Our Department was made aware of this situation by the employees of the said company. Concurrently, the employees referred the matter to the
Congress of South African Trade Unions (COSATU) for its intervention. The Federation’s intervention led to the withdrawal of the loan offer by the said
company. The company offered to pay the employees, whilst working with them to find a sustainable approach to supporting its workforce.
As the Department, we viewed the action of the company as unfair towards the employees. We are happy that an amicable solution was found.