The increase in the price of fuel at the pump last July is eroding the purchasing power of workers in the banking and microfinance sector. This was hinted by the leader of the autonomous union federation of banks and microfinance of Guinea (FESABAG) who, after a general meeting on Tuesday, October 9, 2018, has tabled on the table of the Professional Association of Banks (APB), an unlimited general strike notice.
The straw that broke the camel’s back and which clearly served as a pretext for FESABAG to file its unlimited general strike notice, is the dismissal of a union delegate from FBN Bank for strike action. A walkout of several hours has severely paralyzed the entire banking system across the country.
FESABAG conditions the lifting of the 10-day strike notice filed today, with the immediate implementation of accompanying measures following the increase in the price of fuel; the withdrawal of dismissal deemed “unfair” by the General Secretary of the trade union delegation of FBN BANK; the departures condition of the expatriate Human Resources Director, appointed to FBN BANK in “violation of the laws of the Republic”; and scrupulous respect for expatriation deadlines in Guinea.
