Around 50 000 workers have indicated that they will protest and picket against recent retrenchments in the banking sector
Congress of South African Trade Unions and South African Society of Banking Officials say they will seek leave to appeal a judgment by the Labour Court which stopped Friday’s planned strike by workers in theCosatu Deputy Secretary-General Solly Phetoe said the union will also resubmit a section 77 notice to the National Economic Development Labour Council .
Sasbo members are demanding an end to retrenchments in the banking sector, digitalisation and the high salaries executives are earning. He also encouraged workers to report for work on Friday. Business Unity South Africa applied for an urgent interdict to stop the strike action. It argued that the delayed period between the notice to the NEDLAC and the protest action date did not satisfy the requirements of a protected action.
“COSATU and SABO are interdicted and restraines from proceeding with, encouraging or enticing employees to engage in the intended protest action…”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nzimande lauds diplomatic relations between S Africa and China - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Nzimande lauds diplomatic relations between S Africa and China Minister of Higher Education, Science and Technology, Dr Blade Nzimande says diplomatic relations between South Africa and China are beneficial to both nations, not just China. This is a Communist🤨 Ask what about the wool export useless minister
Source: SABC News Online - 🏆 32. / 51 Read more »
Mutton, beef producer prices decrease - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Mutton, beef producer prices decrease The Red Meat Producer’s Organisation (RMPO) says the producer prices of mutton and beef have decreased. At last we can have mutton meat for a change no more chicken.. Not in my local butchery Hhayi, kephi khona?
Source: SABC News Online - 🏆 32. / 51 Read more »
BREAKING NEWS: Banking strike cancelled by court | IOL Business ReportThe planned banking strike by trade union Cosatu and banking union Sasbo has been stopped in its tracks by a Labour Court ruling on Thursday morning. It is disgusting that the courts sided with those who have their heels on the head of the Workers So much for your ethos Busa You are part of the problem North West or which court? I knew it was not going to happen now, they will probably delay it until next month end.
Source: IOL - 🏆 46. / 51 Read more »
Ntshalintshali weighs in on bank strike - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Congress of South African Trade Unions (Cosatu) General Secretary, Bheki Ntshalintshali, has challenged the banking sector to consider the plight of the thousands of employees who face retrenchments within the sector. Who uses ATM’s and branches, the poor, 100% this will lead to more job losses, nothing can stop the further automation of this industry.
Source: SABC News Online - 🏆 32. / 51 Read more »