Cosatu backs banking sector strike

The federation is backing the call from the South African Society of Bank Officials to strike against retrenchments in the sector. Courtesy #DStv403

JOHANNESBURG - Cosatu is throwing its weight behind Friday's banking sector strike. 

The federation is backing the call from the South African Society of Bank Officials to strike against retrenchments in the sector.

READ: Sasbo threatens to shutdown banking sector as strike looms

"There are two planned industrial action strikes that we are going to take, both of them are highlighting the issue of job crisis, both of them are highlighting the issues that we are pleading, jobs and seemingly business is not committed to the undertakings that they have taken," said Cosatu general secretary Bheki Ntshalintshali.

Sasbo said it will shut down the country's banking industry and warned consumers that they can expect to be directly impacted by the strike.

Business Unity South Africa wants to interdict the action on behalf of South Africa's commercial banks.

Source
eNCA

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