White workers at Sasol on Monday gave up the black share plan



Under the Black Economic Empowerment rules, South African companies have to raise quotas for black ownership, employment and purchasing.

A file photo shows the Sasol logo at the head office in Johannesburg. Image: AFP

JOHANNESBURG – The mainly white Solidarity Union in South Africa starts Monday with a strike at petrochemical firm Sasol about a share ownership scheme that is exclusively offered to black employees.

Under the black rules for economic empowerment, South African companies must meet quotas for black ownership, employment and procurement as part of an endeavor to turn decades of exclusion under apartheid.

"We plan to deploy a different part of Sasol every day through well-structured and strategic plans", the union said in a statement.

Sasol, the world leader in technology that converts coal and gas into fuel, said last year the black property rights in Sasol South Africa would increase to at least 25% in an R21 billion deal.

Solidarity, which has 6,300 members at Sasol's local operations, said it would start the strike action as a result of the company's new employee benefit scheme, with the exception of white employees, who previously called it "blatant discrimination against loyal Sasol employees".

Sasol, who has approximately 26,000 employees at his local activities, has been informed by the trade union Solidarity of his intention to cease on Monday and was open to the trade union.

"We have activated emergency measures to minimize possible disruption of our activities," Sasol said in a response by e-mail.


Source link

Leave a Reply