Transnet Strike | Business offers to step in

  • 📰 eNCA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

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.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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Big business offers to pay extra to end Transnet strikeLobby groups support paying extra fees to prevent prolonged industrial action by workers Fantastic new
Source: BDliveSA - 🏆 12. / 63 Read more »