Workers will start an indefinite strike on Friday at all group companies owned by Walmart-led Massmart Holdings in South Africa, their union said, creating another problem at the retailer struggling to turnaround.
The South African Commercial Catering and Allied Workers Union , an affiliate of the powerful union COSATU aligned with the governing African National Congress, said it will commence the strike from November 19 at all Massmart companies.
While it has implemented a turnaround plan which includes focussing on e-commerce and selling of non-core assets outside of South Africa that has increased sales, analysts have said that Walmart-backing is so far its biggest hope to stay strong in a cut throat retail environment of South Africa. The union has had several engagements with the company this year but it has failed to reach an agreement on wages and lay-offs at some of its stores, it said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AfriForum calls for an end to curfew, gives Dlamini-Zuma until Friday to respondOn Sunday, the country reported 262 new cases of Covid-19 and eight deaths. There are 16,767 active cases in the country.
Read more »
AfriForum gives Cogta minister until Friday to end ‘irrational’ national curfewThe lobby group said on Monday it will approach the courts if it receives no response from the minister.
Read more »
CCMA union threatens a strike as budget keeps shrinkingTalks break down at labour dispute organisation over an offer to increase wages just 1.5%
Read more »
2021 Municipal Elections | DA seals deal with FF Plus, Cederberg EersteThe DA confirmed the deal ahead of Thursday's deadline for coalition talks to be finalised.
Read more »
Please save water, pleads Joburg Water as some areas hit 'critical' levelsJoburg Water has announced it is starting to experience difficulties.
Read more »
Prince Of Fire is burning up the turfThe Johan Janse van Vuuren-trained gelding is seeking his fourth win in four starts.
Read more »