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Guinea Bank Workers Resume Strike

May 11, 2010

Bank workers resume strike in Guinea
News – Africa news
Conakry, Guinea – The Autonomous Trade Union Federation of Banks, Insurance and Micro-finance of Guinea (FESABAG) resumed an indefinite strike on Monday to press demands for higher salary.

Workers in banks, who recently suspended their strike, said its resumption followed the refusal of their employers to comply with the memorandum of understanding that had been signed after the involvement of Prime minister Jean Marie Doré.

“We had pressed for a 60 per cent increase, but had 12 per cent but our employers have even refused to honour it,” one banker told PANA.

In the strike warning issued last March, FESABAG asked for ‘a significant increase’ of the general level of salaries in the banks to the tune of those in the public service and the Central Bank of the Republic of Guinea (BCRG).

Last February, the government significantly increased the salaries and allowances of public servants, following a 40 per cent increase in the price of fuel.

FESABAG also called for a 100 per cent increase of the rate of repayment of medical bills with a view to establishing a general medical aid for the banking profession.

It also demanded the doubling of all premiums and allowances over such as school fees and retirement pensions.

Conakry – Pana 11/05/2010

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