Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

Rail strike unfair to poor - MEC

May 03 2010 17:36

Related Articles

Municipal strike over - union

Municipal strike over - union

Union gets go-ahead for strike

Last-minute talks on rail strike

ANC warns trade unions

Analysts: Zuma must watch unions

 

Top Stories

Sizeable drop in petrol price expected

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.

Interest rates unchanged

May 24 2012 15:29

The Reserve Bank will maintain current interest rates, says governor Gill Marcus.

UK recession deepens

May 24 2012 12:00

Britain fell deeper into recession than initially thought in the first quarter of 2012, upping chances that the central bank could inject more stimulus into the economy.

 
Share Share line Print
Cape Town - Unions planning next week's rail strike were effectively putting a gun to the head of the poor, Western Cape transport MEC Robin Carlisle said on Monday.

He said he planned an urgent meeting with bus companies and other public transport providers to ensure a reliable alternative for more than half a million rail commuters who would be stranded by the strike.

His move followed a decision by the SA Transport and Allied Workers' Union and the United Transport and Allied Trade Unions to embark on a joint strike against the Passenger Rail Agency of SA and Transnet from May 10.

He said in a statement he understood that the unions were exercising their right to strike.

However, it was unfair for commuters to have to bear the brunt of wage disputes or any other labour deadlock.

"The unions are effectively putting a gun to the head of the commuter struggling to put food on the table," he said.

"It is irresponsible for unions to embark on strikes without taking into due consideration the impact of their protest on the lives of commuters."

  - Sapa

 
 
Comment on this story
14 comments
Add your comment
Comment 0 characters remaining
Facebook's intrinsic value
May 23 2012 11:32

When it comes to judging a company’s worth, value investors like Warren Buffett look at intrinsic value. By that measure, Facebook’s shares are worth less than $10. A Reuters analyst breaks down the math. (Reuters)

Sasha

"I can see why Angela Merkel does not want Germany to go down the path of Euro bond issuances right now. It would immediately see Germany's funding costs jump, because they would be lumped with their peers down South, and in particular the third (Italy) and fourth (Spain) largest economies in Europ... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...