The B-BBEE Financial Sector code has been gazette. R12billion has been lost in Steinhoff scandal. No sufficient union representation in the pension funds boards. Believing that: No harsh penalties for Steinhoff leaders. No interest and proper education for our people towards pension funds. There is resistance for transformation in the financial sector. No black or state-owned bank in South Africa. The Reserve Bank mandate must be changed. Resolving that: We must demand representation in all funds where we organize. The Reserve Bank Mandate must be reviewed. We call for a fully flashed licensed commercialization of Post Bank Push for recovery measures or security for the loss of pension funds from scams. Transformation : NUM Noting That: Mining companies through chamber of mines are vehemently resisting transformation characterised by a sustained corporate and class offensive of the Mining Transformation Charters including the current process of the Mining Charter No3. Further Noting , The delays towards the promulgation of the construction charter and lack of appetite towards the Energy charter which leaves this sectors untransformed which is inconsistent with the current trajectory of Radical Socio Economic Transformation Therefore Resolve That:
The B-BBEE Financial Sector code has been gazette. R12billion has been lost in Steinhoff scandal. No sufficient union representation in the pension funds boards. Believing that: No harsh penalties for Steinhoff leaders. No interest and proper education for our people towards pension funds. There is resistance for transformation in the financial sector. No black or state-owned bank in South Africa. The Reserve Bank mandate must be changed. Resolving that: We must demand representation in all funds where we organize. The Reserve Bank Mandate must be reviewed. We call for a fully flashed licensed commercialization of Post Bank Push for recovery measures or security for the loss of pension funds from scams. Transformation : NUM Noting That: Mining companies through chamber of mines are vehemently resisting transformation characterised by a sustained corporate and class offensive of the Mining Transformation Charters including the current process of the Mining Charter No3. Further Noting , The delays towards the promulgation of the construction charter and lack of appetite towards the Energy charter which leaves this sectors untransformed which is inconsistent with the current trajectory of Radical Socio Economic Transformation Therefore Resolve That:
Book-4-Composite-Resolutions-from-Unions-towards-the-COSATU-13th-National-Congress-Part-One.docx