Post office workers strike
Sapo, unions strike deal to end wage strike
After two weeks of intense negotiations an agreement has finally reached last night.
Sapo’s CEO says the last major strike in 2014 resulted in a 30 percent revenue loss for the Post Office.
Workers are demanding permanent contracts, an equal work equal pay policy and a salary increase.
Workers are demanding a salary increase of 10% while the employer has not made any counter offer.
Post Office workers claim they have not received a salary increase in the last two years.
Post Office CEO says if it doesn't urgently pay creditors, all services will come to a standstill.
The SA Post Office is expected to record a loss of more than R1 billion in the 2015/16 financial year.
It's emerged Post Office employees were paid their salaries in two tranches due to cash constraints.
MPs will discuss the Post Office’s financial woes, leadership instability & the non-payment of salaries.
Members will march to the offices of the Public Protector, treasury and the Gauteng Premier.
Union members will stage a protest march against the Sapo, demanding accountability.
The union says it has written to the Post Office to pay up the full amount to avoid early protests.
Mlu Mathonsi stepped down today in a move the Post Office says was an amicable separation.
The state-owned entity today briefed Parliament on the implementation of a turnaround strategy.
The entity is also looking to raise R1.2 billion to support the implementation of a turnaround plan.
Sapo owes about R245 million to more than 2,000 creditors.
Post Office representatives say the money forms part of its strategic plan to deal with the ongoing crisis.
The Communication Workers Union claims Sapo is wasting money on consultants.
Sapo says it will continue discussions with unions to find a lasting solution to the labour unrest.