https://www.accessbankplc.com/ https://www.accessbankplc.com/ https://www.accessbankplc.com/
  • ABOUT US
  • CONTACT US
  • Latest Naija News Today
  • Privacy Policy
  • TheGeniusMedia – Latest News, Naija News, and World News
Thursday, July 9, 2026
The Genius Media NG
  • Login
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports
No Result
View All Result
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports
No Result
View All Result
The Genius Media NG
No Result
View All Result

White Workers In South African To Commence Industrial Action Over Share Scheme Offer To Black Staffs

Tgmedia by Tgmedia
September 3, 2018
in Business
0

RelatedPosts

NDDC Harps on Building Stronger Families and Communities

Zenith Bank Backs Canada-Africa Business Conference To Deepen Trade And Investment Ties

Promasidor Nigeria Marks International Day of Families, Advocates Child Well-Being and Stronger Family Support Systems

“Sasol, a world leader in the technology that converts coal and gas to fuel, said in 2o17 that it would raise its Black ownership levels in Sasol South Africa to at least 25 per cent in a 21 billion rand (1.5 billion dollars) deal.”

Workers from South Africa’s mainly white solidarity union started a “go-slow” protest at petrochemicals firm Sasol over a share scheme offered exclusively to black staff and will launch a full strike on Thursday.

The solidarity union also said it will file a complaint to US regulators over Sasol’s “discriminative” black share scheme.

The company is a leader in technology that converts coal and gas to fuel and also operates in the US.

“We have a staggered industrial action. Today, we have a go-slow.

“Our 6,300 members will carry out their duties, but in a slow manner. We plan to ramp up to a full-blown strike on Thursday,” Dirk Hermann, Solidarity’s chief executive said.

Under Black economic empowerment rules, South African companies are required to meet quotas on Black ownership, employment and procurement as part of a drive to reverse decades of exclusion under apartheid.

Sasol, a world leader in the technology that converts coal and gas to fuel, said in 2o17 that it would raise its Black ownership levels in Sasol South Africa to at least 25 per cent in a 21 billion rand (1.5 billion dollars) deal.

Sasol which has around 26,000 employees at its local operations said it received notification from the trade union of its intent to strike on Monday and was open to engagement with the union.

“We have activated contingency measures to minimise potential disruption to our operations,” Sasol said in an emailed response.

Share this:

  • Email a link to a friend (Opens in new window) Email
  • Tweet
  • Share on Telegram (Opens in new window) Telegram
  • Share on Reddit (Opens in new window) Reddit
  • Share on Tumblr
  • More

Like this:

Like Loading…
Tags: apartheidIndustrial ActionSasolSouth AfricaWhite Workers
Previous Post

VIDEO: Fire destroys 200-year-old Brazil’s national museum

Next Post

PDP Presidential Aspirants: Party Affirms No Screening For Now

Related Posts

Zenith Bank Names Iconic UNILAG Alumni Building In Honour Of Late Prof. Ibidapo-Obe
Banking

Stakeholders Extol Jim Ovia, As Zenith Bank Names Iconic UNILAG Alumni Building In Honour Of Late Prof. Ibidapo-Obe

by Tgmedia
November 28, 2022
0

Stakeholders Extol Jim Ovia, As Zenith Bank Names Iconic UNILAG Alumni Building In Honour Of Late Prof. Ibidapo-Obe----The memory of...

Read more
Dangote Break Silence To EFCC’s Visit To Its Headquarters

JUST IN: Dangote Break Silence To EFCC’s Visit To Its Headquarters

January 7, 2024
Transcorp Hotels

JUST IN: Transcorp Hotels Plc Pushes On With outstanding Q1 Performance As PBT Rises By 624.4% And Revenue Grows By 77.4% 

May 11, 2022
Next Post

PDP Presidential Aspirants: Party Affirms No Screening For Now

ADVERTISEMENT

About Us

Thegenius Media.com.ng is an Online Nigerian NEWS HUB with good coverage and reportage of Exclusive Stories, Daily News Updates, Politics, Entertainment, Crime, Lifestyle, Relationship Tips and Sports.

RELEVANT PAGES

  • About Us
  • Privacy Policy
  • Contact Us

Alert Us

Important Press Releases, Breaking Stories, Special Investigations: thegeniusmedia1@gmail.com

Office Address

No 26 Oroleye Crescent off Abel Oreniyi Street.
Off Salvation Road, Opebi
Ikeja, Lagos

Tel:

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports

© TheGeniusMedia.com,ng

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover more from The Genius Media NG

Subscribe now to keep reading and get access to the full archive.

Continue reading

%d