Transnet strike costs South African miners $44 mln a day - industry body

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South African unions reject Transnet's revised wage offer, continue strike

Transnet's freight rail and port workers earlier said they had rejected a revised pay offer and vowed to continue the strike which started a week ago.

"According to our estimates, bulk mineral exporters are losing R815 million worth of exports per day because they are unable to rail and load 357,000 tonnes of iron ore, coal, chrome, ferrochrome and manganese onto ships daily," the Minerals Council said. But the United National Transport Union and the South African Transport and Allied Workers Union , which together represent most Transnet workers, said they had rejected the latest offer and would remain on strike.

SATAWU said it had received Transnet's latest offer "with great sadness" and that the strike would continue.

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