Cape Town – Oceana [JSE:OCE] announced on Tuesday that it will no longer close down its controversial fishmeal factory in Hout Bay, which has been celebrated as a victory for the 98 affected employees.
“We’ve worked with labour, with national government and with local government to secure the future of the Hout Bay facility so that it can continue certainly for the coming five years,” Oceana CEO Francois Kuttel told Fin24 ahead of the announcement.
The Section 189 process is now officially over after Oceana signed a deal on Tuesday with its employees, which was facilitated by the Commission for Conciliation, Mediation and Arbitration (CCMA). The 189 had proposed relocating its employees to its St Helena Bay facility and closing the Hout Bay factory. This original plan will not go ahead as a result.