Transnet workers reject revised wage offer

JOHANNESBURG - The country's ports may be brought to a standstill on Monday, putting further strain on the economy.

This as Transnet workers reject a revised wage offer.

The state-owned logistics firm upped its offer from 1.5 to 3 percent.

READ: Transnet workers threaten strike action

But unions, Satawu and Untu say it's not even close to the 13.5 percent demanded, calling it an insult.

Satawu says it will issue a 48-hour strike notice to the company.

At the same time, it's asked the CCMA to intervene.

That process will begin on Wednesday.