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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessExperts Estimate Numsa Strike Costs at R500m in Lost Output
- Industry experts estimate that the ongoing Numsa steel/engineering strike has cost the sector R500m in lost output in its first week and over R100m in lost wages for employees
- They say the 300k worker walkout has affected five provinces and caused supply chain disruptions to a number of major firms
- Numsa has yet to get back to employers about the sweetened 6% wage deal offer (up from 4.4%) - which was offered earlier this week.
- Employers warn, however, that no matter the outcome, job cuts are highly likely in the aftermath and will become progressively worse the longer the strike persists - News24
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.