Banks taking necessary precautions ahead of Friday's strike

The Banking Association of South Africa says banks are taking the necessary precautions ahead of banking union Sasbo's strike on Friday.

Workers affiliated with the union will go on strike in Gauteng, the Free State, the Eastern Cape and KwaZulu-Natal.

They are calling for a moratorium from banks on job losses.

Banking Association of South Africa managing director Cas Coovadia says various banks are taking numerous actions to make sure their staff are protected and that services are not disrupted.

Banks are taking all necessary precautions. The public is being informed that wherever possible they should use electronic means to do their banking that day, where they do need to use bank branches and ATM's. They will ensure that there is sufficient security.

Cas Coovadia, Managing director - Banking Association of South Africa

Having said that, we would appeal that customers bear with us. We will do everything we can to address the situation.

Cas Coovadia, Managing director - Banking Association of South Africa

The banking sector is a fairly well-geared sector both technologically and professionally and we will put all those resources to bear to try to keep disruptions to a minimum.

Cas Coovadia, Managing director - Banking Association of South Africa

Click on the link below to hear more....

Sasbo general secretary Joe Kokela says nearly 45,000 members are expected to stay away from work.

He says banks should have been better prepared for the digitisation of banking to avoid job losses.

We believe the banks themselves do not understand what the future world of work entails. They are just reactive.

Joe Kokela, General Secretary - Sasbo

Click on the link below to hear more from Kokela....


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