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.

Beer strike to hit SA

Jan 08 2010 22:37

Related Articles

Beer plants 'to shut down'

Cold drink strike 'must end'

Cold drink supply largely spared

Cosatu threatens football strike

Strikers arrested at ABI depot

ABI: Fawu vows 'global' action

 

Top Stories

Gauteng road project costs rocket

May 25 2012 13:58

The costs of the first phase of the Gauteng Freeway Improvement Project have increased significantly to almost R90bn, according to a report.

Sizeable drop in petrol price expected

May 24 2012 17:31

The Reserve Bank will maintain current interest rates, and a considerable reduction in the local petrol price is anticipated, says governor Gill Marcus.

JSE halts 'incorrect' trade

May 25 2012 11:36

The JSE has identified and stopped "incorrect" trades from one of its members, and will reverse the trades and lower the session's total value after the close.

 
Share Share line Print

Johannesburg - South African Breweries (SAB) is making contingency plans to counter threatened strike action at its beer plants, the company said on Friday.

Some branches of SABMiller's beer plants in South Africa face a possible shutdown on Monday due to a sympathy strike linked to domestic soft drink unit ABI, the biggest producer and distributor of Coca Cola brands in the region.

"The management teams of both SAB and ABI have put in place strong contingency plans to ensure the least amount of disruption to both businesses," ABI said in a statement, adding all SAB customer orders would be met.

About 940 workers at ABI, which employs 3 766 people, launched the strike on December 10, demanding a 9.5 percent wage hike after rejecting the company's 8.3 percent offer.

The month-long strike, which ABI said had limited impact on operations, has been accompanied by violence with about 100 people arrested.

Despite calls for a sympathy strike by the FAWU trade union, ABI said workers at SAB had been reporting for duty since Wednesday.

- Reuters

 
 
Comment on this story
0 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)

NicolaaSmith

CIPPA equals automatic zero erosion in the constant item economy We do not have stable – as in fixed real value – money. The real value of money is generally accepted by the public at large to be stable – as in fixed – in low inflation economies, but this is not true. The be... 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...