BRICS Skate Cup: Skateboarders from Egypt, 22 nations gather in Russia    Egypt gets initial approval for $820m IMF loan disbursement    Fujifilm, Egypt's UPA Sign MoU to Advance Healthcare Training and Technology at Africa Health ExCon    Pharaohs Edge Out Burkina Faso in World Cup qualifiers Thriller    Lagarde's speech following ECB rate cuts    Russian inflation to decline in late '24 – finance minister    US, 13 allies to sign Indo-Pacific economic agreements    Acceleration needed in global energy transition – experts    Sri Lanka grants Starlink preliminary approval for internet services    HDB included in Brand Finance's top 200 brands in Africa for 2024    MSMEDA aims to integrate environmental dimensions in SMEs to align with national green economy initiatives    China-Egypt relationship remains strong, enduring: Chinese ambassador    Egypt, Namibia foster health sector cooperation    Palestinian resistance movements to respond positively to any ceasefire agreement in Gaza: Haniyeh    Egypt's EDA, Zambia sign collaboration pact    Managing mental health should be about more than mind    Egypt, Africa CDC discuss cooperation in health sector    Sudanese Army, RSF militia clash in El Fasher, 85 civilians killed    Madinaty Sports Club hosts successful 4th Qadya MMA Championship    Amwal Al Ghad Awards 2024 announces Entrepreneurs of the Year    Egyptian President asks Madbouly to form new government, outlines priorities    Egypt's President assigns Madbouly to form new government    Egypt and Tanzania discuss water cooperation    Grand Egyptian Museum opening: Madbouly reviews final preparations    Madinaty's inaugural Skydiving event boosts sports tourism appeal    Tunisia's President Saied reshuffles cabinet amidst political tension    Instagram Celebrates African Women in 'Made by Africa, Loved by the World' 2024 Campaign    Egypt to build 58 hospitals by '25    Swiss freeze on Russian assets dwindles to $6.36b in '23    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Workers end strike on condition that demands be discussed
Published in Daily News Egypt on 31 - 07 - 2008

CAIRO: Workers from the Nile Cotton Ginning Company Thursday called off a strike they began in protest at the decision of company management not to pay bonuses to which workers claim they are entitled.
Workers ended the strike when they received a promise that a meeting of People's Assembly representatives from the Gharbeyya governorate and government representatives will be convened to discuss workers' demands on Aug. 10.
The Nile Company, which was privatized in 1997, has factories in the governorates of Gharbeyya and Minya.
Some 1,000 workers are employed in the Minya factory.
"Workers' basic pay is between LE 270 and LE 450 per month, a worker from Nile Company's Mahalla factory, who has been employed there for 22 years and who preferred to remain anonymous, told Daily News Egypt.
"When they privatized the factory we carried on working but we cannot stay silent when they interfere with our basic entitlements, he continued.
Workers say that company management has refused to pay them a 10 percent salary increase laid down in a 2003 law, as well as another seven percent pay increase.
The Masrawy website quotes Nile Company worker Abdallah Mohamed as saying that "this factory used to produce gold, but that's been turned to ruins by the administration which doesn't care about anything apart from paying its debts.
Mohamed alleges that the company's administration is gradually dissembling the cotton ginning machines and using factory assets to take out loans.
He says that this allows banks to take control of these assets, sell them and divide up the land on which the factories are located.
Source in the Mahalla factory confirmed this report.
"The investors who bought the company have no background in cotton and are not interested in it in the first place, he said.
"Their interest is the land on which the factories stand, which is in a prime location and extremely expensive - it can reach between LE 10,000 and LE 15,000 per square meter, he continued.
Pundits allege that the process of privatization and sell-off of the public sector in Egypt, instituted as part of Egypt's structural readjustment and move to a free market economy in the early 1990s, has been at the expense of workers within the public sector.


Clic here to read the story from its source.