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May 24 2012 17:31
The Reserve Bank will maintain current interest rates, and a sizeable reduction in the local petrol price is expected, says governor Gill Marcus.
May 24 2012 15:29
The Reserve Bank will maintain current interest rates, says governor Gill Marcus.
May 23 2012 22:00
Economic liberation or the lack thereof is the most divisive issue in the country, according to a survey.
Johannesburg -
Thousands of Pick n Pay workers protesting against alleged
racism in the company handed over a memorandum of grievances at its
head office in Kensington, Johannesburg, on Friday.
The protesters gave management 48-hours to respond to their
demands.
They complained about over-representation of whites in senior
positions, claiming that blacks were marginalised.
"There is racial discrimination in extension of employment
contracts as well. White employees' contracts are extended while
those of blacks are not," said South African Commercial, Catering
and Allied Workers' Union (Saccawu) deputy secretary general
Mduduzi Mbongwe.
He said there was also a refusal by senior management to act
against white managers found guilty of racist practices in the
workplace.
The workers alleged that Pick n Pay South Africa group chief
executive officer Nick Badminton was being racist when he said: "It
takes long for black people to develop".
"We want him to withdraw his statements and apologise in public
for having said this about workers," said Mbongwe.
The protesters charged that there was racism even in the way
senior managers were deployed.
The union said it had raised the issues with company mid-2008,
but that it only responded in June this year when it said it would
hold a commission of inquiry.
"We don't want a commission of inquiry. We want an answer to
each and every question we sent to them," Mbongwe said.
Saccawu demands that Pick n Pay enter into a "meaningful"
engagement with it over a programme to transform the company. It
also wants an end to all racist practices.
Wearing red union T-shirts and caps the protesters sang struggle
songs, blew vuvuzelas and wielded placards reading: "White
colleagues use their own canteen and toilets. This is a virus. No
to racism"; "My colour is skin deep, I can't remove it"; "Only one
black director out of 34 000 employees"; and "Stop racism within the
workplace".
They handed over their memorandum of grievances to management
just before 14:00.
Pick n Pay South Africa's group human resource director Isaac
Motaung received the memorandum.
"Thank you very much for coming. It is important to give the
company an opportunity to respond to these grievances
comprehensively. You will hear from us within the specified time,"
he said.
Workers dispersed after the protest. The union said they would
be back at work on Saturday as they waited for the company's
response.
- Sapa