York Timber warns of revenue hit amid more than three-week long strike
Members of the National Union of Metalworkers of SA have been on strike since April 25, affecting a unit accounting for more than half of revenue
Listed forestry group York Timber has warned it expects a hit to revenue and production due to a now unprotected strike at operations accounting for more than half of its earnings.
Members of the National Union of Metalworkers of SA (Numsa) embarked on the strike on April 25, with York Timbers saying on Friday it secured an interim court order declaring the strike unprotected on May 11. The group said it was starting with disciplinary action against some employees, making accusations of intimidation, harassment and vandalism...