Here’s how the banking sector strike will affect you

JOHANNESBURG - South Africans are being urged to prepare for Friday’s strike in the banking sector with warnings that ATMs will not be operating and apps and online banking could also be disrupted.

The country's biggest financial union Sasbo is expected to bring the industry to a standstill when it protests against job losses.Sars said the strike may affect tax payments and refund transactions.But Sasbo’s general secretary Joe Kokela said even these services would not be operational. “They forget that there’s a human being who is in operation of those robots. So, there will be no one who will be able to go into the app.”

Sasbo represents 73,000 finance sector employees and it said it expected over 45,000 of them to join the strike, while others will stay away from work.

Would this not actually serve as an incentive fir the banks to automatize even more? Computers don't go on strike. Ay least not so organized.

Too bad,

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How to cope during a banking strike? Go digital'In case of any unavoidable disruptions at branches, bank customers should as far as possible make use of digital banking services.'
Source: TimesLIVE - 🏆 28. / 59 Read more »

Sasbo threatens to shutdown banking sector as strike loomsSasbo has warned that thousands of its members will take to the streets in a nationwide protest against retrenchments. What will then happen to my bond? Be a write off? If yes, no problem, let's proceed shut down plans
Source: eNCA - 🏆 49. / 51 Read more »

Friday's bank strike will affect ATM and other operations: Union - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Friday’s bank strike will affect ATM and other operations: Union The South African Society of Bank Officials (SASBO) has provided details on their planned nationwide strike action this Friday. M_Letsholonyane We'll be there to support them South African Bank's Unions would never go on a full scale industrial strike, the least they can do is picketing during lunch time or on weekends. This is because the unions there have been created by the Banking institutions themselves. They will call it off soon. BankStrike Lol they wait for people to be retrenched then strike lol wow very proactive 😂
Source: SABC News Online - 🏆 32. / 51 Read more »

Major bank strike planned for FridayFinance union Sasbo expects tens of thousands of its members to go on strike on Friday over planned retrenchments in the banking sector. we should all stockup on cash like is Black Friday🤪🤪🤪🤪 South African Bank's Unions would never go on a full scale industrial strike, the least they can do is picketing during lunch time or on weekends. This is because the unions there have been created by the Banking institutions themselves. They will call it off soon. BankStrike
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Major bank strike planned for FridayFinance union Sasbo expects tens of thousands of its members to go on strike on Friday over planned retrenchments in the banking sector really, who cares It's about time Jobs are lost bc the economy is in the shit. Welcome to the world of economy . How it really works
Source: TimesLIVE - 🏆 28. / 59 Read more »

Busa goes to court to stop banking sector strikeBusiness Unity SA hopes to halt the Sasbo strike, as banks ramp up digitsation that could lead to job losses 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!
Source: BDliveSA - 🏆 12. / 63 Read more »