Banking union Sasbo has been interdicted from proceeding with what would have been the biggest banking strike in 99 years, the Labour Court in Braamfontein ruled on Thursday morning. The union and about 50,000 of its members planned to hold marches across major cities on Friday to protest retrenchments in[…]
The labour court will rule on Thursday morning on whether it will stop the banking sector strike scheduled for Friday. The protest is planned by union federation Cosatu and the South African Society of Bank Officials (Sasbo) against retrenchments in the banking sector. Questions over whether a notice to strike[…]
A major banking shutdown is expected this Friday, 27 September. The shutdown will be taking place due to industrial action within the banking sector, brought about amid planned large-scale retrenchments, ongoing job losses, concerns around upskilling and the fourth industrial revolution and salary structures. The strikes are planned by finance[…]
The country’s largest financial union is planning a major strike to take place at the end of this month. Tools will be downed as Sasbo members prepare to protest over planned retrenchments in the banking sector. Sasbo – or the South African Society of Bank Officials – is 73 000[…]
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