Transnet strike toll grows as operator to meet unions

State-owned port and rail logistics company Trasnet and labour unions will meet again Wednesday in the latest effort to end a strike over wages that’s progressively slowing the flow of goods in and out of the nation. Moneyweb WageDisputes

State-owned port and rail logistics company and labour unions will meet again Wednesday in the latest effort to end a strike over wages that’s progressively slowing the flow of goods in and out of the nation. The industrial action that started October 6 has severely reduced staff at key ports that export iron ore and coal from South African mines. Shipments of agricultural goods are also at risk, with fruit farmers raising concerns about the limited shelf life of their products.

” The company’s latest proposal for pay raises of up to 5% and a boost to housing and medical allowances of 1% was rejected by Untu, the union said in a letter to its members. The labor group advised Transnet that it would consider an increase above 8%, a position that resulted in a deadlock, Carestone Damons, a member of Untu’s bargaining team, said in a mobile phone message. Coal and iron ore miners have warned that a prolonged strike will curtail exports and hobble production.

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