The official organ of Sasbo, The Finance Union, est. 1916 www.sasbo.org.za

Vol 39 No 2 April 2017

page 2 AI challenging new world for all Front Row (left to right): Ziyad Sader (Shop Steward: Welkom, SJC member and Chairperson of the Shop Stewards Institutional Council), Ruth Ntite (Ubank Senior Manager Organisational Development), Myan Soobramoney (Sasbo National Secretary), Digitalisation is about to Shuli Chikane (Ubank GM Human Resources and Transformation). Back Row: Bernard Mphatswa (Ubank Remuneration Specialist), Tebogo Malepe (Shop Steward: Sunninghill and SJC member), Mpho Dladla (Ubank Analyst), Tshegofatso radically change the way the Letwaba (Shop Steward: Sunninghill and SJC member) and Bheki Sibiya (Ubank Employee Relations Consultant) world works. Hats off to Sasbo and UBank for their fair-minded pay deal pages he 2017 salary negotiations ously, its employees - who have been jobs in jeopardy - required a diffi- 3-4 between Sasbo and UBank: Both making a major contribution to their cult balancing act,” reports Sasbo News from the banks Tsides came to the negotiations bank’s recovery - have been battling: national secretary, Myan Soobramon- with a difficult set of circumstances. • Above average increases in food, ey, who led the union’s negotiating Although its financial position has im- fuel, electricity and energy prices. effort. “The fact that we achieved a proved since last year, increased reg- • Higher than the ordinary more-than-reasonable overall cost Sasbo made positive ulatory requirements, contractions in inflationary increases to their to the bank of 8.74% under those changes at Absa, FNB and the mining sector, subdued economic medical aid contributions. circumstances speaks for itself. This conditions, increased competition outcome was realized after consul- Standard Bank. and no satisfactory outcome to its “Under these circumstances, achiev- tation with the Union’s elected shop recapitalisation programme have kept ing a settlement that was fair to both stewards and through a mature and UBank in difficult territory. Simultane- sides - and one that did not place Continued on page 4

page 6 Message from our GS t is heartening to have the vital who are mostly members of Sasbo. Bankmed wants to 2017/8 Standard Bank, Nedbank and keep you healthy IAbsa salary negotiations satisfacto- Their mandates to Sasbo steered the rily concluded so early in the year. They course of events. Their approval of the have set the pace for FNB who, I am outcomes was equally important to both sure, will rise to the challenge. And they the union and their banks. And their have cleared the way for unimpeded anger was something that neither side union/management dialogue on the wanted to stir. many other important issues that need to be addressed in 2017’s fast-flowing This last factor is a key one for all of us to and potentially hazardous employment remember in the challenging times ahead. environment. It is not the union in isolation that wins page My congratulations go to the bargaining ground at negotiations. 9 teams on both sides of the table. They Joe Kokela, Sasbo general secretary. had to negotiate in challenging economic Our strength is the employees who own Hijacking - know the and structural circumstances. Their suc- their union; who reinforce it through risks cesses were the result of experience, mu- their unity of purpose and numbers; our own sakes let’s work at making our tual trust and their shared commitment who tell their union and their employers union even stronger and more represen- to protect the best long-term interests of what they expect of them; and who are tative of all levels of employment. the banks and their employees. prepared to fight attempts to disadvan- tage and short-change them. Viva Sasbo unity. Viva. My congratulations also go to the hidden but pivotal component at salary negoti- Let us never forget these factors. As we See “We’re back where it all began” on ations: the employees of the three banks, prepare to face threats of automation, for page 2. S

Celebrating 100 Years of Sasbo The Finance Union 1 The official organ of Sasbo, The Finance Union, est. 1916 Vol 39 No 2 April 2017 www.sasbo.org.za Editorial AI ushering in a challenging new world for all

re you, a finance industry at the bigger picture; at ways of finance workers have? For the more or slowing the new wave of employee, worrying about sharing our influence and efforts; of fortunate, it is their trade union, Sasbo. technological development. To Ahow Artificial Intelligence (AI) working together to bring about the survive the changes, finance is going to affect your career? best possible transition to the new Changes are happening too rapidly companies and their employees must age in which we are going to have to for individual workers to keep adapt to the new situation. Join the queue. So is your immediate function. pace. They need the support and boss, so is the company you work for bargaining power that a strong Manual and semi-skilled jobs are and so is your trade union. Banks worldwide are already under and well-informed trade union can being automated as we watch. If the pressure to digitalise operations. As provide. government fails to urgently up-grade The truth is that AI and its junior some profit from digitalisation, others educational standards our country’s partner, digitalisation, are about to will follow. The immediate and ongoing needs vast reservoir of unemployed and radically change the way that the are for training and upskilling. These under-employed people are to world lives and works. The only As employees who have dedicated needs are particularly apposite to the have little chance of find a place sure knowledge that we have at this our careers to our companies, we South African situation where - unlike in the emerging Fourth Industrial stage is that the process is going to must encourage them to move with Europe or the USA - there are few Revolution. produce change on a massive scale: the times. Their failure to do so outside skills that can be purchased at opportunities for some, reduced would make them less efficient and short notice. Skills growth must come Finance industry employers need to prospects and lost jobs for others. competitive and would put our jobs mainly from within. as urgently take their employers into and futures at risk. their confidence on their future plans There is a right way for the SA finance If the employers are slow in arming and to begin the training required to industry to tackle the changes - and a However, we must also let our their employees in this regard they equip their employees for the new wrong way. The aims of this editorial employers know - as we are now will hear from Sasbo. era. are to guide employers towards the doing - that attempts to make changes right way and to alert members to the unilaterally or unfairly, or to use them For their part, our members need to If they are slow to react in this regard challenges confronting them. to disadvantage their employees, will work flat out to gain the skills in ways they will have Sasbo to account to. be met with the strongest possible that will equip them to cope with the Finance companies, Sasbo, and its opposition. changes to come. For those who do We employees need to make our own members, the finance workers, should there will be great opportunities. efforts to be up to the IT challenges not regard one another as adversaries. In times of crisis, pilots have that await us. Put bluntly: ‘We are We are in this together. We need one parachutes to protect them, mariners To summarise: going to sea - let’s learn to swim.’ S another. We all need to be looking have life jackets. What supports do There is no way of stopping

Sasbo Head Office Fourmall Office Park West, We’re back to where it all began Sasbo House, Roos Road, Sound familiar? Fourways. Private Bag X84, ow many members can workers recognised back in 1832: Bryanston, 2021. recall the events that gave That is exactly the situation we 21st birth to trade unionism? century employees face in what is Alone we are powerless. Tel: (011) 467 0192. H being labelled The Fourth Industrial United we have the influence to Fax: (011) 467 0188. Worker organisation began back in Revolution. avert many of the negative factors of 1832 when alarmed rural workers technological advancement. Sasbo News found themselves losing their jobs We cannot stop progress. But we Fax (011) 234 1501. to the machinery of the industrial can stand together to minimise its There is another important reason e–mail [email protected]. revolution. negative effects on our jobs and why we finance workers need Sasbo. The Sasbo News contact careers. number is specifically for Realising that they were powerless Galloping alongside the Fourth matters regarding the to fight these changes as Those close to Sasbo are aware of the Industrial Revolution is another newspaper (changes of address individuals, they banded together significant contribution their union is revolution - the Knowledge and non–receipt of newspapers to form cohesive - and ultimately already making to help its members Revolution. It is not possible for influential - employee voices. ease the pain of automation, on the employees immersed in their jobs should be advised to Sasbo one hand, and to become sufficiently and family-raising to keep abreast Head­quarters). The opposition to their efforts was well-informed to surf the wave to of the fast-moving events and to violent and merciless. But those their advantage on the other. interpret them. But their union can - brave workers stuck to their guns and does - on their behalf. and eventually commanded unified The key point for us all to realise voices that had to be heeded. is the one that those agricultural Continued on page 3

2 The official organ of Sasbo, The Finance Union, est. 1916 Vol 39 No 2 April 2017 www.sasbo.org.za

prescribed in the policy to get to their Standard Bank Sensitive Standard new place of work in the bank. Severance packages more than dou- Bank restructuring ble as described in Labour Law. “Recently in an exercise that affects opens new doors staff in PBB South Africa, the bank agreed to additional improvements s a result of continuous that Sasbo have been able to negoti- that will be applicable to this exercise efforts by banks to become ate with the bank in the past, include only. There is now a re-employment Acustomer-centric, it is no the following: period of 12 months which means surprise that restructuring is a com- that the bank will keep the affected mon occurrence. Most employees Longer redeployment periods, where staff members’ details for a period of fear the word as it might mean job justified, to increase the possibility 12 months and if suitable positions losses and retrenchments. of obtaining a position elsewhere in become available during that time, the bank. they will contact those employees to “The decision to restructure any apply for these vacant positions. business area, which might lead to Voluntary retrenchment is an option Eugene Ebersohn, Sasbo assistant employees becoming redundant, that is made available to affected staff “Furthermore, retrenched staff have general secretary. always lies with the employer. How- members, and once the request is the option to extend preferential ever, Sasbo must be consulted and accepted by the bank, staff members rates for home loans, vehicle and the union will, in principle, never are able to leave the bank’s service asset finance, transactional banking ed employees who wish to totally agree or condone any restructuring immediately or on an agreed date, and unsecured lending products for change their careers to attend outside that might cost members their jobs,” and receive severance pay as well as six months, after leaving the bank. courses in new fields. The bank has a explains Eugene Ebersohn, assistant payment in lieu of the balance of the This in itself is a huge benefit and list of vendors that offer such courses general secretary for the Standard continued consultation and rede- comes at a huge cost to the bank,” and they will pay for applicants up Bank portfolio. ployment period. Eugene explains. to R20 000 for 2-3 month courses.

“Over the years Sasbo and Stan- Relocation costs are paid by the Entrepreneurial training will be “Sasbo salutes these improvements. dard Bank have agreed on certain bank in instances where affected made available to affected staff mem- They are the mark of an organisation principles that mitigate the adverse staff members are redeployed to bers who are on redeployment and that is committed to boosting the effect of such initiatives on affected alternative jobs that require them to who are interested in starting their South African economy by keeping members. relocate. own businesses. This training will its unemployment numbers intact. be offered in all the major centres, We are hopeful that these latest im- “Our objective is always to make The introduction of a Travel Cost should there be sufficient interest. provements will become a permanent the changes as painless as possible. Assistance policy to assist staff who agreement for all future restructuring Therefore some of the improvements have to incur additional expenses “There is even a chance for affect- exercises,” says Eugene. S

here are scores of reasons why non-bargaining unit members Why Absa employees outside the Tshould belong to Sasbo,” says Adv Philip Landman, the Assistant General Secretary responsible for Bargaining Unit need to belong to Sasbo the Absa portfolio. “In this article, for Absa employees in particular, I focus the intervention of the Union. Sasbo Prior to employers starting with successful in restricting restructuring on the two main reasons. has in recent times been inundated a restructuring process and the dismissals, but it must be noted that with requests to represent the AVP retrenchment of employees, they are Sasbo consults in general with the First reason: and VP levels in so far as annual committed by law to first speak to bank on restructuring issues. As all Absa employees are probably salary negotiations are concerned and the union. In Absa, the employer is aware, annual salary increase it is in the light hereof that all AVP not obliged to speak or consult with Sasbo may not handle an individual’s negotiations are undertaken by and VP level employees are urged to anyone else – no other organisation; case if the individual is not a member Sasbo on behalf of all the BA 1 to BA join the union. no other union; just Sasbo, as Sasbo is of the union. If you are not a member 4 employees (the Bargaining Unit). the only union that has a recognition you might benefit by default from the The majority of Absa employees Second reason: agreement with the bank. union’s consultations. But if you have fall within the Bargaining Unit, but At the moment in all sectors all a particular issue or case or something there is a large group of employees over the world, automation and This is the case whether affected goes wrong, you need to be a member that are on AVP and VP level and digitisation are threatening jobs. members are inside or outside the of Sasbo to be represented by Sasbo. these employees’ salary increases These processes are the biggest bargaining unit. are dependent on the exercise of a threats to employees’ jobs and many Join Sasbo so that we can tackle your discretion by management without employees are rightfully scared. Sasbo has thus far been very problems together. S

We’re back to where it all began Be alert with online banking Continued from page 2 How serious is digitalisation? Be careful of people phoning you and claiming to be from many sectors. This poses policy a reputable institution such as Microsoft or any bank. Bank After his most recent seminar questions at all levels and there with high-placed experts on the needs to be more urgency in the staff will never ask for your PIN during a telephone call. subject, Philip Jennings, the general policy response.” Remember the bank will not direct you to a site where secretary of UNI Global Union, said: “We have to face the reality. The Just as Sasbo has countered many you need to enter your PIN or banking details. To be research that has been undertaken job-threatening changes in the past, sure always type in the URL in your browser (even by Oxford University, the World it will conquer this one provided Economic Forum, the OECD and sufficient finance workers continue from your phone). others all points to a bleak future to strengthen it. S of employment which cuts across (From Absa’s Internet banking site.)

3 The official organ of Sasbo, The Finance Union, est. 1916 Vol 39 No 2 April 2017 www.sasbo.org.za

Sasbo making a positive Policy changes for difference at FNB the better ecent discussions and FNB Absa • Upon call-out the individual may negotiations with FNB have claim a call-out allowance: Ryielded positive results. The n recent weeks Sasbo has man- • R200 (Monday – Sunday) per call-out Sasbo SJC (negotiating team) has aged to negotiate some significant signed off on three agreements Ibenefits for its Absa members. Call-out allowances are only payable which will have a positive impact Philip Landman, the assistant general for call-out requests received outside on employees going forward. secretary responsible for the portfo- the normal office hours of Monday – lio, provides the details: Friday 08h00 – 16h30. If a technician Maternity Leave, Adoption Leave receives the request during office hours and Commissioned Surrogate Birth New Standby Allowance and he can be reasonably expected to Leave These changes are specifically for the attend to this during these hours, no Card Payment Technicians. In the allowance or overtime may be claimed. The one-year service requirement past there were separate policies for These amounts are more than any of to qualify for paid maternity leave, these employees that differed from the regions paid previously. adoption leave and commissioned region to region. It was necessary to surrogate birth leave has been standardise the agreement and Sasbo Funeral Policy discontinued effective 1 March 2017. felt that it also needed some improve- The amount of the benefit and the cost Employees will be entitled to paid ment. of Absa’s staff Funeral Policy have not leave immediately upon joining Vanessa Hattingh, Sasbo assistant been reviewed since about five years the Bank provided all terms and general secretary. In future stand-by allowance will be ago. After negotiations with Sasbo it conditions of the policy are met. payable as follows: was decided to increase the benefit “We have long held that this is not • R150 on weekends and public with effect from 1 April 2017 to ensure Family Responsibility Leave correct and the process should be holidays that the benefit is sufficient to meet the The four-month service requirement corrective rather than punitive,” • R100 per day during weekdays objectives of the scheme. S has been discontinued effective 1 says Vanessa Hattingh, assitant March 2017. Employees may avail general secretary for the FNB Life assured Cover level themselves of family responsibility portfolio. leave immediately upon joining Current level Increased level the Bank provided the terms and The clause from the Disciplinary Main Member R18,000 R25,000 conditions of the policy are met. Code relating to poor quality of Spouse/Partner R18,000 R25,000 work or failing to maintain output Child 14 – 21 R18,000 R25,000 Poor Performance Policy levels will be removed and going In circumstances of identified poor forward a new policy, which ensures Child 6 – 13 R12,000 R15,000 performance, the Bank previously the support and assistance as Child 0 – 5 R6,000 R7,500 dealt with the matter punitively in envisioned in the Labour Relations Stillborn R3,000 R3,750 that the process was dealt with as Act will be used in matters relating misconduct in the Disciplinary Code. to poor performance. S Monthly Premium R7.70 R10 Additional monthly R2.30 premium Additional annual R27.60 Hats off to Sasbo and UBank forpremium their fair-minded pay deal

Continued from page 1 Salary Increment & Distribution Temporary employees, agency Monthly Medical Aid Subsidy All permanent staff employed before 1 workers and external contractors It was agreed that the Medical Aid progressive approach taken by the December of the financial year will qual- are not eligible to be considered for Subsidy will be increased by R100 per UBank negotiating team - all of ify for the full annual salary increase on an annual increase. month from R900 to a total monthly which was ultimately to the benefit of condition that they meet the minimum • Employees joining on or after 1 amount of R1 000-00 (11,1%). The rules our members.” performance level of an “F” or “NYF2”: December of the financial year for regarding access of this benefit remain • An employee who obtains a which annual increases are payable unchanged. The other members of Sasbo’s nego- performance level of below “F” will not qualify unless they are tiating team were: Cdes Ziyad Sader or “NYF2” will not be considered below the minimum salary agreed Unity is strength! (Shop Steward Welkom and chairper- for the annual salary increase with Sasbo, in which case their son of Sasbo Shop Stewards Insti- unless he/she is earning below salary will be increased in line Viva Sasbo Viva! S tutional Council), Tebogo Malepe the minimum salary agreed with with the agreed minimum salary. (Shop Steward Sunninghill Services) Sasbo, in which case his/her salary • If an employee terminates employment and Tshegofatso Letwaba (Shop will be increased in line with the with Ubank he/she will not be eligible Steward Sunninghill Services). agreed minimum salary. • for an annual salary increase. It was agreed that the minimum salary Revised Percentage It was agreed that employees in the Guaranteed Salary Increase for the Non Clerical and Clerical Job Minimum CTC Increase Bargaining Unit will receive performance Percentage Functions in UBank will increase as based salary increases as follows: Final follows, with effect from 01 March Performance Appraisal Rating 2017: Current Minimum CTC E 8.00% Non Clerical R73 830-00 R78 260-00 6% F+ 7.75% Clerical R92 020-00 R97 541-00 6% F / NYF2 7.50% NYF1 / NYF- 0% We will match or beat your current premiums* Contact, firstEquity**at [email protected] or 0860 744 447 for a quote. *T&C'S will apply ** firstEquity is a regsitered fsp 4 The official organ of Sasbo, The Finance Union, est. 1916 Vol 39 No 2 April 2017 www.sasbo.org.za

Time for FNB and Wesbank members to speak up on salaries

he first round of the 2017 salary tributions are crucial to the final out- 2017 Salary Questionnaire negotiations with First National come of salary negotiations. Therefore TBank is scheduled to start at please complete the questionnaire and (Individual responses will be the beginning of June. “As our FNB return it to us by 26 May 2017 by fax- confidential) S members’ attitudes and contribu- ing it to 011 467 0188 or 086 682 7022. tions will be vital to the success of the talks, it is imperative that mem- First Name Mr Mrs Miss bers inform their negotiators of their pay expectations well ahead of the Surname talks,” says Sasbo assistant general secretary, Vanessa Hattingh, who will Employee no lead the union’s negotiating team. Job Title: Grade Vanessa provides the following guidelines: E-mail address

The most recent CPI (inflation) figure Sasbo membership no was 6.6%. Institution Recent salary increase settlements with three other major banks have Branch/Division been in the region of 8%. Although this does not necessarily determine Department the exact level at which your negoti- ating team will settle, it will no doubt Telephone Code No be used as a barometer. Fax no Code No These and various other relevant fac- tors affecting members’ income will Having considered all the circumstances, I believe that an increase of ______% would be a realistic minimum increase also be considered by the negotiating for acceptable performance. team as a basis for their talks with the bank at this year’s negotiations. I am prepared to participate in a strike (no work, no pay, no discipline) should my employer’s final offer on increase to salary bill be below______% Vanessa’s message to FNB members is: “Your thoughtful and realistic con- NB: This is not a strike ballot. The information is required only to assist your negotiation team. Double standard at Standard Bank defeated were to receive back-pay because all Standard Bank service contracts and working hours must be agreed with Sasbo. Any devia- tandard Bank Fleet Manage- tion from this could not be accepted so ment had a history of two it was our opinion that all staff qualified Sdifferent service contracts for for overtime back-pay and for the entire employees in the same work func- period, not just from 1 January 2016 until tion, more particularly with regard to the agreement was reached,” says Eu- working hours and overtime pay. gene Ebersohn, Sasbo’s assistant general • The one group of employees had secretary responsible for the Standard a contract that stipulated that they Bank portfolio. “Eventually an accept- work from Monday to Friday. able proposal was reached between • The other contract simply stated that Sasbo and the bank and we took this working hours will be discussed with back to our members to accept.” the employee by his/her manager. In the end the bank settled on back- The bank realised this problem when pay for both groups from 1 January they wanted to engage Sasbo on a 2014. The service contracts have now permanent solution to their Saturday been standardised so that staff can work requirements. The bank then be nominated to work on certain Sat- wanted to pay backdated overtime urdays based on a roster and receive only to one group of staff and only for overtime for such work. a period commencing 1 January 2016. However, in exchange for this back- “Sasbo’s intervention made a huge pay, the employees had to agree to difference to the deal,” says Eugene. work certain Saturdays without being “The back-pay amount is a mas- able to refuse, but with overtime pay. sive improvement to what the bank originally offered, and the overtime Stay a member Sasbo did not agree with the proposal is now one that we feel com- bank’s proposal. fortable with. Once again, Sasbo made Mr N Mia of Nedbank Athlone won R500 in December for being a member who “We were unhappy that not all staff a positive difference!” S joined Sasbo and is still a member after three months. Congratulations. S

5 The official organ of Sasbo, The Finance Union, est. 1916 Vol 39 No 2 April 2017 www.sasbo.org.za

Your mental wellbeing matters to Bankmed

our mental wellbeing is just This assessment will provide you as important to your health as with a good idea of your state of mind Ystaying physically healthy, but (your levels of positive or negative because the negative psychological emotions) too. symptoms aren’t as obvious, they’re more difficult to spot. If you’ve been Social Support Assessment feeling more anxious, depressed or Studies show that social support is one lethargic than usual, it may be time of the best defences against the negative to check stressors in your life and to effects of stress. This assessment will find out how to manage them. help you understand the strength and sources of any social support you We can help you manage your have, to help you manage your stress. mental health Manage your mental wellbeing Stressor Assessment effectively with our help, by completing Sustained stress can be incredibly quick and easy assessments on your harmful to your overall wellbeing. psychological wellbeing, stress triggers and social support. You’ll receive valuable This assessment will help you identify health advice, as well as an onward and understand stressors (challenges referral to your Employee Wellness or situations that place a physical or Programme or GP if you are at risk. mental demand on you) as well as your reactions to them. At the end There are three online assessments of the assessment, you will receive available on www.bankmed.co.za: personalised results which will provide you with insights into what you are Psychological Wellbeing able to do in order to cope better. Assessment Psychological wellbeing is not just the Log onto www.bankmed.co.za and absence of mental illness. It is a general click on ‘COVER AND SAVINGS’ >> state of health associated with low ‘MY WORLD’ >> ‘Mental Wellbeing levels of negative emotions (depression Assessments’ to complete your Mental and anxiety), and high levels of positive Wellbeing Assessments for 2017. S emotions (happiness and humour).

Chronic Illness Benefit for certain Flu vaccination at your conditions, we encourage you to pharmacy or GP have a flu vaccination to avoid A GP or a nurse at a pharmacy can complications which may result administer the vaccine. You may from the flu. not have to pay a consultation fee if you receive your flu vaccination Conditions that make you from a pharmacy. Ask your more susceptible to flu and its pharmacist. complications include: Don’t hide away – get • Asthma If you visit a GP, we pay their • Bronchiectasis fee from your available Medical • Bronchiectasis Savings Account funds, if your the flu shot today • Cardiomyopathy Plan type has a Medical Savings • Chronic obstructive pulmonary Account. If you are on the flu shot is the best defence between 10 days and two weeks to disease (COPD) Traditional Plan, the consultation this year! At best, catching develop antibodies to protect you • Chronic renal disease fee is subject to your out-of-hospital A the flu is an unpleasant against this year’s strain of seasonal • Coronary artery disease GP/Specialist sublimit. Please inconvenience. Symptoms such flu. Therefore, it’s best to get your • Diabetes (types 1 and 2) consult your Benefit & Contribution as fever, body aches, headaches vaccination as soon as the vaccine • HIV. Schedule to see whether your and sinus problems result in the becomes available. Look out for consultation will be covered. need for bed rest as there is no posters in your nearest pharmacy. We pay for your flu vaccine from cure for the virus. However, it is the Wellness and Preventative Don’t hesitate, vaccinate! S also possible to develop serious Are you at risk of developing Care Benefit complications from flu such as complications? The flu vaccine is your best defence pneumonia. Everyone should have a flu against seasonal flu. We believe in vaccination every year, however the the importance of flu vaccinations, You can reduce your risk of vaccination is especially important therefore we do not use your day-to- catching the flu drastically by if you are at risk of developing day benefits to pay for it. Bankmed getting a flu shot. Once you have complications from flu. If you are 60 pays for one seasonal flu vaccine for had the vaccine, your body takes years or older, or registered on the each member on your Plan each year.

6 The official organ of Sasbo, The Finance Union, est. 1916 Vol 39 No 2 April 2017 www.sasbo.org.za

Examples of the interesting landscape on the way to the top of Kilimanjaro.

Ben Venter, deputy general secretary, with his team on top of Africa’s highest mountain.

On top of Africa asbo deputy general secretary, dry grass that looks almost like beards. a break for lunch and rest, and then “To stand on top of Kilimanjaro is Ben Venter, enjoys extreme Going higher you walk on what looks start walking again at 23:00 so that you breathtaking. It feels as if you have Ssports and adventures. Here he like slate – here is no proof of any other can reach the summit at 7:00 the next accomplished something. The view shares with us his latest adventure, living thing. After the slate, comes the morning. Then it is another five hours is so worthwhile and it is a real a five-day climb to the summit of snow. You enter the white world of going down to the camp before you can adrenaline rush. Kilimanjaro is 5895 Mount Kilimanjaro, Africa’s highest permanent glaciers and it becomes rest. You walk for two days straight. m above sea level and is highest point, with his partner, Adri. really cold. peak in Africa as well as the highest “You have to be fit to tackle something freestanding mountain in the world. “The journey to the summit was “There are different routes you can like this, but you don’t need any fascinating. It takes you through choose to mount the peak. We took a special mountaineering techniques. “Do I want to do something like different landscapes. You start off in a route that lasts five days and gives you The secret is to walk slowly so that that again? Sure, I would love to do rain forest with high trees and strange a chance to adapt to the altitude. The your body can adjust to the thinner air Everest, but only to the base camp animals that we didn’t know. Then you first three days were smooth sailing, but and lesser oxygen. Going down you which is already at 5 600 m. That is a go through vegetation that can almost the last two days really were tough. can go as fast as your body would let 14-day route and should be another be compared to our Cape fynbos – there you. People’s body react different to awesome adventure. We will see what is even a Kilimanjaro protea. Next you “On the second last day you start the altitude and some struggle more the future holds.” S enter a moon landscape with rocks and walking at 8:00 in the morning, take than others.

7 The official organ of Sasbo, The Finance Union, est. 1916 Vol 39 No 2 April 2017 www.sasbo.org.za

from under the husband’s/wife’s your pre-retirement lifestyle plan, Retirement feet. Having been allocated establish how your plan needs to chores, there is no longer any change so that you can resume getting What to do when the situation, realises the following: fun in evading them. Also there the most out of your current life ‘honeymoon’ is over • They have successfully severed is little fun in following up or options, or how those options need all ties with their previous chasing their spouse to do what to be changed to meet your current By Andrew Blaine, co-author of The Next ‘working’ life. they feel is important. It has all desires. Examination of your plan will: Step: Planning the road through Retirement They have taken their ‘transfer’ become too much of an effort. Allow you to re-assess your with Barry Smith. • • holiday and are now settled in • The garage/kitchen/sewing original plan and identify their retirement, both physically room has been re-sorted and weak and strong points that it In the opening pages of our book, The and mentally. The have also undertaking a further re-sort contains. Next Step: Planning the road through taken their adjustment holiday. creates a nervous tic. • Permit you to make changes to Retirement, I commented on steps that In fact, they are now done with • They do more than their duty the original plan, in keeping we take through life and how these the hustle and bustle of holidays where the grandchildren are with your current physical, compare with the human contribution for the foreseeable future. concerned and love the little mental and emotional position. to creating a child. While I hope my • They have a steady but reduced people dearly. • Encourage you to continue explanation gave rise to a few chuckles, income, so there is no driving • The future has started to measuring your progress. I do believe the similarities exist and imperative to earn further money resemble the ‘same old, same should be seriously compared. Within to relieve financial stress. Unless old’ and they feel it could well Modifying your daily programme as each of these steps are smaller steps, inflation becomes a matter of become that on to oblivion. you age is natural. Those things that which influence us while we complete concern, they can afford to live are important seem to be changed each one. comfortably. If this applies to, or is relevant in, your over time. You find that, for example, • They live an active life and even life it would be true to say that ‘the the importance of always being Retirement, as a step in life, also contains volunteer to train the U10 rugby honeymoon is over.’ immaculately attired gives way to sub-steps, and the subject of this post is team at the grandson’s school, becoming more comfortably so. simply one of them. Please consider the or as a helper in the local food This time, when you realise that the Similarly, the early morning jog, which following, hypothetical situation: kitchen and they play their part honeymoon is over, is very important. we used to squeeze between waking by attending church, the club and How you address this situation can and work, has turned into a walk with Fred (Freda) sits in his/her verandah other meetings from time to time. have a large effect on how you will live the dog, during which we interact with chair and, after considering their life • They have been banned/escaped your life in retirement. Even though others on the road to remain up to date you have, hopefully, already made a with local news. retirement and have already put that Financial Institutions Pensioners plan into action with success, the way The important step, at this stage of BPS in which you address this new position retirement, is to evaluate the retirement Society (BPS) will determine how successful and fun- plan and compare it with reality. Ask Benefits filled the rest of your life will be. yourself the following questions: Bankmed: Dedicated pensioner option on the toll free helpline • How does my lifestyle suit my 0800 22605633 to assist with claims and queries. I suggest that, at this time, you dig needs and desires? Also dedicated pensioner tab on www.bankmed.co.za out the plan you have already made • What must I change and how for your retirement and examine how will that change reflect in the Funeral cover: Competitive premium available from AVBOB up to the it matches the reality of your current rest of my life? age of 84 years. Call 011 442 0030 (BPS Office) or 021 912 8000 situation. If it does and you remain How will a revised plan affect or 082 453 5789, fax 0866 162 281 (Kobus Bruwer of Be Wise). • happy and fulfilled in your personal my financial position? What Benevolent fund: Apply via your BPS branch to the National Council for situation, then all you need to do is steps must I take to protect my financial assistance, only in deserving and exceptional cases. continue with your life and maximise wealth, particularly my capital? Insurance: Pensure from firstEquity especially for BPS members. your personal reward from it. • What new opportunities have Includes AA Road Assist. Call 011 510 1300. arisen and what, if anything, do Heart2Care: Caring is what we do and love. For all you health needs and On the other hand, there is likely to be I want to do about them? How care in the comfort of your home, contact us at 011 675 2716 or 082 920 at least some of you who still miss your would taking advantage of them 2538 or visit www.heart2care.co.za old job and the way in which it fulfilled affect my current lifestyle and your needs, especially those realised would this be acceptable? BPS Enrollment and Information update form from companionship, a common PO Box 1871, Saxonwold, 2132 • 159 Jan Smuts Avenue, Parkwood, 2193 purpose and reason to exist. For those Finally, always remember that: Tel: 011 442 0030 • Fax: 011 442 0034 or 011 447 3498 people, I suggest the following: • It is better to have a glass half E–mail: [email protected] • If you have some special other full, than one that is half empty. Please enroll me as a member of the BPS and debit my need and can discuss the matter • The power of laughter is there to with your spouse, do so once rescue and repair your essence. Account no. at (bank) you have completed the other • Satisfaction and happiness is Branch name: steps detailed in this list. normally found outside yourself Branch code no. annually with the amount of R60,00*. • Acknowledge that the situation so follow them there – outside Full names: exists. yourself. • Accept that your life has ID number: changed and try to pinpoint the If you are one of those who have not Address: aspects of your old life that you yet made the effort to plan the life you Postal code: really miss. want to live in retirement, I suggest Rank them in importance to you. you purchase a copy of our book and Home tel: Fax: • • Think of ways in which you can start with that exercise first. The book is email: Cell: duplicate these feelings in your titled The Next Step: Planning the road Date: Signature: current situation. through Retirement by Andrew Blaine and Barry Smith and is available from Enrolled by: Membership no. It is at this stage – when the honeymoon the authors at either andrew@the-next- * This amount may be adjusted annually www.bps-fips.co.za in your retirement is really over - that step.co.za or [email protected]. you need to examine your retirement You will have great fun, I assure you. S A free copy of SASBO News will be posted to each BPS member every month plan and, by comparing reality with

Retiring Sasbo members - for your additional personal insurance benefits upon retirement BPS Benefits Contact, firstEquity at [email protected] or 0860 744 447

8 The official organ of Sasbo, The Finance Union, est. 1916 Vol 39 No 2 April 2017 www.sasbo.org.za

Hijacking – know the risks Another informative article an outside light is on or have brought to you by SasboSure. someone meet you at the gate such as you armed response company. n February 2017 vehicle-tracking company Ctrack released its hijack- If you have to open the gate your- Iing and crime statistics, detailing self: which passenger vehicles, SUVs, trucks • Make sure there is no one and vehicle manufacturers are being suspicious around and that the targeted by criminals in South Africa. road is clear. • Stop right in front of the gate. and move away quickly. The report is based on data and ana- • Do not switch off the vehicle. • Reach for your purse or valuables; lytics collected by Ctrack from January • Leave the key in the ignition. leave everything in the vehicle and through December 2016. According to • Get out and close the door. move away quickly. the report the most hijacked passenger • Only then open the gate. • Make eye contact with the hijacker vehicle in South Africa is Volkswa- • Drive in and close the gate – they may perceive this as a threat gen Polo. As a result, Volkswagen, immediately behind you. and retaliate. followed by Toyota and Ford, were • Ensure your driveway is well lit • If you have small children with the most targeted manufacturers in the and free from shrubbery. you, take the key with you – this is Do: country. The Toyota’s Fortuner was • Be aware of unknown pedestrians the only exception – you need the • Remain calm at all times. the most hijacked SUB, making Toyota close to your residential address. key as a negotiating tool. • Keep your hands still and visible to the SUV manufacturer most targeted • Liaise with you neighbours – know • If your children are older, it is the hijacker. by criminals in South Africa followed them. advised that they exit the vehicle • Exactly as you are told by the by Land Rover and Nissan. • Be aware of vehicles parked close with you when opening the gate. hijacker. to your address with unknown • Gather as much information as Tips to avoid being hijacked: occupants inside. The do’s and don’ts if you find possible without posing a threat: • 2 km from you house – be extra alert. • Be alert if your animals do not greet yourself in a hijacking situation: - How many people? • Stop your vehicle just inside your gate you at the gate as usual. Do not: - How many firearms and while you wait for the gate to close. • Phone home to ensure your • Lose your temper, threaten or description thereof? • Check your driveway and street driveway is safe and to open and challenge the hijacker - Clothing? before you leave or enter your close the gate for you. • Resist, especially if the hijacker has - Direction they drove off? premises. • If returning home after dark, ensure a weapon. Surrender your vehicle - Language they spoke? S Passenger Vehicles Stolen/Hijacked Sport Utility Vehicles Stolen/Hijacked

Audi BMW 2% BMW 18% 0,1% Daihatsu 5% Chevrolet Ford 7% Citroen 1% Jeep Datsun 3% Land Rover 5% Ford 1% 1% Mahindra Honda Nissan Hyundai Porche 7% 10% 55% Kia 35% Renault Mercedes Benz Toyota Nissan 6% VW 5% Opel Renault 6% 2% Tata 2% 2% 1% 0,1% Toyota 9% 5% Volvo 0,1% 4% 3% VW 2%

Volkswagen was the most Toyota was the most popular popular make make Polo was the most popular Fortuner was the most popular model model

SASBOsure - Clients enjoy free AA road and home emergency assistance Contact firstEquity at [email protected] or 0860 744 447 for a quote.

9 The official organ of Sasbo, The Finance Union, est. 1916 Vol 39 No 2 April 2017 www.sasbo.org.za Labour Logic Incapacity, incompatibility and negligence

In Visser and Amalgamated Roofing required performance standard. (iii) the availability of any suitable embarrassment, certain conduct can Technologies t/a Barloworld (2006) 27 alternative work. be regarded as being eccentric within ILJ 1567 (CCMA), the Commissioner Item 10 is rather onerous and it gives us the limits of tolerable conduct. In other rightfully summarised the workplace the procedural test for incapacity based John Grogan in Dismissals (2002) at 195 words, eccentricity, like misconduct as follows: on ill health or injury. has the following to say: generally, has to be sufficiently serious to “A modern world workplace is not a heavenly • It can be temporary or permanent. Before incapacity is distinguished warrant dismissal. garden of smiling buddhas focused on the • If temporary, the employer should from misconduct by the fact that, in welfare of others. More often than not it investigate the extent of the the former case, the employee is not to In s 43 proceedings the court was not presents the contrary picture of a highly incapacity or the injury. blame for failing to attain the employer’s inclined to condemn the applicant stressful and robust environment in which • If the employee is likely to be absent performance standards; the employees employee simply because he happened the pressures and demands to perform [are] for a time that is unreasonably long, concerned have simply proved incapable to be an oddball or a maverick, whose (sic) placed on staff and, even more so, the employer should investigate all the of doing so for reasons beyond their odd behaviour, such as carrying three members of management…” possible alternatives short of dismissal. control. Incapacity is manifested by dozen pens in his pocket or wearing a What must be taken into account conduct which is neither intentional nor floppy cricket hat, was no more than a Besides misconduct and operational when considering alternatives? (This negligent in the legal sense.... Dismissals mild form of exhibitionism. The court requirements, incapacity can also be a is not a limited list) for incapacity can, in turn, be divided into accordingly found that his dismissal valid ground for dismissal. Incapacity - the nature of the job, two classes. Into the first class fall those was not justified and ordered his is described in Schedule 8 of the Code - the period of absence, dismissals effected because the employee reinstatement. (Refer to Joslin v Olivetti of Good Practice: Dismissals and is - the seriousness of the illness or lacks the skill, knowledge or efficiency Systems & Networks Africa (Pty) Ltd based on two legs, namely poor work injury; and to meet the employer’s standards. These (1993) 14 ILJ 227 (IC)) performance and ill health or injury. - the possibility of securing a dismissals are classified as dismissals for They both attract their own test that temporary replacement for the ill poor work performance. Into the second Negligence an employer must comply with. These or injured employee. class of incapacity dismissals fall those in Negligence is associated with fault on tests/guidelines are divided into • If permanent incapacity, the which employees are unable to do their the part of the reasonable employee. substantive and procedural grounds. employer should ascertain the work because of illness or injury ... In “Reasonable employee” is an employee possibility of securing alternative summary then, incapacity in its broadest who has the required skills, knowledge We will only focus on employees employment, or adapting the sense exists when employees are unable and qualifications to do the job. Here are after probation. duties or work circumstances of to perform their work to a standard set some examples: Item 8(2) states that an employee may the employee to accommodate the by the employer, whether such incapacity 1. the employee omits to do the job not be dismissed for unsatisfactory employee’s disability. arises from lack of skill or from physical but he foresees that his inaction will performance unless the employer • During the investigation the or mental after ability. cause damage or loss to the employer has given the employee appropriate employee should be allowed the op- yet he continues doing it or fails to evaluation, instruction, training, portunity to state a case in response Incapacity in most instances is remedy it guidance or counselling and and to be assisted by a trade union quantifiable; however, there is another 2. the employee commits an offence reasonable time to improve. If the representative or fellow employee. form of poor performance that cannot but he foresees that his action will employee continues to perform • There is also the relevance of the be easily measured – it is known as cause damage or loss to the employer unsatisfactorily, the employer must degree and the cause of incapacity. If incompatibility. yet he continues doing it or fails to invoke a process. Before considering the cause is, for example, alcoholism remedy it dismissing the employee, the or drug abuse, counselling and Incompatibility 3. the employee is irresponsible and employer should investigate the rehabilitation may be appropriate Also known as “unsuitability” finds careless reason why the employee’s work steps for an employer to consider. its way in the work environment 4. the employee is reckless and his is not on parr. The employer must where employees may have clashing actions may result in a pecuniary loss also look at other ways short of This item also focuses on employees personalities that result in bad office to the employer or cause reputational dismissal to remedy the performance. who are injured at work or who are relationships or they may experience damage to the organisation During this process, the employee incapacitated by work-related illness. problems in adapting to the corporate 5. the employee delivers shoddy work should have the right to be heard The courts have indicated that the duty culture. This is often treated as poor that may have serious operational and to be assisted by a trade union on the employer to accommodate the performance. One must be careful ramifications (this often borders on representative or a fellow employee. incapacity of the employee is more not to label all strange behaviour as poor performance) burdensome in these circumstances. incompatibility. Poor performance and 6. the employee deliberately ignores Item 9 explains the substantive test for incompatibility on the part of a manager the procedures and policies of the incapacity. It reads as follows: The substantive test for ill health or may constitute good grounds for his or employer which may cause a loss to Any person determining whether a injury is as follows: her dismissal. On the other hand, the odd the employer (the significance of the dismissal for poor work performance is or eccentric behaviour of an employee, loss will often determine whether it is unfair should consider – Any person determining whether a even if he or she happens to be a manager negligence or gross negligence) (a) whether or not the employee failed to dismissal arising from ill health or injury or a senior executive, cannot per se give meet a performance standard; and is unfair should consider - rise to a ground for dismissal. Mild or Grogan Workplace Law (2015) at (b) if the employee did not meet a (a) whether or not the employee is harmless eccentricity should of course 262 states that: “A single negligent required performance standard capable of performing the work; and be distinguished from extreme forms act seldom warrants dismissal at first whether or not - (b) if the employee is not capable - of unacceptable behaviour. Dismissal instance, unless of a kind so gross as (i) the employee was aware, or (i) the extent to which the employee may be appropriate only where the to amount to recklessness. Normally, could reasonably be expected to is able to perform the work; employee’s eccentric behaviour is of such therefore, negligence and poor work have been aware, of the required (ii) the extent to which the a nature that it causes consternation and performance should be treated with performance standard; employee’s work circumstances disruption in the work-place and then warnings. But there is one possible (ii) the employee was given a fair might be adapted to only after he or she has been properly exception – senior managerial opportunity to meet the required accommodate disability, or, counselled or warned. Although a employees whose work is so important performance standard; and where this is not possible, the manager should not indulge in whimsical that a single lapse could have or has (iii) dismissal was an appropriate extent to which the employee’s conduct which may impair the dignity had disastrous consequences for the sanction for not meeting the duties might be adapted; and of his or her office or cause the employer employer…” S If you have a problem, write to Labour Logic at Private Bag X84, Bryanston, 2021, or send a fax to (011) 467 0188 10 The official organ of Sasbo, The Finance Union, est. 1916 Vol 39 No 2 April 2017 www.sasbo.org.za Letters Global Labour Briefs Human rights to the fore at future Olympics The move by the International Olympic Committee (IOC) to incorporate human More rights principles in its Host City Contract has been welcomed by the International appreciation for Trade Union Confederation. “This is an important step by the IOC for the future,” said ITUC general secretary, Sasbo support Sharan Burrow. “Implementing the UN Guiding Principles across all major global sporting events could help break the cycle of human rights abuses, and this exam- I would like to start by saying thanks to I want to thank Sasbo for successfully ple from the IOC should be applied to all such events, starting now.” Sasbo as a whole for your assistance with representing me in my case and winning regards to handling my case. Lorraine it. I would not have been here working if The 2024 Olympics will be hosted by either Paris or Los Angeles, following Langa represented me. She did an excep- it was not for Sasbo and most significant- Budapest’s withdrawal. The IOC will announce the winning bid at a vote in Lima, tional job representing and supporting me ly Ben Botha who represented me. Peru, in September 2017, and there has been speculation that the other city will be throughout the process. Thank you so much for the awarded the 2028 Games at the same time. Because of her knowledge, experience, outstanding job. dedication, commitment and the fact that Aggrey – Absa Boost for banking ethics she loves and enjoys what she does, she On 8 February 2017, the Italian UNI Finance affiliated trade unions FABI, FIRST managed to get me my job back. I wish to thank to Annerie at Sasbo. I CISL, FISAC CGIL, UILCA, and UNISIN reached an agreement with the Italian From the bottom of my heart again I have been a member of Sasbo for almost Banking Association (ABI) on sales policies and work organisation. The agreement would like to say thank you, thank you … 30 years and Sasbo has always only marks an important step in promoting the development of responsible and sustain- been good to me. Numerous times I had able sales policies, in alignment with professional ethics, respect for the dignity of Please make sure you give Mrs Langa a to press on Sasbo’s button to help me human resources and for the central role of customer needs. big fat bonus this year: she deserves it! and Sasbo did help me a lot. Annerie did There are no words to express my grati- excellent work on my case. The assis- The signing of this agreement is a successful achievement in light of the UNI tude and explain how grateful I am to be tance from Sasbo is much appreciated Finance campaign ‘Sales vs Advice’ launched in 2010. The agreement aims to a Sasbo member. I don’t regret being a and helped me a lot. I need to tell Sasbo promote concrete behaviours consistent with the above-mentioned principles, also member of Sasbo and I will highly recom- that you are doing a great lifesaver job via appropriate and specific activities on training and awareness raising, with the mend to all my friends and family in the for us at FNB Zeerust. explicit goal of aligning any deviances to these values. The main elements of the financial sector to become Sasbo members. Daleen – FNB national sectorial agreement are: Keep up the good work that you and your team do on a daily basis. I would like to thank my representative, In defining sales policies, the banks will have to stick to general principles of investor Titus – Nedbank Ben Botha, for fighting for me. If it was protection, of transparency and clarity, which are compatible with and based on medi- not for him I don’t think I would have um and long term strategies as well as work organisation which is consistent with the Ben Botha is a man of many skills when won the case. Dishonesty is a very serious principles of sustainability and respect for the persons mentioned in the Agreement. it comes to representation and is talented accusation but thanks to Sasbo and Ben in his field with a passion for people and my name was cleared. Any corporate communication on sales policy must be based on respect of the their jobs. He has represented me on two Mbali – Absa law, void of misleading messages or harassment of bank workers, and must be in occasions and thanks to his knowledge compliance with the rules on work performance. This is also to impede, at various and passion I am still employed. He is a I would like to thank Solly for the excel- levels, improper conduct and undue pressure damaging to the dignity and profes- dedicated person and lives Sasbo’s values. lent job he has done by representing me in sionalism of the workers, and to avoid abuse, as well as excessive and unnecessary I recommend fellow employees to join the a professional way. He is one of the best duplication of commercial inquiries and assigned projects. union, as you never know what the future representatives I have ever met during my holds and when you would require help. career at Absa. Thank you for represent- The agreement foresees that any failure to achieve commercial quantitative targets Ben is a master at his job. Thank you, Ben ing my case. The charges were difficult to can neither provide the basis for a negative assessment of the work of an employee Botha, for your assistance and guidance. I prove but he has done extremely well by nor constitute grounds for disciplinary action. am grateful for your assistance, guidance going through the evidence and taking and representation. Best wishes and may enough time to do a thorough job. He In order to ensure the decentralised application and enforceability of the agreement, all you grow within your career. deserves a promotion! ABI affiliated companies will organise meetings to define company-specific agree- Brandon – Nedbank Continue doing and providing excellent ments on issues arising from this agreement or if there is an existing one, to assess any work. adjustments that might be necessary. Furthermore, at the company level where no Nomsa – Absa S such agreements exist, commissions or bilateral monitoring bodies will be established to examine the reports/complaints from workers via their company unions. All banks Solution to should have arrangements to inform the unions at company/group level on the adopt- ed measures related to the subject of reported issues, in particular those aim Sudoku Austerity’s effects on European workers revealed The findings in the Benchmarking Working Europe 2017 Report, published by the European Trade Union Institute (ETUI) and European Trade Union Confederation (ETUC) has revealed that Europe’s workers are still not feeling economic recovery: wages are lower now than they were eight years ago in seven EU member states (Greece, Croatia, Hungary, Portugal, Cyprus, UK and Italy).

The report analyses latest trends and outcomes of European policies in the areas of macro-economics, wages and collective bargaining, labour markets and, last but not least, social dialogue and workers’ participation.

It also shows that in 18 EU countries wages have grown much slower over the seven years after the crisis than in the eight years before that.

Only in 3 countries – Germany, Poland and Bulgaria - have real wage increases over 2009-16 outstripped increases in 2001-08.

SASBOsure – Clients enjoy R1000 Excess shield for the sasbo member, 7 days free car hire Contact firstEquity at [email protected] or 0860 744 447 for a quote.

11 The official organ of Sasbo, The Finance Union, est. 1916 Vol 39 No 2 April 2017 www.sasbo.org.za Current Add-On Benefits

Please note that these benefits are only available to paid–up Sasbo members.

Sasbo Benevolent Fund Sasbo Legal Line The Sasbo Benevolent Fund, which draws its resources from This is the union’s popular free 24–hours–a–day, union funds and member donations, renders financial assis- 365–days–a–year legal advice through europ assistance tance to members who are suffering extreme financial hardship. service to members. Sasbo callers receive professional guidance and save Funeral Cover millions of rands in legal costs. Call 0860 111 000 Your Funeral benefit (included in union membership) Since 1 January 2005 all paying members of Sasbo under Sasbo News 63 years old are covered in the event of death. The cover Members are kept up–to–date about Sasbo personalities increased to R10 000 in January 2008. and activities through its own newspaper, Sasbo News. An additional R10 000 will be paid out in the case of Sasbo News keeps them abreast of developments in the unnatural death in the line of duty. This means a potential local and international finance industry, international total cover of R20 000 per member. socio–economic trends and developments in the labour movement. Claims should be directed to your nearest Old Mutual Servicing branch or contact the Old Mutual Call Centre on 086 060 7000 for assistance. Please relay this information Sasbo Study Grants to your family members. Each year the union offers study grants (on a rand–for–rand basis) to members or their children under- Old Mutual Educational Trust going second year tertiary education or beyond. scholarships Sasbo has been admitted to the Old Mutual educational Sasbo Holiday & Travel trust that promotes tertiary education by providing scholar- Sasbo members now have two options to enjoy affordable ships for worthy causes. The scholarship provides funding and discounted holidays. to study on a full time, part time or on a distance basis, for For Southern African & European Destinations a first time undergraduate degree or diploma (including The Sasbo Holiday Fair with Chakela Hotels’ KashBack BTech) at an accredited Higher Education Institution. option caters for Southern African and European destina- You may apply only if you are: tions. Contact Chakela Central Reservations: 021 425 1171 •A member or staff member of one of the participating or [email protected]; or visit www.chakelahotels.com. trade unions. •A child of a member or staff member, and are under For Mauritius, Spain and Canary Islands the age of 25. Toucan Travel Promotions – offers travel and accommodation •A grandchild or other child blood relation of the mem- packages to Mauritius, Spain and Canary Islands. For info ber or staff member, and are under the age of 25, and contact Lauren at Sasbo Head office 011 467 0192, are solely financially dependent on the member. [email protected] or visit www.toucantravel.co.za. Old Mutual Group Schemes SasboSure Personal Insurance During their 20–year association with Old Mutual, Sasbo mem- - We will match or beat your current premiums* bers have invested in the wide range of financial plans (invest- SasboSure: Car, Home and Contents Insurance ment, education, capital accumulation and funeral plans) made For over 30 years firstEquity* has offered SasboSure as an exciting insurance offering designed exclusively for Sasbo available to members at competitive rates. Their collective members. SasboSure has always had the following principles stake in Old Mutual qualified the 11 000 members with Old at its core: Competitive costs, exclusive benefits and unmatched Mutual investments for shares worth an estimated R40 million service levels through a dedicated relationship manger. when the company privatised its operation in 1999. Old Mutual A few of free SasboSure exclusive benefits include: continues to offer an expanding range of investment opportu- • free AA road and Home emergency assistance, nities which members would be wise to investigate. • free 7 day car hire, • an excess Shield and Sasbo Smalls • a unique Retrenchment Benefit. This ‘shop window’ in Sasbo News enables members to SasboSure promises to match or beat your current advertise – free of charge for a prescribed period and at a premium or quote, *t&c will apply. for a quote contact us modest cost thereafter – their goods, services, properties on: [email protected] or 011 510 1300 of sale or rent and other items. *firstEquity Risk Management Services (Pty) Ltd is a registered fsp.

12 The official organ of Sasbo, The Finance Union, est. 1916 Vol 39 No 2 April 2017 www.sasbo.org.za

For the Record Keep Sasbo updated All Sasbo members need to keep their If your answer to any of the above ques- When greed replaces need, We certainly will be poorer contact details updated to ensure that tions is ‘no,’ then you need to complete someone is going to become with those purchases if we they receive all communication. the form below and email or fax it to richer. More often than not, buy them before we can Sasbo on [email protected] or 011 467 the profits will go to the afford them. Ask yourself these questions: 0188 as soon as possible. seller and not to the buyer. Those who have the patience Do you receive Sasbo News regularly? If you retire you can no longer be a Sasbo Determining the difference to save to pay cash for the member but you can become a member between needs and wants is things they want end up Do you receive emails from Sasbo? of the Bank Pensioners’ Society (BPS). See an important step towards richer and more serene than page 8 for their contact details. our future financial security. those who don’t, as do the Do you receive SMSs with news up- It is a step that requires creative do-it-yourself folk dates? If you make yourself a part of the self-discipline. And it is a and prudent buyers who are communication chain, you will never step made more difficult prepared to shop around for Does your branch/department receive again have to wonder what your union by a propaganda machine the best prices, or who make fax messages from Sasbo? is doing for you! dedicated to playing on our intelligent use of second-hand emotions to make us feel that buying opportunities. Name: we have to have things that we don’t really need … and Fundamentally, we have Sasbo membership no: that if we can’t wait to buy three choices – splash out the things we want, we can to sadness and suffering; Managerial/General staff: have them now for double save for serenity; fashion a the price by buying them on sensible middle way. Bank and department/branch: credit. Postal address: Do we really have to have a bigger house, a new car, Email address: better furniture, new and bigger electronic gadgets, Cellphone number: that expensive holiday? Will we really be poorer in pocket Telephone number: and in spirit without them? Or are we just telling ourselves Fax number: that? Coffee Break Sudoku Fill in all the squares in the grid so that each row, column and each of the 3 x 3 squares contains all 7 4 the digits from 1 to 9. 1 9 4 6 Solution to Sudoku is on page 11 3 5 9 1 3 7 4 8 6 6 2 3 5 6 9 8 9 1

SASBOsure - Clients enjoy free AA road and home emergency assistance Contact firstEquity at [email protected] or 0860 744 447 for a quote.

13 The official organ of Sasbo, The Finance Union, est. 1916 Vol 39 No 2 April 2017 www.sasbo.org.za

SMALLS Your contact person for Sasbo Smalls is Stephne Anders. She can be contacted during working hours at 011 467 0192. HOLIDAY ACCOMMODATION TO LET AND walvisse en dolfyne uit die bad, stapafstand van die R250 000: two bedroom, one bathroom house for & sleeps 6. The levy for 2015 is already paid. Sale more information. The house is ideal for pensioners FOR SALE/TIMESHARE ACCOMMODATION see, toesluit motorhuis, kontak Joey 041 933 2466 sale in Hlanganani Village, Springs close to N17 toll includes 4164 points that can be used any time at or holiday makers. http://www.anbroproperties. TO LET of 083 257 7222. road. Phase two houses sold for R276 500. School any RCI venue subject to availability. Price R4 000. co.za/showpropertySA332ZZ00005935.cp” Knysna Chakas Rock (Ballito) and clinic are planned for the development. Ideal Contact [email protected]. FOR SALE first home or investment property to rent. Contact House for sale Southbroom Self-Catering, fully equipped two bedroomed house. Self catering holiday accommodation, magnificent Jazz l/p’s wanted – must be in good condition. Spectacular view of Heads and lagoon. Reasonable sea views, air con & ceiling fans, pool in complex, Melanie 011 734 4750. Southbroom retired bank manager selling lovely Flat for Sale Contact Kenneth 082 418 2179. rates. Visit moms-placeknysna.blogspot.com for 5min walk from the famous Thompson Tidal pool home and garden, 4 bedrooms, 3.5 bathrooms and Stand for sale at Bathurst, Port Alfred R70k neg, more details. Contact Anita 083 456 4663 or and beach, 7min drive to all shopping centres, Pretoria between Schoeman & Hamilton street, one separate flat, best street close to beach and golf 289 sqm oner is Joburg based, municipal valuation [email protected]. 4 sleeper from R650 per unit pn and 2 sleeper bedroom, sitting room, kitchen & bathroom on the course. Contact 083 566 1262. R155k, contact [email protected] or Cape Town/Milnerton Ridge from R450 per unit pn contact 032 525 7698 or 1st floor, only working class allowed on premises. Melkbaai 073 298 3879 082 482 5740 Contact James 086 507 9230 or james.zulu@ Fully equipped, self-catering holiday apartment in Gemeubileerde 2 slaapkamer grondvloerwoonstel Flexi club points for sale, price negotiable. Market secure complex. Sleeps 2, parking bay and pool. House to Rent Alberton, Mayberry Park standardbank.co.za. met toesluitgarage en DStv op kusweg regoor Melk- Te Koop value per point R11.50, points for sale 6504. Please Near Century city and Blouberg Area, 20 min away 2 bedroom, lounge, dining room, 1bathroom with baai, slaap 5, minimum tydperk 3 aande. Skakel contact Faeza ; 0834629313. from Cape Town central and Waterfront. R500 per shower, separate toilet, single garage in complex R5 Erf te koop, Hartenbosheuwels, Mosselbaai, 1 049 Rassie 084 461 4139 of 021 853 8707. 1 x 3 draw office desk, measurement 163cm x night, minimum 4 nights Call Dave 0834147638 000. Contact Estelle 078 386 6835. vierkante meter, uitsig onbelemmerbaar. Kontak Melkbaai 80cm, metal frame and wood grain work top, still or 0215584780 Holiday in Knysna Magda 083 946 1474. Gemeubileerde 2 slaapkamer grondvloerwoonstel in good condition R800, please call Val on 071 565 North Coast Self-catering, luxury flatlet for couple. Stunning Noordwyk met toesluitgarage en DStv op kusweg regoor Melk- 2655. www.northcoastholiday.co.za. Contact Eileen hulin- views, 5 min walk from town, private lock-up 3 bed home on very large plot for sale in Noordwyk, baai, slaap 5, minimum tydperk 3 aande, skakel GENERAL familytrust@ absamail.co.za or 082 497 2664. garage, full DStv. R480 per night/unit incl l & w. Midrand JHB, R820 000 neg. Contact Indhra for Rassie 084 461 4139 of 021 853 8707. East London Contact Irene 084 503 9409 or shough@vodamail. details 021 685 0257 or 082 695 7460. Tulbagh Birth Chart Interpreter: You will be amazed at what you will discover about yourself, partner and your Niki-Nana Backpackers – dorms, doubles and co.za. Mtunzini KZN North Coast Visit scenic Tulbagh (125 km from Cape Town) Wanted children. Read how you could develop in both your camping available – up-market, exclusive. Contact 2 bedroom, fully equipped park home, open plan and stay at Alfa Apartments, clean, spacious well personal and professional life as every aspect of Lee on 043 722 8509 or 071 263 0904. Visit our Looking for 1 bed or bachelors flat or garden flat kitchen/dining/lounge with sleeper couch, plus equipped apartments with secure undercover your character is analysed in detail. Focusing on life site: www.nikinana.co.za or e-mail us: info@ around Sandton Area to rent. Contact Carol Fearick second separate lounge, swimming pool and games parking, twin, double or king-size beds. S/C or B/B, path, identity, emotions and mentality + 12 addi- nikinana.co.za. 083 417 1530. room on site, five minutes’ drive to Umlalazi Nature R550 for 2 sleeper unit and R850 pn for 4 sleeper tional character traits. R150 per birth chart. To order Knysna Kruger Park – Home from Home reserve with fishing, boating and unspoilt beaches. unit. See info www.tulbaghinfo.co.za or contact reply mail with your name, surname, place and time Fully equipped self-catering unit, sleeps two (double Stay in private house in your own en suite bedroom. Contact Sharon 082 062 0519. Mandy at [email protected] or 023 230 of birth to [email protected]. bed) full bathroom, (shower and bath), TV and We are 5 min drive from Kruger National Park, with Special for Sasbo members 2977 or 072 270 6651. Maid 4 U: For a reliable, screened and trained off- street parking, own patio with braai facilities or without breakfast, very reasonable rates, suitable Stunning 2 B/room/4 sleeper self-catering apartment Timeshare domestic worker, maid, nanny or helper, call Maid and magnificent views of lagoon and mountains, for 2 people sharing. Contact 013 793 8371 or 071 including secure parking on Durban’s Golden Mile. Timeshare for sale at Formosa Bay Resort Pletten- 4U 073 011 5462 or visit our website on www. R350 per day out of season, R400 per day in season, 144 4187 – Christopher. R580 pn (normal R680 pn off-peak/R780 pn w/end/ berg Bay to own week 46 (flexi white season). 2 maid4u.co.za. Contact 044 384 0562 or 083 269 1751 Banana Beach peak excl school holidays). Like FB page ‘Holz- bedrooms & sleeps 6. The levy for 2015 is already Robert Mkuba 072 865 5284, professional and just4u’ for pics/info. Call Soni 083 544 8313. paid. Sale includes 4164 points that can be used any Durban North Fully equipped self-catering flat, 2 bedrooms, reliable gardener currently working for Sasbo in time at any RCI venue subject to availability. Price Comfortable, fully furnished one bedroom flatlet/ lounge, fully fitted kitchen, bathroom, and shower, House to Let- Verulam Johannesburg Regional Office is looking for a job. R4 000. Contact [email protected]. granny cottage to let. 6 Months’ lease (1st May or fully furnished, 300m from beach, undercover 3 bedroom fully furnished house to let for R4 600 Any opportunity in the Gauteng Region will be 1st June) private garden/ braai area, parking. Rent parking, remote gate, sleeps 5, laundry, gym, games excl L/W close to MtView High School, R102, King B& B Westville Durban welcome. For reference contact Venessa Botha 011 R6 000, suitable for young couple. Contact Priscilla room, TV and DStv. R700 out of season, and R900 Shaka Airport, Gateway, Umhlanga – Gumtree Ad Large accommodation with full DSTV, air con 442 0030/1. work 031 575 8051 or home 031 564 4283 or email in season per day. Photos on request. Phone Piet Id 439781109. Contact Soni 083 544 8313. and private entrance, on-suite bathroom, parking Vacancies available in Dubai for Retail Sales Asso- [email protected]. 082 893 5421. House for Sale Pretoria West secured on property, approx. 12km from the beach, ciate – Fashion. Requirements: Female, 1-2 years Durban North Jeffrey’s Bay Holiday Accommodation 3 bedroom, close to mall and schools, contact contact Mrs Van Rooyen on 031 262 3553 or e-mail of experience in sales, between 23 and 29 years old. [email protected] Provide excellent customer service at all times and Spacious One bedroom flat let/granny cottage. Com- Situated on the beach of Jeffrey’s Bay, Eurentia is Colleen 072 588 8143 assist customers throughout their time in the store. fortable, fully equipped self catering with private ideal for holidaymakers looking for sun, sea, sand Stand for sale Drakensbur Jefferey’s Bay Will be responsible for customer service and ensuring garden braai area, and parking. Sleeps 6, colour TV. and to experience the famous Jeffrey’s Bay waves. Stand for sale Drakensburg foothill area, Village Fully equipped 2 bedroomed townhouse. Close to display is as per company set standards. Maximize The price is R600-00 per day out of season and in Walking distance to the main beach and central Geluksburg, area 1391m². Borehole has been sunk, shops and beach. Sleeps 4. http://www.7villarosa. retail sales of the store through the implementation season R700-00 per day. Phone Priscilla 083 403 town. Units sleep from 2 – 6 people. Contact Thea pump to be fitted, Eskom electricity in present co.za. of efficient selling techniques. Should have excellent 7437 or home 031 564 4283 or 031 575 8001 or 0794936114 owners name, can be transferred to new owner, Stand Lydenburg communication skills. Have to be well-groomed with e-mail [email protected] Sumiz Vacations approx. 30km to Ladysmith, Natal and approx. Vacant stand in Lydenburg (Mpumalanga) 866sq.m 25km to Bergville, Natal, approx. 20km to Durban a good personality. Salary: AED 4000. This is a great Uvongo: South Coast You work so hard you need a break. The experience corner stand in new security area on Sabie Road, N3 highway, contact Angelo Stanier 082 457 3964 opportunity with excellent benefits. Kindly forward 4 and 6 sleeper beach front flats to let at very is worth it. For holiday + mini breaks specials in SA hour’s drive from Kruger National Park and R135 000 neg. a copy of your CV with a recent passport size photo competitive rates. Within walking distance to main contact Somayya 084 245 8761 or 082 222 5222 or and a full length photo to [email protected] or fax opposite new shopping centre, plans was approved Kaysers Beach beach, fully fitted units including, TV, microwave, [email protected]. for a double storey house. Owner transferred to 086 240 3140. For more information contact Zara dishwasher etc. Secure complex with braai and B&B price R300 000. Call Lorraine 082 493 5811 or Kaysers Beach (20 min from East London Airport). +27 71 815 5730 Global Career Solutions. laundry facilities. Tel Johan at 082 492 6677. 4 Bedrooms; 3 bathrooms; heated swimming pool; New fully furnished secure B&B self-catering flat, 011 418 5022. Cooking Demos – The Ray Marcie Lifestyle Club braai area; sea view. R1 795 000 (neg).Contact D Gordons Bay – House of Pearls Hayfields Pietermaritzburg, for conferences, Argus, meets every second Sat of the month. The Club Huis te Koop – Redelinghuys Hume 043 781 8406 Cell: 083 330 8301. Free standing upmarket 3 bedroomed house, large Comrades etc. Contact Chanel 084 625 2853 features a Mediterranean cooking demonstration by 5 slaapkamers, 3 badkamers, garage, putwater, 1486 Flexi Timeshare point for Sale renowned chef Marcie G. & a variety of demos & private enclosed garden, stunning mountain view, (photos on request). m2. R700 000neg. Kontak Loretta 073 589 8513. 800 m to beach, shops and restaurants, bathroom Amanzimtoti Book anywhere national and international lectures on décor, crafts, self improvement, health, with full shower, lounge, dining room, plus fully Boksburg depending on availability, not restricted to 1 resort beauty. Al this is rounded off with a scrumptious Stunning sea views, sleeps 4-6 people, walking equipped kitchen, TV, Hi-fi, DVD player. Braai 2 bedroom ground floor townhouse for sale in only. 10 000 points current marker rate R18-40 = lunch, music and dancing. R150 pp 11:00-16:00. distance to Amazimtoti shopping centre, restaurants area, bedding and towels supplied. Beach towels Boksburg, Klippoortjie, it has 1 bathroom (bath R184 000 we selling it for R30 000 contact Hassen Cash bar. Marcelle 083 252 1684. are within walking distance, secured underground not included. Contact Pearl Jason 083 707 2015 and shower), lounge and kitchen, private garden. 083 636 7323 or 013 712 2232 parking, braai facilities are available on the ground With the art of laser engraving we reproduce art- [email protected]. View photos on www. Price R550 000. contact Maloko at 078 621 5080, floor, a swimming pool in the complex, washing Bush property for sale near Bela-Bela work, photos, logos, as well as create keepsakes and houseofpearls.co.za. [email protected]. machines and dryers on the roof of the building, Live or retire to the bush with wild animals but no memorials. Laser engraving is a way to make a truly 10 St Ellen Great Brakriver contact Denise on 078 487 9910 or e-mail Denise. 2 Bedroom Furnished Apartment at Mana- high levies. Beautiful d/storey thatched home 2.5 hrs lasting memory. Call and let Laser Tek change your Fully equipped self-catering holiday accommoda- [email protected]. ba for Sale R860 000 neg from PTA and JHB in municipal area. No malaria, image in stone. Clive 078 583 5270 or clivejvv@ yahoo.com. tion. Pool in complex. Sleeps 4 in cottage R500 per Franskraal – Woonstelle vakansie of Lovely sea facing (180%) fully furnished spacious 3 bed, 2 bath, study, lounge, fam room, kitchen, D/ day and sleeps 6 – 3 bedrooms R800, situated near Naweke two bedroom, two bathroom apartment situated op- room, D/garage and undercover parking for 4 more Black hairdressing basin for sale R2 800, very good Hartenbos/Mossel Bay & George. TV, DVD (DStv posite the tidal pool at Manaba and 50m to Lucien cars and a trailer. S/pool and outside deck and Lapa, condition. Contact Bernadette 082 446 0390 or 2 slaapkamer woonstel te huur ten volle toegerus, with card) and braai facilities. Contact Erna at 082 beach. Less than 3kms to Shelly Beach & Uvongo, well maintained, some furniture included Price 2.2m Vivian 082 572 6738. slaap 6 persone, 100 tree na see. Stapafstand na 925 6128 or 016 455 6071 or vereenigingBM@ 2 km to Margate. Lounge with large cane suite, call Heather 082 558 2972 strand en Suprette, 40 km vanaf Hermanus en 3 km 8 Dining room chairs, solid oak and upholstered, nedbank.co.za. six-seater dining table and chairs, beautiful kitchen, Langebaan Lagoon Luxury Beachfront finished in distressed technique in light grey, R500 na Gansbaai. Woonstel aan seefront met pragtige 2 spacious bedrooms (sleeps 6), 2 tiled fully bath- Langebaan Accommodation seeuitsig. Ten volle toegerus, slaap 4 persone. Kon- Sea Holidays, on a dune, ideal honeymoon setting, each. 2 Tub chairs,1 cane/upholstered, 1 wood/ rooms. Levy R1,695pm Rates R780pm Selling Price upholstered, R600 each. Sleigh baby compactum, 2 Bedroomed fully equipped self-catering ground tak Roseline 079 707 8556 of 028 388 0230. R860,000 neg. Contact owner: 082 325 7929. few steps from the ocean, beautiful sea views, open unit suitable for 6 people, 700 m from Club plan bathroom, private balcony, small weddings. pine with antique stain, 3 drawers and shelves/hang- Jeffreys Bay House for Sale ing space,113cm wide x 60cm deep x 90cm high, Mykenos. R500 per night. Call Gideon 084 901 Self-catering, sleeps 4, fully equipped, close to Group bookings 48 guests. Conferences. Breakfast 1936 or (oh) 021 950 6614. Tivvit Suburb Golden Gardens, Vanderbijl Park, included. R400-R700 pp per night. 4 star quality. good condition. R2 000. Contact Manny Cabrita beach and shops, R900 pd in season, R600 pd 083 307 6570 or 011 636 4285 or manny.cabrita@ Hartenbos Gauteng. Two Bedroom house, walled, gate and Dinner, wine & honeymoon baskets on request.Cell: mid-season, R400 pd low season. Contact 082 857 battlers. R370 000. Contact Sikhumbuzo 083 678 standardbank.co.za or 011 636 4285 (w). Fully equipped 1 bedroomed self-catering. TV, 2156. 083 734 0525 or 022 772 0550 Ella@westcoast- 4026. life.co.za www.westcoastlife.co.za 1 x 3 draw office desk, measurement 163cm x DVD, braai area and parking. Sleeps 4. Walk to Hartenbos Accommodation Roodepoort flat for sale Club Mykonos 80cm, metal frame and wood grain work top, still beach. R500 per night. Call Erna Le Roux 082 in good condition R800, please call Val on 071 565 Fully equipped 3 bedroom house, with braai and 2 bed, 1 bath (Eagles Grove complex) in Honeydew 925 6128. lock-up gates, walking distance to beach. R500 per Sea Holidays walking distance from shops, harbor, 2655. Jeffreys Bay on Zeiss Road. Neat condition, easy lock-up-and-go main beach and Casino day out of season and R1 300 per day in season. lifestyle with security. Close to Clearwater Mall and Photoshoot 2 x fully equipped units. Sleeps 10 per unit, 800 ATKV Waterwurm in Hartenbos contact Diana Sleeps 6. Cell: 083 734 0525 | 022 77 20550 Ella@ the mega FNB building. R440K, contact sunithag@ westcoastlife.co.za. Singles, Couples, families (max 5ppl) Event m from beach. Fully enclosed with electric gates. 084 725 0384. nedbank.co.za or 076 022 9013 or 011 294 1806. Western and Northern Suburbs, Studio Special, 30 Contact Marlene on 083 328 2645 or 041 372 1475 Kzn North Coast Lamercy/Desai Nagar 5 Bedroom House for Sale - Baysville, East minute photo shoot, pay only for prints. Mobile Boggomsbaai London or 041 372 1274 fax. Stunning 1 bedroom self-catering granny cottage, studio for photo shoot in comfort of own home Strand Erf te koop met seeuitsig, R400 000 of naaste Opportunity!! Opportunity!! Serious Buyer don’t available Studio – Portfolio – Weddings – Corporate fully equipped private braai area, partial sea views, aanbod. Kontak Hannerie 084 517 6963. Strand (W-Cape) safe and quiet, 1 bedroom, large ideal for a couple and 2 children under 10 years old. let this opportunity pass you by. For the business – Product – Personal photo coach Contact Stuart Granny Flat for 2. Available for holiday/permanent. R600pn. Contact 083 307 3154 or 032 943 3395 Port Alfred Eastern Cape entrepreneur this could be your 1st B&B or for the 082 462 3082 or [email protected] or www. Please no smokers, children or pets. Walking between 6-8pm. Self-catering 2 bedroom townhouse, sleeps 4, 5 min property entrepreneur this could be your 1st small stuartandersonphotography.co.za distance to beach and shopping centre. Please call/ Property for Sale to beach, R500 per day out of season, R900 pd in security complex development as with 2208m/2 a lot Springs Gauteng: Golf Course Properties season. Contact Ellen 083 307 1853. can be done. For the bigger family just move in and SMS 072 494 4756. Vacant stand for sale in established area. – 1154 m? New 3 bedroom, 2 bathroom homes from R650 000, Waterford House in Clarens Timeshare Margate live happily ever after in this spacious 5 bedroom of prime land in Umhlatuzana, Durban, Kwa Zulu house. The property bordering an Afrikaans High built by Boupen housing (PTY)LTD. Phone Karin Luxury 4 star graded self-catering lodge on golf Natal. Close to Chatsworth Centre, Schools and Villa de Sol, fully furnished apartment, 2 bedrooms, School and soon the High and Primary School will 072 166 0032 or 011 678 4551 ext 123 estate. Very special mid week rates for bank Highways – 7-58th Avenue Umhlatuzana, asking 12th and 13th week, usually in March 2015, prime be on one premises. If you are serious and want more Nortcliff Gauteng: Elite, Exclusive own pensioners. Phone Jean 083 285 0021. web: www. R960 000 neg contact Millicent on 0829015134 time, high time, R8 000 per week. Contact Joy information please send me an email to mcjannet0@ design clarensgolfbreaks.co.za. email: waterfordinclarens@ or Winston 0824530159 or 079 626 5112 or Robbison 031 916 3062 or 073 153 1820. gmail.com Total Number of 13 Freehold Properties now selling gmail.com. 011 762 8751 Roodepoort flat for sale Apartment for Sale in Horison, Roode- in an upmarket, great location development. Phone Zia’s Accommodation House in Margate to rent for Holiday 2 bed, 1 bath (Eagles Grove complex) in Honeydew poort R495,000: Karin 072 166 0032 or 011 678 4551 ext 123 Accommodation Holiday apartments available Sea Point, Ronde- on Zeiss Road. Neat condition, easy lock- up-and- Are you a newlywed couple or an investor then this Albertina bosch Village and Green Point. Modern tastefully R500 per day, sleeps 8 people, 3 bedroom, 3 bath- go lifestyle with security, close to Clearwater Mall property is for you. Stunning apartment for sale in 3 bedroom hose with built in cupboards, large furnished and fully equipped. Close to beach. Con- room, DStv available. Contact Thea/Leon Rauten- and the mega FNB building. R440 K. Contact Horison. This property has 2 huge bedrooms with kitchen, lounge, one bathroom, 1 garage, spacious tact Ruby Bake 021 705 9836 or 083 707 0803. bach 083 247 1138 or 073 184 5787 after hours. [email protected] or 076 022 9013 or built in cupboards, neat bathroom with open plan rooms and large erf. R580 000 contact Elize at South Coast Margate – Uvongo KZN Timeshare Accommodation Kruger 011 294 1806. kitchen, dining area and lounge and a balcony. Closed 084 732 5100 Self-catering houses and cottages. Close to beaches National Park Flat for sale Somerset West carport for 1 vehicle and open parking for 2nd Golden Gardens Vereeniging vehicle. Tranquil garden. Very secure complex with and entertainment, 1bedroom cottages, 2 and 3 Fully equipped 6 sleeper self-catering cottage, Beautiful spacious one bedroom modern kitchen, Two bedroom house for Sale, wall & gate, bullet bedroom cottages and 5 bedroomed houses. Group 100m from Paul Kruger gate, next to Protea Hotel, large sitting/dining room, balcony, mountain view access gate and electric fence. It is a very secure com- plex close to both Roodepoort and Westridge high proof windows, Price R360 000, contact Mention bookings up to 30 persons. Corporate bookings 20/05/2016 -03/06/2016, available as weekend, lock up garage with space for 2nd car on outside, 087 736 2871 or 083 675 4026 welcome, team building also welcome. Sports week or 2 weeks, DSTV, fully equipped kitchen, no transfer duty or agent fees. Levy R620 pm, price schools as well as Horison View Primary and Horison Clarens Get Away – Spring Summer teams, club bookings. Rates on request. Sea Spray services daily Call Biba 072 110 0116. R600 000. Ideal for retirement or holidays. Contact Primary School. The complex is very close to West- Special and Eagles Nest 011 683 8381 or 083 267 3562 or Somerset-Wes Janet on 083 688 7050. gate and Horison Villiage shopping centres. Close to bus routes and walking distance to all amenities. We are offering SASBO members a special www.seaspray.co.za. Ruim een-slaapkamer woonstel met balkon, berg Retirement Cluster Lodge Musgrave Margate Size 87 sq.m Low levy of R1, 015 p.m. Selling Price: midweek break at our delightful Woodlands Retreat uitsig, toesluit motorhuis, hysbak, moderne kombuis Magnificent Study apartment with glass fronted R495, 000 Contact: Russell: 0823257929 in Clarens. Come and join us in one of our luxurious Fully equipped 6 sleeper flat with fantastic view, not en sekuriteit in die pragtige Somerset Wes, lae heff- porch, panoramic views of Durban. All meals and For Sale in Ballito suites amongst the mountains. Situated half way even 50 m from main beach, two rooms and sleeper ing en belasting, naby Kaapstad en see. R630 000. teas daily, maid, bed linen towels supplied, free between Durban and Johannesburg. couch, TV in all rooms, big braai on balcony, Kontak Janet 083 688 7050. daily transport to shopping centres and evening Two handed Weber Gas Grill Model 200. R3000 or R250.00 per person per night sharing between dishwasher, washing machine and 2 secure park- Albertinia shows. Guest suite available R475 000, reasonable nearest offer, contact Hennie 0824490357 levy R7 300 pm. Contact Mildred 031 201 9536 RUSIBIKI AT DIAZ, MOSSELBAY Tuesday and Thursday ings. Contact Bernadette 082 337 8885 or e-mail 52 km from Mossel Bay and 40 km from Still Bay, [email protected]. or 082 657 7055. 2br, 2 bth vac flat, sleeps 4, no steps, safe parking, Contact 0823673667, [email protected] 3 bedroom house with built-in cupboards, large www.woodlandsretreat.co.za T&C’s apply. Flexiclub Points kitchen, lounge, one big bathroom, 1 garage on 1 Tulbagh equipped, 3 min from beach and water fun park, BEES YOUR PROBLEM? Flexi holiday club points for sale, price negotiable. 200 square meter stand, R599 000. Elize 084 732 Visit scenic Tulbagh (125 km from Cape Town) R500pd out/s and R900p in/s, min booking 3 days, Market value per pt R11,40. Points up for sale 10 5100. and stay at Alfa Apartments, clean, spacious well phone Christine 0817717190 or 0813693111 We remove bees in the Johannesburg, Fourways, 500. Please contact Johan Visser 012 804 8622. Mossel Bay equipped apartments with secure undercover For Sale Randburg, Midrand, Roodepoort, Benoni, Boks- parking, twin, double or king-size beds. S/C or B/B, burg, Kempton Park and Pretoria areas. Contact Timeshare for Sale Mossel Bay at Twee Kuilen/Diaz Beach. Situated Plot in Bathurse (near Port Alfred) a quaint little R550 for 2 sleeper unit and R850 pn for 4 sleeper Ricardo on 081 062 5962. Global Grand Vacation Package with RCI, which 500 m from the much sought after Diaz Hotel and village with historic pig & whistle hotel and craft unit. See info www.tulbaghinfo.co.za or contact Premium quality Nguni Hides for Sale is a yearly holiday for sale – points available Resort. 2 bedrooms (1x en suite), kitchen, open shops and many social activities. R120 000 Contact Mandy at [email protected] or 023 230 immediately, contact Mandy @ 033 395 5612 (w) plan lounge. Xtra braai area, shower, toilet, deck, D Thorburn phone 046 648 1824 Premium stock of Nguni hides, cushions, ottomans 2977 or 072 270 6651. or 084 505 8524. sleeps 6, swimming pool in complex, 24 hr security House for Sale and handbags for sale. Free deliveries throughout Timeshare for Sale Mosselbaai/Tergniet with surveillance camera. Price R900 000. Contact Secure and safe holiday home for sale in a quiet na- South Africa using Postnet and Postnet courier ser- Formosa Bay Resor,t Plettenberg Bay to own week vice. Prices vary so enquire today, get a 5% discount Netjiese 2 slaapkamer huis te huur, slaap 6, 4 Ronnie 083 394 0634. ture reserve in Ifafa. Price and furniture is negotia- For Sale 47 (flexi white season). It consists of 2 bedrooms ble. See the web listing below for price, pictures and by sending a mail with subject line Sasbo Ad to volwassenes en 2 kinders, branderuitsig, besigtig [email protected] or WhatsApp 0730451006 14 The official organ of Sasbo, The Finance Union, est. 1916 Vol 39 No 2 April 2017 www.sasbo.org.za

Making a positive difference Sasbo Membership Application Form

ATELL US ABOUT YOURSELF FOR OFFICE USE ONLY ID Number Title Status

Surname Male Female Title Code Full First Names Payment Type Acc Type

Code & Tel (W) Bank AT Code & Tel (H) Work AT

Cell No Label

Race (Govt Statistics) Black Coloured Indian White Recruiter Area Code BAddress Deduct Subs email

EDebit Authorisation – Indicate which is applicable Private Postal I agree to pay Sasbo monthly subscriptions as determined by the Union (as alternate address from time to time, and authorise you to recover my subscriptions from for Sasbo News)** my bank account via ACB Magtape. I hereby authorise my employer to deduct from my salary each month Postal Code and pay on my behalf, my subscription fee to Sasbo as determined by the Union from time to time. ** Absa & Nedcor receive Sasbo News at workplace address

CWHERE DO YOU WORK? F Institution Department Employee Number

Job Grade Signature Date

Branch Code (Nedcor) Enrolled by:

Cost Centre (Absa) Bank: Branch: D BANKING ACCOUNT DETAILS Name of member recruited: Name of Bank

Branch One month’s written notice is required for the cancellation of membership. Account Number

Branch Clearing Code Type of Account Cheque Transmission Savings Signature Date

Sasbo OFFICES Headquarters: Fourmall Office Park West, Sasbo House, Roos Road, Fourways. Private Bag X84, Durban office: 10 Sookhai Place, Derby Downs, Suite 3, Grosvener Square, Westville. PO Box 337, Bryanston, 2021. Tel: (011) 467 0192. Fax: (011) 467 0188. Westville, 3630 . Tel: (031) 266 9355. Fax: (031) 266 9359. e–mail: [email protected] Headquarters staff, Administration, Research and Information, Training and Legal Port Elizabeth office: 4 Ascot Road, Mill Park, Port Elizabeth, 6001. PO Box 63708, Greenacres, Department: Tel: (011) 467 0192. Fax: (011) 467 0188. 6057. Tel: (041) 373 9471/2/3. Fax: (041) 373 9475. e–mail: [email protected] Johannesburg office and Bank Pensioners’ Society: 159 Jan Smuts Ave, Parkwood. Bloemfontein office: Unit 14, Westdene Centre, Cnr First Ave and Reid Street, Bloemfontein. PO Box Tel: (011) 442 0030. Fax: (011) 442 0034. e–mail: [email protected] 12310, Brandhof, 9324. Tel: (051) 447 7422. Fax: (051) 447 7430. e–mail: [email protected]. Pretoria office: 18 Botano, Cnr Embankment Street & Lenchen North Ave, Centurion. PO Box Sasbo News: Fax (011) 234 1501. e–mail: [email protected]. 11912, Centurion, 0046. Tel: (012) 663 6673. Fax: (012) 663 6713. e–mail: [email protected] The Sasbo News contact number is specifically for matters regarding the newspaper (changes of Cape Town office: 42 Burg Street, 6th Floor, Cape Town, 8001. PO Box 2256, Cape Town, 8000. address and non–receipt of newspapers should be advised to Sasbo Head quarters). All other Tel: (021) 424 5941. Fax: (021) 424 3014. e–mail: [email protected] enquiries should be directed to the relevant numbers on this page.

SECRETARIES’ DIRECTORY BEC NAME BEC OFFICE BEARER BANK EMAIL ADDRESS BFN - BLOEMFONTEIN Kagisho M Thothela SECRETARY NEDBANK [email protected] BFN - DIAMONDFIELDS Gakebabope Moletsane SECRETARY NEDBANK [email protected] BFN - GOLDFIELDS Phindiwe Mbakaza SECRETARY UBANK [email protected] BFN - GOLDEN GATE Thabo Malete SECRETARY SBSA [email protected] BFN - UPINGTON Johanna Jansen Van Rensburg SECRETARY FNB [email protected] CPT - BOLAND Tanya May SECRETARY FNB [email protected] CPT - CAPE TOWN Colin Goldberg SECRETARY LANDBANK [email protected] CPT - SOUTH WEST DISTRICTS CPT - TYGERBERG Mandy Daniels SECRETARY ABSA [email protected] DBN - DRAKENSBERG Shaheda Asvat SECRETARY SBSA [email protected] DBN - DURBAN Janice Canny SECRETARY ABSA [email protected] DBN - NATAL SOUTH COAST Sipho Mbeje SECRETARY FNB [email protected] DBN - EAST GRIQUALAND Janine (Ruiters) Napier SECRETARY SBSA [email protected] DBN - NEWCASTLE Jabu Luvuno SECRETARY ABSA [email protected] DBN - NORTH NATAL Sifiso Zulu SECRETARY SBSA [email protected] DBN - PIETERMARITZBURG Vino Naidoo SECRETARY SBSA [email protected] DBN - ZULULAND Carol Fearick SECRETARY FNB [email protected] JHB - VAAL TRIANGLE Angela Zondo SECRETARY FNB [email protected] JHB - MAHIKENH Zakhele Mbatha SECRETARY FNB [email protected] JHB - RUSTENBURG Botlhale Motene SECRETARY FNB [email protected] P.E - PORT ALFRED Yvonne Duma SECRETARY SBSA [email protected] P.E - EAST LONDON Shawn Cole SECRETARY NEDBANK [email protected] P.E - PORT ELIZABETH Althea Knoetze SECRETARY ABSA [email protected] P.E - QUEENSTOWN Elerese Jooste SECRETARY ABSA [email protected] P.E - UITENHAGE Martie Laas SECRETARY FNB [email protected] PTA - EAST MPUMALANGA Brigate Nyakane SECRETARY FNB [email protected] PTA - POLOKWANE Mahlatse Rangongo SECRETARY NEDBANK [email protected] PTA - PRETORIA Lindiwe Gcaba SECRETARY ABSA [email protected] 15 The official organ of Sasbo, The Finance Union, est. 1916 Vol 39 No 2 April 2017 www.sasbo.org.za

Ready to A big group was trained at Sasbo’s head office in Johannesburg. serve manda Naudé, Sasbo’s train- ing officer, has concluded her AMarch training sessions for SBV shop stewards. First, shop stew- ards from Umtata and East London attended training in Port Elizabeth. Her next course was held in Durban. A group of 21 SBV members from Limpopo, Mpumalanga, Bloemfon- tein and Gauteng received training in Johannesburg. There was also a session at Sasbo’s Cape Town office.

“All the sessions went well. All who attended the courses are excited by their challenges and ready to fulfill their duties,” she reports. S

The training at Cape Town regional office went well

SBV training for shop stewards from Umtata and East London SBV training in Durban was held in Port Elizabeth. Sasbo supports Feet4Fees

group of 15 students depart- “Your support and contribution ed from Johannesburg on 1 enabled us to raise substantial positive ADecember and arrived safely in media awareness for the plight of Port Elizabeth on 19 December after (future) students and for tertiary walking 1 000 km – all to raise funds education, but it also enabled us to raise and create awareness of the situation nearly R7 million. The majority being a and need for funding in the tertiary corporate commitment towards student education system of South Africa. bursaries, to be released over the next five years, but also a portion of cash “We are very grateful for the send-off contributions. As awareness about Feet- received from Wits, the welcome from 4Fees grew, individuals, en route, rec- the University of the Free State when ognised the team and would often stop we shuffled through Bloemfontein, and us to encourage the team or even make ultimately the hospitable welcome at contributions. This is proof of how all NMMU. We are also extremely grateful South Africans want to rally towards to all our sponsors, of which Sasbo was creating a better future for our children one,” says Reuben Oosthuysen, Wits and our country,” says Reuben. Student and Feet4Fees Initiator Reuben says that they hope to make This initiative won a LEAD SA Hero Feet4Fees a household name and award and was even discussed in annually make a statement for the Parliament. The impact of this project, importance of the need for funding at which is surely immeasurable, will per- tertiary level. S meate and be felt for years to come.

16