Busa goes to court to stop banking sector strike

Business Unity SA is going to court to stop finance union Sasbo, a union federation Cosatu affiliate, from embarking on a total shutdown of the banking sector from Friday, the Banking Association SA said.National Economic Development and Labour Council , under which Sasbo was planning to act, “may not have satisfied the requirements for the action to be legally protected”.

The protest comes as the industry is battling job losses and scrambling to digitise its operations due to competition from tech-savvy newcomers such as Discovery, TymeBank and Bank Zero. Basa said it is taking the necessary precautions to minimise disruptions and inconvenience to customers.

There should be legislation against strikes aimed at 'bringing things to a standstill ', but which will achieve NOTHING! As sad as job losses will increasingly be a reality, the 4th Industrial revolution is not going to stop. The world MUST have less children, especially in SA!

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