FILE PHOTO: Electricity pylons are seen near cooling towers of South African petrochemical company Sasol’s synthetic fuel plant in Secunda, north of Johannesburg, South Africa, May 20, 2018. REUTERS/Siphiwe Sibeko
September 2, 2018
JOHANNESBURG (Reuters) – South Africa’s mainly white Solidarity union will begin a strike on Monday at petrochemicals firm Sasol <SOLJ.J> over a share ownership scheme offered exclusively for black staff.
“We intend to switch off a different section of Sasol each day by means of well-laid and strategic plans,” the union said in a statement.
Under black economic empowerment rules, South African companies are required to meet quotas on black ownership, employment and procurement as part of a drive to reverse decades of exclusion under apartheid.
(Reporting by Tanisha Heiberg; Editing by Alison Williams)