Johnathan Paoli
The South African Federation of Trade Unions (SAFTU) has expressed shock at the recent reported plan of multinational oil giant Shell to leave the country following disagreements with its BEE partner, Thebe Investment Corporation.
SAFTU spokesperson Trevor Shaku said on Monday that the news came as a shock to the federation, but that the situation required guidance and assertive stability from the government.
“We think that the state has to step in to ensure that if Shell does leave, we are able to expand the ownership of liquefied energies in the country, as well as being able to expand the public ownership of the daily fuel, especially those which are consumed by the citizens,” Shaku said.
However, Shell SA spokesperson Pam Ntaka said that the company could not confirm or deny a potential exit from the company, due to the confidential nature of ongoing negotiations.
“As a matter
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