The Labour Court will deliver judgment tomorrow regarding Solidarity’s application to have the Metal and Engineering Industry Bargaining Council (MEIBC) placed under administration in a bid to save the bargaining council from bankruptcy.
This is due to the ongoing financial crisis in which the bargaining council has been plunged over the past few of years, as well as the inability of parties in the council to come to an agreement on a number of issues.
According to Marius Croucamp Deputy General Secretary at Solidarity, the MEIBC’s financial position has deteriorated to such an extent recently that the bargaining council has been unable to perform its dispute resolution function for quite some time.
According to Croucamp, Solidarity requests, among other things, that an administrator should be appointed to see to it that prospects that the bargaining council could become solvent and functional again would materialise. The MEIBC management’s funds and bank accounts must also form part of the administrator’s brief.
“Urgent steps have to be taken to improve the bargaining council’s financial position to ensure its future,” Croucamp said. Approximately 340 000 employees and 10 000 companies fall under the MEIBC.
Members of the media are cordially invited to attend
Date: Tuesday 13 June 2017
Venue: Labour Court, on the corner of Juta and Melle Streets, Braamfontein, Johannesburg
Time: 10:00
Marius Croucamp
Deputy General Secretary: Solidarity
083 454 6018
EMAIL THIS ARTICLE SAVE THIS ARTICLE ARTICLE ENQUIRY
To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here