Savuti Transport has issued a notice to its workforce that the company will temporarily cease operations due to decline in export and import of coal and chrome.
The decision, outlined in a letter addressed to employees, cites the declining import and export activities in the sector as the primary reason behind the company’s move.
Signed by Henk van der Watt, the Financial Manager, the letter informs employees that the temporary layoff will commence on March 1, 2024, and extend for a period of six weeks.
During this period, employees will be supported in their application for Unemployment Insurance Fund (UIF) benefits through assistance with UI-19 forms provided by the company.
“This measure aims to alleviate the financial burden on affected workers during the temporary shutdown,” he states.
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Henk van der Watt expressed gratitude for the understanding and cooperation of employees during what he acknowledged as challenging financial times for the company.
He reassures employees that the situation will be reassessed after the initial six-week period, with a commitment to keeping them informed of any developments.
“Employees are encouraged to direct any questions or concerns to the human resources department for further assistance and clarification,” he concludes.
