele - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.
Source: SABC News Online - 🏆 32. / 51 Read more »

IEC ready for elections: Commissioner - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.
Source: SABC News Online - 🏆 32. / 51 Read more »

Sarah Baartman's project nearly complete - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The R165 million project at Hankey in the Eastern Cape that honours the memory of Sarah Baartman is nearly completed after a four-year delay.
Source: SABC News Online - 🏆 32. / 51 Read more »

Maimane celebrates Freedom Day - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Meanwhile his political handlers are just having a normal weekend reminiscing about the 'good' old days Good idea, we all need to respect this day DA is silent about free education and decolonisation of education.
Source: SABC News Online - 🏆 32. / 51 Read more »

More traffic officers needed: Nzimande - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Transport Minister Blade Nzimande says more traffic officers are needed on the country's roads because of the growing number of cars using the thousands of kilometres of tarmac. We need honest traffic officers that abide to the law not to fill their pockets. Government should also be looking into license fraud, how many people on the road have bought their licenses?
Source: SABC News Online - 🏆 32. / 51 Read more »