Numsa calls off SAA strike, agrees on 5.9% wage increase | IOL Business Report

South Africa News News

Numsa calls off SAA strike, agrees on 5.9% wage increase | IOL Business Report
South Africa Latest News,South Africa Headlines
  • 📰 IOL
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Striking workers unions at South African Airways have finally agreed to a 5.9 percent wage increase following a long-week strike and protracted negotiations at the airline. busrep

JOHANNESBURG - Striking workers unions at South African Airways have finally agreed to a 5.9 percent wage increase following a long-week strike and protracted negotiations at the airline.

SAA had been playing hardball with unions, saying it can only afford 5.9 percent wage increases in March, and that would be dependent on the availability of funds from its lenders. The airline said the first tranche of funding would be used to sustain operations while the second tranche would be prioritized for salaries when it is received in January/February 2020.

CCMA director, Cameron Morajane, commended the parties for remaining in process and restoring some measure of stability.

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:

IOL /  🏆 46. in ZA

South Africa Latest News, South Africa Headlines

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

Numsa warns of ‘no retreat’ as Air Chefs set to join SAA strikeWage talks between the airline and unions remain deadlocked
Read more »

Speaker agrees to urgent parliamentary debate on SAA | IOL NewsSpeaker agrees to urgent parliamentary debate on SAA | IOL NewsSpeaker Thandi Modise on Wednesday agreed to a request from the IFP to call an urgent debate on the state of South African Airways.
Read more »

SAA turbulence may just sink the state-owned airline's liquidity | IOL Business ReportSAA turbulence may just sink the state-owned airline's liquidity | IOL Business ReportSA Airways chairperson of the board implementation committee Martin Kingston warned that the embattled airline’s liquidity was on the brink of collapse. busrep
Read more »

Comair refutes claims of Numsa strike notice | IOL TravelComair refutes claims of Numsa strike notice | IOL TravelComair has issued a statement refuting reports that the company has been issued a secondary industry strike notice by Numsa. IOLTravel
Read more »

Solidarity brings business rescue application to SAA | IOL Business ReportSolidarity brings business rescue application to SAA | IOL Business ReportSolidarity has revived its plans against the South African Airways (SAA) by announcing that it is bringing an application to place the cash-strapped airline into business rescue. busrep
Read more »

SAA has no money, says Jackson Mthembu | IOL NewsSAA has no money, says Jackson Mthembu | IOL NewsMthembu told the media that while they implore Numsa, Sacca and SAA to find an amicable solution to the strike the airline has no money. SAAStrike
Read more »



Render Time: 2025-02-26 19:21:15