Cosatu: Battle against job losses at banks has only been 'postponed, not cancelled' | IOL Business Report

JOHANNESBURG – Finance trade union Sasbo will launch an urgent appeal against the labour court judgment that barred banking sector members from embarking on a strike.

The trade union's mother body, the Congress of South African Trade Unions said the battle against job losses at banks has only been "postponed and not cancelled". "Cosatu has noted the decision by the court to interdict the planned Financial Strike that was organised by Sasbo and Cosatu," Cosatu said in a statement on Thursday.

"We totally disagree with the court’s decision but we respect our judicial system so we will abide by the decision while launching an urgent appeal against this ruling. We call on all our members and workers who were ready to go on strike tomorrow to respect the court’s decision and report for work tomorrow but remain battle-ready for the battle ahead."

Judge Hilary Rabkin-Naicker ruled that Cosatu and Sasbo had failed to comply with provisions of section 77 of the Labour Relations Act, which governs protests to promote and defend the socio-economic rights of workers. Business Unity SA headed to court to stop the planned nationwide Friday strike, arguing that Sasbo did not follow proper procedures before embarking on the strike action.

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Cosatu, Sasbo to seek leave to appeal over bank sector strike - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Cosatu Deputy Secretary-General Solly Phetoe says the union will also resubmit a section 77 notice to NEDLAC and will seek a leave to appeal Thursdays judgment.
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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.
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