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Labour Court To Rule On Banking Strike Thursday

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Riyaz Patel

The Labour Court will Thursday pronounce whether the South African Society of Bank Officials (Sasbo) can proceed with what has been billed as the biggest banking strike in over 50 years.

The banking union plans to hold nationwide protest action Friday September 27.

It said some 50000 workers have indicated that they will take part in marches and picketing against recent retrenchments in the banking sector.

A second strike led by Cosatu is planned for October 7.

Image result for SAsbo

Sasbo general secretary Joe Koleka has warned the strike would result in a complete shutdown of systems, including ATMs.

Business Unity South Africa has filed an urgent court application to interdict the strike.

The matter was heard Wednesday, and judgment reserved for Thursday morning, Kaizer Moyane, BUSA’s Nedlac convener told Fin24.

Sasbo though, is undeterred, and said it plans to go ahead with the strike, which could see protest marches in Johannesburg,

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