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Current Demands from Unions as Wage Talks Remain Deadlocked

SOUTH AFRICA
  • Mining – In the gold mining sector, union NUM, among other demands, wants a 15% increase in salaries.
  • Engineering – Union Numsa seeks a one-year, 15% rise in the steel and engineering sector wages.
    • In the same sector, trade union Solidarity is seeking a CPI+5% increase (9%).
  • Eskom – NUM and Numsa are also seeking a 15% increase in wage negotiations with Eskom Last week.
    • All unions rejected a 'final' 1.5% wage offer tabled by Eskom management.
  • Public sector – A 1.5% increase is planned for public sector wages. This includes a non-pensionable cash gratuity of R978/month for a year for all employees.
    • Assuming 1.3 million public sector workers, this would amount to an additional expenditure of roughly R15 billion in the current fiscal year.
    • Unions want a CPI+3% increase (7%).
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Market NewsHomepage
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Market NewsHomepage

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