JOHANNESBURG, (CAJ News) – SOUTH African banks have come under pressure from unions following the financial institutions’ targeting of indigenous firm, Ayo Technologies.
ABSA has cut ties with the technology company while First National Bank (FNB) has given Ayo until May 3 to find a new bank.
While reasons for the closure have been kept confidential, it is believed to stem from allegations of financial impropriety.
Unions believe the banks are doing such as part of their involvement in the factional battles of the ruling African National Congress (ANC).
“We must not view the decision taken by both FNB and ABSA as guided by morality, principles or ethics,” Irvin Jim, National Union of Metalworkers of South Africa (NUMSA) General Secretary, said.
No reason to celebrate Freedom Day: Numsa
By Mayibongwe Maqhina
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Cape Town - Trade union NUMSA said on Thursday it was not celebrating Freedom Day because there was very little for the working-class majority of the country to celebrate.
Numsa general secretary Irvin Jim said in a statement that April 27 in 1994 was a historical moment for the people as millions queued for the very first time to make their mark in the country’s first democratic elections.
“We had so much hope. We believed that by making a simple mark on the ballot sheet, centuries of colonial subjugation and suffering would be brought to an end,” Jim said.
Numsa wins bid for fuel sector to strike
By Dieketseng Maleke
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THE National Union of Metalworkers of SA (Numsa) emerged victorious after the Essential Services Committee (ESC) of the Commission for Conciliation, Mediation and Arbitration deemed the fuel sector a non-essential service. This means that the workers in the sector can strike.
Last year, the petroleum industry wanted to be declared an essential service. It made representations to the ESC. Trade unions at the time said the move to declare the workers as essential services prohibited employees from striking.
The fuel sector includes the production, transportation, and distribution of fuel.
April 12, 2021
All we want, all everyone wants, is regular, affordable electricity.
WHEN it comes to electricity, all members of the Cape Chamber of Commerce and Industry, all the private sector wants, all the citizens of South Africa want is a safe, affordable, and regular supply of electricity,
At present that is not the case. There have been repeated delays by the Department of Minerals. Most frustrating of all is that for ten years the Cape Chamber has lobbied hard for actions that could have been taken then but were not. Whatever the reasons for this delay, none of them are a credit to the public service as a whole.
Court sets aside guidelines believed to be Stateâs attempt to curtail workersâ right to strike
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Johannesburg - A set of labour guidelines viewed by some as the governmentâs attempt to curtail workersâ right to embark on strikes have been set aside by the North Gauteng High Court.
Passed by then labour minister Mildred Oliphant in December 2018, the guidelines made it illegal for unions to embark on strikes and lockouts before conducting secret voting among members.
The guidelines came into effect on January 1, 2019, giving unions 180 days to amend their constitutions to include secret balloting to test whether members favoured a strike.