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.
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