07 May 2015
The South African Clothing and
Textile Workers Union welcomed a decision by the Competition Tribunal regarding
a matter last year concerning a large merger.
The merger if it happened
would mean employees would lose their jobs involved Beier Safety Footwear,
Bagshaw Safety Footwear and SKN Corporation.
SACTWU General Secretary Andre
Kriel said the judgment is a victory for mature industrial relations and for
decent jobs and employment policies in the country.
Kriel added that the trade
union together with employers and the footwear industry came to an agreement to
save jobs while a large merger was taking place in the footwear industry.
“When this merger went to the
Competition Commission it watered down this agreement and the impact was that
there would be less jobs saved.” Kriel said.
He concluded by saying that the
result of the Tribunal’s decision is to overturn the commission’s
interpretation and jobs in the footwear sector.
Labels: SACTWU welcomes merger judgment