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PetroSA pressured to provide information on potential job losses By Paul Burkhardt (Bloomberg) – A South African labour union asked mediators to force the state oil company PetroSA to provide more information on proposals that may result in 40% of its employees losing their jobs. The National Union of Metalworkers of South Africa made submissions to the Commission for Conciliation, Mediation and Arbitration “on the absolute refusal by PetroSA management to divulge crucial information,” it said in a statement Wednesday. The company served notices to fire at least 500 of its 1,200 employees, according to the union. A PetroSA spokesman didn’t immediately respond to an email requesting comment.

South africaMossel bayWestern capeSouth africanPaul burkhardtCommission for conciliationCentral energy fundNational union of metalworkers south africaNational unionOil companiesState owned entitiesBusiness newsமேற்கு கேப்பால் பர்கார்ட்தரகு க்கு சமரசம்மைய ஆற்றல் நிதி