The impact of the Transnet strike is more than the country can absorb, said the South African Association of Freight Forwarders. 😱💸Read more here 👇
“According to the latest Sars merchandise stats, R343 billion worth of goods were traded by the country in August. If we consider that 70% of merchandise is processed via the ocean modality, the current inactivity blocks more than R8 billion worth of goods each day.
“Combined with the ripple effect, the impact is more than the country can absorb, given the current economic climate,” the association said on Saturday. The organisation urged Transnet and the unions to resolve the impasse, adding that the strike was “throttling the economy to the point of no return”.
On Tuesday, Satawu served Transnet with a 48-hour notice to strike, the union plans to go on a full blown strike on Monday. Transnet on Thursday said any strike action taking place presently is illegal and unprotected, as Untu had apparently not followed the prescripts as set down in the Labour Relations Act prior to embarking on strike.Meanwhile, attempts by the company to interdict the labour action failed in court on Friday.