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Eskom Offer 7% Wage Rise, an Uptick From Prior 5.3% Offer

SOUTH AFRICA
  • Bloomberg reports that Eskom have offered workers a one-year 7% pay rise deal, operating on a sliding scale across pay distributions.
  • Details of the wage offer will be published on Friday when negotiations resume. The latest rejected offer was for a 5.3% increase vs. the unions demand for 12% across the board.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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