Vavi welcomes investigation into workers' allegations against Clover - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

South African Federation of Trade Unions’ General-Secretary Zwelinzima Vavi says he’s relieved that Trade, Industry and Competition Minister Ebrahim Patel have agreed to investigateHe says Clover has reneged on the terms of its merger agreement with Milco, a company led by a consortium of companies run by Israeli’s Central Bottling Company.

The merging parties agreed to a moratorium on retrenchments for three years and the creation of 550 jobs through project Masakhane. Vavi says 2 000 workers could lose their jobs as a result of Clover’s proposed restructuring following the merger. “The minister has now agreed to initiate a process where our allegations will be tested through an investigation by the Competition Commission. The DTI will then approach the Competition Commission to say the facts that are on the table that the terms of agreement of the merger are now being breached by Milco and Clover. We are happy with that,” says Vavi.

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THE TRADE UNIONS DOING WHAT THEY DO BEST BY DESTROYING ANOTHER COMPANY AND INCREASING UNEMPLOYMENT.

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Clover Strike | ‘Trade and Industry Minister must reverse merger’ – VaviZwelinzima Vavi says that is is unacceptable that Clover employees will have to take a massive 20% pay cut. This must be lesson to the gvt when they fail service delivery. This is a result of poor service delivery. More companies will follow suit is our gvt is selfless I know we all probably might have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to LeticiaThomas90 on Twitter she guides me through and i made a return of $10500 after a week of trading, connect with her LeticiaThomas90 I want to share this because i want others to benefit from this opportunity that samantha_mining gave to me, i made R362,853 profit. I strongly recommend this trader to those who look for a stable system.
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