• Thinking strategically

    Do policymakers actually consider improving trade performance, asks Geoffrey Chapman.

  • Power problems

    It's an iron law: no electricity, no modern economy, says Leopold Scholtz.

  • M2M money train

    SA's biggest mobile operators have found a new revenue stream, says Gugu Lourie.

Data provided by iNet BFA
Loading...
See More

Strike planned for communications sector

Aug 17 2011 13:58 Sapa

Company Data

TELKOM SA SOC LIMITED [JSE:TKG]

Last traded 56.52
Change 0.26
% Change 0.00
Cumulative volume 768498
Market cap 29.43bn

Last Updated: 21/08/2014 at 04:27. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Post Office admits R425m wanton spending

Post Office bungles R107m project

Post Office faces crippling strike

Post Office chiefs probed

Post Office, union in recognition row

Strikes update

 

Johannesburg - There will be a total shutdown of services at Telkom [JSE:TKG] and the Post Office if demands by workers are not met, the Communication Workers Union (CWU) said on Wednesday in Johannesburg.

A mass action by 23 000 is planned for the first week of September, CWU deputy president Clyde Mervin said.

"We are prepared to move on issues as a matter of urgency," Mervin said.

Notice of strike action will be served just after August 25.

The CWU is demanding the immediate suspension of SA Post Office (Sapo) chief executive Motswanesi Lefoka and chief operating officer John Wentzel, who are being investigated for alleged corruption.

If the call is not met, "we will take to the streets, and demand for their dismissal", Mervin said.

Sapo's board on Monday announced that an investigation into the new Sapo head office building revealed that it had spent R19m prior to renting out of the new building at Eco Point in Centurion.

It was now trying to recover this money. An additional R425m was spent on the 10-year-lease, an amount the Sapo board deemed an "irregular expenditure".

Mervin accused board chairperson Vuyo Mahlati of "defending" some within Sapo's top executive managers.

The CWU was tied in a meeting with the Sapo board on Wednesday over the "lease bungle" and the issue was not yet finalised. Details on this will be divulged later on Wednesday, he said following the press conference.

A wage dispute was also reached with Sapo, which is offering an "insulting, peanuts" increase of 6.2%. The CWU is demanding 11%, and there is "no turning back" on this, he said.

The union will go to the Commission of Conciliation, Mediation and Arbitration for feedback on negotiations.

Telkom has offered workers a 5% wage increment, but the union was also demanding 11% in this instance, he said.

A wage dispute with workers at communications company Trudon has also been declared. That company has proposed a 6% increase for workers, but the demand is for 9%.

"We will negotiate with them on the street," he said.

"The result is the picketing bedlam that has become a normal part of strikes."

 
cwu  |  telkom  |  sapo  |  strikes
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
19 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

Expanding your business requires capital and banks have stringent lending criteria in place.
 

Money Clinic

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