SOUTH AFRICANS WARNED TO WITHDRAW ENOUGH MONEY AHEAD OF BANKING STRIKE

SOUTH AFRICANS WARNED TO WITHDRAW ENOUGH MONEY AHEAD OF BANKING STRIKE

JOHANNESBURG – South Africans have been warned to withdraw enough money ahead of the nationwide strike in the banking sector on Friday as ATMs and banking services will be shut down.

The country’s biggest financial union Sasbo said it would bring the industry to a standstill when it protests retrenchments.

Earlier this year, Standard Bank closed 91 branches, affecting hundreds of jobs.

Absa also announced jobs would be at risk because of its restructuring processes.

Over 40,000 finance sector employees are expected to take part in the strike.

Sasbo’s Joe Kokela said there won’t be money in many ATMs across the country on Friday.

“ATMs are mended and programmed by our members so if our members are not at work then there will be no service produced.”

Kokela also had other advice for South Africans.

“If you’re travelling make sure you have enough petrol because the speed points machines may not be working.”

He says this is all to teach the banking sector a lesson.

The South African Revenue Service says the strike may affect tax payments and refund transactions.

Refilwe Pitjeng / EWN
(Edited by Refilwe Pitjeng)

Facebook Comments

About author

Nigerians in South Africa
Nigerians in South Africa 8066 posts

We are about democracy, human rights, public opinion, political behavior, civil rights and policy aimed at improving the human condition, with a focus on African countries.

You might also like

SOUTH AFRICANS PAY TRIBUTE TO THE LATE WINNIE MANDELA

SOWETO, South Africa (Reuters) – Thousands of South Africans paid tribute on Wednesday to Winnie Madikizela-Mandela at a memorial service in Soweto, the township at the forefront of the battle

Business 0 Comments

Daily Lotto results for Monday, 2 March 2020

Are you ready for the Daily Lotto draw on Monday, 2March? It’s yet another chance to find out whether or not you’re one of South Africa’s latest Daily Lotto winners. To get breaking news first, download thesouthafrican.com’s app for iOS and Android. If you’…

Business 0 Comments

Sriracha hot chilli sauce is recalled from Coles and Woolworths supermarkets

An urgent recall of Sriracha hot sauce has been issued over fears bottles could explode when opened. The NSW Food Authority warned bottles of the popular chilli should not be opened if it was bloated and instead returned immediately. Bottles bought from Col…

0 Comments

No Comments Yet!

You can be first to comment this post!

Leave a Reply