Sasol’s white employees threaten strike action because of divisive BEE share scheme

Sasol’s white employees threaten strike action because of divisive BEE share scheme

- Solidarity is set to hold meetings with its members employed by energy giant Sasol in order to finalise plans to implement possible strike action

- This comes after Sasol announced its new share scheme would not make provisions for white employees and was designed to promote economic transformation

- Sasol has pressed ahead with the scheme despite an earlier CCMA ruling which gave permission to Solidarity to embark on strike action because of race-based exclusions

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Solidarity will hold meetings with its member’s employed by energy giant Sasol in order to finalise plans around a proposed strike because they are being excluded from a controversial BEE share scheme.

Sasol announced in December that its current BEE share scheme called Inzalo would be replaced by a new scheme called Khanyisa and would not make any provisions for the company’s white employees.

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Solidarity sought and subsequently gained permission from the CCMA to embark on strike action to oppose the new Khanyisa scheme due to race-based exclusion. Sasol has, however, stood its ground and said it would not change the scheme.

Briefly.co.za gathered that Sasol CEO Stephen Cornell said the company was willing to meet with Solidarity to discuss its concerns but would not repeal Khanyisa. Cornell said the new scheme was designed to promote economic transformation.

Solidarity said the Khanyisa scheme would serve to deepen racial tensions within Sasol and had the potential to spill over into the national consciousness which has suffered repeated racial flashpoints in recent months.

Citizen.co.za reported that Solidarity said the new scheme was in effect barring white employees at Sasol from exercising their Constitutional rights and implied that the company did not view white employees as being worth their salt.

The trade union said its members would not sit back and be taken advantage of and the strike action was designed to prove to Sasol’s management that those affected would stand their ground and fight for their constitutional rights.

The Khanyisa scheme is designed to place a quarter of Sasol shares in the hands of black employees and at its unveiling was touted to be worth around R21 billion.

Sasol has experienced tumultuous times of late with members of the previous share scheme being unable to claim any money from the scheme.

Sasol said it was unable to serve pay-outs to Inzalo members because of low international oil prices which in turn meant the company’s share price took a hit.

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Source: Briefly.co.za

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