A week-long strike has hit operations at KCB’s #ticker:KCB South Sudan business.
Workers are demanding higher pay but talks with management have stalled.
“KCB South Sudan makes reference to a labour dispute and subsequent strike action by a section of staff since last week. This has disrupted business operations in some of the branches in a challenging economic and operating environment,” said the bank in a statement in response to the Business Daily’s questions.
“We wish to assure our customers that KCB South Sudan is operational and their funds are safe,” the lender whose parent firm is KCB Group added.
The bank said talks were ongoing to unlock the stalemate.
“We continue to engage with our staff and the National Staff Association on KCB South Sudan’s business performance while taking into account the tough economic environment,” said the statement. “…we are optimistic that this issue will be resolved in a realistic, fair and workable manner.”
But Paul Ajok, the chairman of the association, told South Sudan media that the workers had resolved to continue with the strike since talks with management had been fruitless.
“We are still on strike, we had a big assembly today and the strike is still ongoing. We have not agreed on anything,” Mr Ajok was quoted as saying.
He said that 160 staff were on strike. This is the second strike in two years by staff demanding an increase of pay. The employees also demanded an increase in salaries in February 2016.