Sars warns Friday's banking strike may cause disruption

23rd September 2019

By: News24Wire

  

Font size: - +

The South African Revenue Service (Sars) has warned that a strike in the banking sector, planned for Friday 27 September, may cause disruption.

The Congress of South African Trade Unions-affiliated South African Society of Bank Officials (Sasbo), the biggest union in the financial sector, is calling for a moratorium on job losses in the banking sector. Apart from a strike, its members plan protest action in Johannesburg.

“We remain concerned about the high levels of unemployment (29%), the state of our economy, the current and future impact of the 4th Industrial Revolution, the direct and indirect societal implications, amongst others, we cannot afford for even one job to be lost,” Sasbo said in a statement about the planned strike to its members.

“As a member of Sasbo, and through Sasbo’s affiliation, a member of Cosatu, your participation in this protest action is legally protected. This means that you cannot be disciplined for participating in this legally protected protest action,” it told its members.

In a statement, Sars warned that the “anticipated protest action” may impact tax payment and refund transactions. Sars said that the banks have informed it of a possible strike.

It encouraged taxpayers to submit their payments two business days in advance because of the planned strike.

Edited by News24Wire

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION