Major bank strike planned for Friday

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South Africa Headlines News

Finance union Sasbo expects tens of thousands of its members to go on strike on Friday over planned retrenchments in the banking sector.

But the union has to overcome the hurdle of an application by the banking industry for an interdict to stop workers striking.

The application, which the union will oppose, is expected to be heard in the labour court on Wednesday. “The banks have filed an interdict to stop the strike, which we will be opposing in court on Wednesday. We believe this is an empty threat and a delaying tactic by the banks,” Sasbo secretary-general Joe Kokela said.

Kokela said Friday’s strike was the first of two planned by the union and its parent trade union federation, Cosatu.

 

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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

we should all stockup on cash like is Black Friday🤪🤪🤪🤪

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