Numsa joins Ayo court battle against FNB
The move threatens to collapse a black-controlled company and will cost 1,275 jobs, union says
29 April 2021 - 09:12
The National Union of Metalworkers of SA (Numsa) says it will join Ayo Technology Solutions in a bid to interdict FNB from cutting off that company’s banking services, saying the move threatens to collapse a black-controlled company and will cost jobs.
Ayo, the company indirectly controlled by Iqbal Survé, filed an urgent high court application earlier in April to stop FNB, after the lender gave the company until May 3 to find a new bank...
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