News24

Union reportedly involved in porn deal

2012-06-16 22:12

Johannesburg - The SA Clothing and Textile Workers' Union (Sactwu) is involved in a deal to buy a United States pornographic empire, according to a weekend report.

The Sunday Times reported that the union has a stake in Hosken Consolidated Investments (HCI), which itself has interests in a company called Longkloof Limited, who is trying to buy US porn giant New Frontier Media.

Sactwu general secretary Andre Kriel said the union's position on the deal was "simple".

"Sactwu is not getting involved in pornography... I have communicated Sactwu's position to HCI, and from there it is up to them how they process it," he said.

Congress of SA Trade Unions (Cosatu) general secretary Zwelinzima Vavi said Sactwu had to find a way out of the deal.

"You know what Cosatu's stance is on pornography. They [Sactwu] got themselves into trouble and we absolutely expect them to get themselves out of it," he said.

Comments
  • Dakey - 2012-06-16 22:34

    Don't say this often... but respect to COSATO!

      infijar.ken - 2012-06-17 10:24

      What a stupid time to get involved in the Porno Industry. This industry is in major decline due to decreasing sales caused by free online downloads. This is one way to lose the Clothing Industry Workers pensions.

  • Bzeng - 2012-06-16 22:38

    SACTWU involve in pornograph. What does porn have to do with clothes industry lmao

      Gilad - 2012-06-17 01:31

      Well, they don't wear any.

      bobby.rosewood.1 - 2012-06-17 03:48

      Lingerie??

  • renier.lubbe.7 - 2012-06-16 22:50

    Nobody in SA should benefit from the profits of porn, no matter how remote the connection.

      Boer - 2012-06-16 23:24

      Dont they know that the porn industry in America is busy dying. Only a bunch of idiots will purchase a porn company at this stage of the game.

      bobby.rosewood.1 - 2012-06-17 04:03

      And why not? You only watch the free stuff on XVideos I guess?

      renier.lubbe.7 - 2012-06-17 12:45

      @bobby: Problem is that most porn creators are affiliated to organised crime (drugs, forced prostitution, child pornography, human trafficking, etc)

      bobby.rosewood.1 - 2012-06-17 19:25

      You are in a sense correct, Clubs like Hells Angels offer "protection" to strip clubs and so on, if you don't want the protection, they make sure you want it after a while. On the other hand: these kind of practices you'll find everywhere, the big producers like Vivid, Private, Hustler and so on, are being very careful with their reputation. You'll find criminals in every line of business; that doesn't mean the whole sector is criminal. One has to be careful who you're dealing with; true, but that goes for almost everything these days I'm afraid. Front-companies are formed in all lines to cover up sinister things happening and adult entertainment is too obvious and too organized; especially in the USA and Europe. What happens in the far east, Nigeria and so on, I dare not to even think about...I guess you are quite correct there. But those are backyard productions, not organized regulated companies.

      renier.lubbe.7 - 2012-06-17 21:38

      @bobby: Your argument is accepted although I would not like to belong to an institution making money out of porn. My view, yours is a go as well.

  • Ken Jay May - 2012-06-16 23:05

    How FUp is this Banana Republic?.... the stories are getting more weird by the day!

  • chriswesley.perumal - 2012-06-16 23:10

    Actually fits them - last time I checked they were screwing their members.......

  • mervyn.crofton - 2012-06-16 23:32

    Hey who's cares what they do with union funds...so long as its well invested and making a profit. With porn you can't lose..at least its not being used fraudulently and the contract seems above board

  • monde.sibisi - 2012-06-17 00:33

    Let them have their porn company as long as it'll keep people of the streets

  • Rodney - 2012-06-17 01:59

    Jeez, get a grip, the union has shares in one company who has shares in another and that company is trying to buy a porn company. It really isn't like the union is trying to buy the damn porn company. how much would anyone like to bet that the bank they deal with are connected to the porn industry and the drug industry? it might be several companies down the line, but the link is there, are you going to withraw your money now? no, i didn't think so, grow up and face the reality.

  • bobby.rosewood.1 - 2012-06-17 03:56

    What nonsense is this. Porn is a as legal as can be, as long as you're over 18 in this country. Now why is everybody being so overly moral conscious? I feel that hunting (killing for pleasure)is more morally questionable then doing and watching sexual acts, its not hurting anything or anyone; gives pleasure to many and an income to those involved, when done within the boundaries of the law, off course.

  • Gerald Jordaan - 2012-06-17 04:28

    A fool and his money is soon parted!! Dumb sh*ts!!

  • ndyeboreginaldmazawule - 2012-06-17 06:04

    Or what Vavi? Funny how they come about to make decisions when money is involved, now porn? Please

  • angela.monaghansandells - 2012-06-17 06:30

    Not quite the truth though. Another sensationalist headline - published purely to generate some interesting comments.

  • Ted - 2012-06-17 07:12

    And to think that porn stars usually do their jobs wearing no 'clothes' or any 'textiles' at all! Not a very supportive industry to the unions line of business.

  • christo.t.botha - 2012-06-17 08:51

    so what...

  • Horst - 2012-06-17 08:51

    Well, if it makes them some money, why not?

  • melania.nel - 2012-06-17 09:12

    I thought it was against their culture....

  • michael.barns.1 - 2012-06-17 09:22

    how pathetic is this news?! Who cares what the other companies companies companies company invests in, jeez its like saying that my great great great great great Grand Father was a serial killer, so what and how does that effect me now, should I be excluded from business?!

      melania.nel - 2012-06-17 09:42

      Nope, its relevant. When they sifted through companies that favoured apartheid and supported it, they had to look at all who had a stake in it. Until recently they had cases sifting and rectifying things. If they now cry about porn of the spear, and it not being part of their culture, why invest in something that has very real connections to real porn.

  • Deon Du Plessis - 2012-06-17 10:24

    If I was them, I'd to try getting into the porn industry. I mean these guys are so used to screwing their people, it should cum, excuse the pun, quite easily.

  • jonathan.seagul.5 - 2012-06-17 12:47

    What's wrong with this deal. Cosatu is screwing their members in any way.

  • Manu - 2012-06-17 13:22

    To say that the Union is involved in the adult industry is completely misleading and borders on defamation. The fact that many of the commentators here fail to acknowledge this shows that many comments are made with malicious intent. Read the facts of the article and you see that the Union is not directly involved in buying said company. For example suppose that you have shares in a SA newspaper and that unknown to you this paper advertised escorts, strip clubs, and adult materials. Would it be fair to accuse you of being a pimp and promoting adult materials? Of course not. But of course so many here are blinded by hatred that they are incapable of being sensible let alone fair.

      infijar.ken - 2012-06-17 15:04

      Manu, what s stupid analogy the only way you wouldn't know what a Newspaper published is if you couldn't read! I understand what you are trying to say, but since it is known that the Company that the Sactwu were investing in, does have these interests, cannot absolve the Sactwu of not knowing.If the company buying the film interests suffers major losses because the Porn Film industry is in a major state of collapse, indirectly the Clothing Workers could lose their pensions. It would ten be remiss of the Sec. Gen. of Sactwu to say sorry to the workers, that they had lost all their money, when the investment into a declining industry was known.

      manu.dibango.96 - 2012-06-17 16:18

      infijar, you are avoiding the problem with this story. You are muddying the waters. The issue here is not the financial ramifications of the investment. The issue here is journalistic ethics and individuals acting in goodwill. Was the union involved in negotiating this deal? No. They are finding out like the rest of us. So why make it seem as if they are actively involved in the deal? Knowing this why should anybody want to blame the union when they themselves are victims of circumstance? For goodness sake in this deal there is 3 degrees of separation between the union and this adult entertainment company. And that is supposed to be involvement?

      bobby.rosewood.1 - 2012-06-17 19:29

      Spot on. This is just looking for sensation, to fill the gap. Sad.

  • David - 2012-06-17 22:04

    Why would Sactwu invest money in foreign organisations. Is it no wise to invest local and create employment or descent jobs as they are popularly known lol

  • bren.ortega.3 - 2012-06-18 11:32

    OHHHHHH , now I understand why I deduct subs and pay to union ....

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