Today's Labour News

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UNTUBusiness Report writes that the United National Transport Union (UNTU) and the SA Transport and Allied Workers’ Union (Satawu) on Monday submitted their consolidated wage demands to Transnet for a 12% salary increase for each of the next three years.  

For employees who earned less than R100,000 per year (i.e. the lowest paid employees), there should be an additional 2% per year.  Over the period of the three-year agreement, there should be no forced retrenchments.  Steve Harris, UNTU general secretary, said the demand was justifiable given the fact that Transnet announced on 30 October that its profits had soared to R37.1bn, while its revenue rose by 13.8%.  Other demands relate to an increase in the company’s contribution to employees’ medical aid, a housing allowance increase and for all other allowances to be increased by 12%.  Further demands relate to post-retirement funeral and medical aid coverage.  Transnet’s Tumelo Mokoena commented that they still had to cost the demands, but they appeared to be very high.  Transnet is agreeable that the wage increases be implemented no later than 1 April 2018.  The negotiations are scheduled to continue on 27 November at the Transnet Bargaining Council.

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