South Africans breathe a sigh of relief as banking strike halted by Labour Court

By Doug Mattushek - 26 September 2019Views : 907

The Labour Court has ruled that Friday's planned strike by the banking sector will not go ahead.

Banking union Sasbo and it's 50 000 member base had planned to strike against mass retrenchment on Friday in what would have been the biggest strike from the sector in 100 years.

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However, Business Unity South Africa (Busa) launched an urgent court application to interdict the strike on the grounds that it was unlawful.

Fin24 reports that the National Economic Development and Labour Council's convener for Busa, Kaizer Moyane, revealed that Sasbo did not consult Nedlac about protecting the strike.

On Thursday morning, the Labour Court in Braamfontein ruled that the strike is indeed unlawful.

"Protest action is not the solution," Moyane told SABC News.

"It is only the last resort if you have failed to convince each other through talking.

"We have always said that disruption to the economy through any form of industrial action is not what the country needs right now. We are happy that the judge has put an end to the protest action."