"Business as usual” for banking sector: Busa’s business convener

"Business as usual” for banking sector: Busa’s business convener

The Labour Court has interdicted the Congress of South African Trade Unions (Cosatu) and South African Society of Bank Officials (Sasbo) from going ahead its planned strike action in the banking sector.

Court, gavel
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Around 50 000 bank workers were set to down tools against against job losses and retrenchments.  


READ: Labour court interdicts mass banking sector strike


This could have left thousands of customers unable to access banking services. 


Business Unity South Africa went to court seeking an interdict.


The application to interdict Cosatu and Sasbo was brought by the Business Unity South Africa (BUSA).


The organisation’s  Kaizer Moyane said the court action reaffirmed the fact that both unions should not have bypassed the Nedlac processes.


Moyane added that banking services will not be disrupted on Friday and it will be “business as usual”.


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