NATIONAL NEWS - The South African Revenue Service (SARS) issued a statement today, warning taxpayers to take precautions for the banking sector strike confirmed for Friday.
This comes after the South African Society of Bank Officials (Sasbo) union confirmed that the “total shutdown will continue as scheduled”.
“Taxpayers are encouraged to submit their payments and any tax transactions that may result in a payment to SARS two business days in advance,” said the statement by SARS.
Sasbo said Absa, Nedbank and Standard Bank are the financial institutions which have announced possible retrenchments and will thus be affected by the strike.
The strike has been confirmed for 27 September 2019.
Some has predicted that up to 73 000 finance sector employees will be participating and it was rumoured on social media that the strike would also affect ATM machines.
Nedbank media spokesperson Kedibone Molopyane said that Nedbank does not anticipate major disruptions to their operations during the strike, though some branches may have limited staff on the day.
