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حسام الحملاوي

المرصد العمالي: شركة أفكو مصر تفصل 6 قيادات عمالية « تضامن - 0 views

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    Crackdown on labor activists in Suez
Mohammed Maree

Egypt\n and beyond: Shebeen al-Kom revisited - 0 views

  • While the Shebeen al-Kom factory is making losses, and Indorama is using this as an excuse to cut back on salaries and incentives, how about the mother company? While the Sheeben factory has reportedly made losses of 69 million Egyptian pounds over the past two years, in August 2008 Indorama commissioned "a brand new state-of-the-art compact yarn spinning plant of 26,000 spindles" in Indonesia, and announced an investment of 4 billion rupees (roughly 400 million Egyptian pounds) in a new manufacturing plant in India. Just a few days ago, it was reported that Indorama is establishing "the world's biggest fertiliser complex within its premises at Eleme, River State [Nigeria] at a cost of $2.5 billion."
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    even if Indorama is making losses in Shebeen al-Kom, we are clearly not talking about a company on the verge of bancruptcy. And the refusal to pay the workers their full bonuses is not a necessary temporary measure, but part of a long term strategy - employed by most post-privatization companies in Egypt - to turn losses into profits by cutting back salaries.
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    A must read posting..
حسام الحملاوي

Egypt and beyond: The blame game: class struggle in Shebeen el-Kom - 0 views

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    Good posting by Per...
حسام الحملاوي

Reuters AlertNet - Poverty grows in Egypt despite rapid growth-U.N. - 0 views

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    "One in every five Egyptians cannot meet their basic living needs,"
حسام الحملاوي

Jaiku | El-Masriya workers in Suez went on STRIKE Saturday,protesting exporting of fert... - 0 views

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    FANTASTIC NEWS FROM SUEZ!! That's what we need.. Only workers' strikes can end normalization with the Zionist state, not the Press Syndicate protests...
حسام الحملاوي

Daily News Egypt - Nile Cotton workers suspect plans to sell off company - 0 views

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    Sarah Carr reports...
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