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Transnet Strike | Business offers to step in
Big business has offered to pay increased fees to Transnet hoping this will go some way in curbing wage strikes.
JOHANNESBURG - Big business has offered to pay increased fees to Transnet hoping this will go some way in curbing wage strikes.
At the same time Transnet and organised labour are continuing with talks this afternoon to break the deadlock on the crippling wage dispute.
Mass stay-aways at the country’s major ports have halted the movement of cargo as the economic toll from the strike surges.
Unions SATAWU and UNTU have not accepted a new wage increase offer from Transnet of between 4.2 to 5 percent.
The state logistics company pays about a third of its budget on wages.
Business Unity South Africa says it has offered to pay increased fees for the rail utility’s services and an additional strike-avoidance levy until an agreement is reached.
Watch the video above for more details on this story
Big business has offered to pay increased fees to Transnet, hoping this will go some way in curbing wage strikes. At the same time, Transnet and organised labour are continuing with talks to break the deadlock on the crippling wage dispute. #SouthAfricaTonight #DStv403 pic.twitter.com/f2khEOrSNj
— eNCA (@eNCA) October 12, 2022