Transnet strike: 95% of South Africa's economy will be directly negatively affected | The Citizen

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Transnet strike: 95% of South Africa's economy will be directly negatively affected | The Citizen
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Political and energy analyst Tshepo Kgadima said although the impact of the strike seemed small, “in the greater scheme of things, the impact on the economy might be hard to recover from”. 👀See why here 👇

Transnet’s ongoing strike is a time bomb which will have a “catastrophic knock-on effect” on the already struggling economy, as it is SA’s economic lifeline and the state-owned ports and freight rail operator is integral to the sector. “Everything to do with agriculture, whether it’s input materials such as diesel, fertilizer the farmers so badly need because it’s a planting season, grains or wheat which we need to...

Transnet declared force majeure at its ports on Thursday, saying they were anticipating some of their operations would be scaled down. However, the United National Transport Union said members were not backing down from their demands, which include a wage increase and general improvement in their conditions of employment.

The SA Transport and Allied Workers Union threatened to go on strike on Monday if members did not agree to the new offer.

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