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.

Petrol stations to run dry

Apr 01 2009 16:01

Related Articles

Strike looms over power hike

'SAA paid no-strike bonuses'

Job losses may spark strikes

Slap a boss and win

 

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.

Greek euro worries pressures rand

May 25 2012 19:13

Uncertainty over the future of the euro zone returned to push the rand down against the dollar.

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 - Petrol stations will run dry if a strike by the SA Transport and Allied Workers' Union (Satawu) goes ahead, the Fuel Retailers' Association said on Wednesday.

"The infrastructure is under pressure in any event - so a strike will cause chaos," said the association's CEO Peter Morgan.

He said that Caltex and BP service stations would be the worst hit by the proposed April 7 strike.

"And unfortunately we're not even part of the negotiations - Satawu are negotiating with the Road Freight Association," he added.

Morgan warned that if the strike occurred - and if oil companies could not find drivers for their trucks - chaos would ensue.

"There'll also be a change in motorist buying behaviour for sure - South African motorists know about these problems as we've had them before."

Morgan said that most petrol stations had a two-day lead time at most.

Tabudi Ramakgolo, a spokesperson for Satawu, confirmed to Sapa that the union's members were likely to strike on April 7.

This was after a failure to reach an agreement with the Road Freight Association over minimum wages.

"Our last meeting took place yesterday [Tuesday] but it seems we can't find any solution," he said.

The union was demanding that the minimum wage for long distance drivers be increased to R6 000 a month from R4 300.

It had asked that its general workers' minimum wage be increased to R3 000 from R2 000.

Asked if Satawu had taken into consideration the chaos that the strike would cause, Ramakgolo said the union's members came first.

"Everything has been taken into consideration but the members come first when it comes to take-home pay," he said.

He confirmed that as many as 60 000 workers could strike - the union itself had 30 000 members in the road freight industry.

The Road Freight Association could not be reached for comment.

However, a notice on its website said Satawu had issued a notice to commence with a strike on April 7 and that the union remained "inflexible".

The notice added that although the Road Freight Association had had several meetings with the union over the last few days, it advised the community to prepare for strike action.

- Sapa

 
 
Comment on this story
0 comments
Comments have been closed for this article.
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...