Metalworkers’ union saga revives investment company row

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Metalworkers’ union saga revives investment company row - The leader of the South African Federation of Trade Unions has warned that ‘business unionism’ would set the labour movement on ‘the road to hell’

for 20 years before he became the chief executive of the Cape-Town based investment holding firm in 1997. reversed a number of their assets in exchange for shares in HCI. The move gave the two unions control of a JSE-listed company for the first time.

In 2022 Copelyn will make R19.8-million through his shares, salary and bonus from HCI.Subscribe to the M&G today for just R30 for the first three months* to gain access to this story and all our best journalism, subscriber-only newsletters, events and a weekly cryptic crossword.”

 

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ClosetCapitalists !

zidhiva uVavi likes analysis of concepts and issuing half cooked warnings, the question is whether the unions serve worker interests and what is being done to stop corruption, greed and criminality of the career leadership in unions?

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