Today's Labour News

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numsaReuters reports that the National Union of Metalworkers of SA (Numsa) said on Friday that its members were considering a new proposal to end a wage strike in the metals and engineering industries sector, which was then in its fourth day.

“If our members are satisfied with it, we may be able to settle the strike. In the meantime the strike will continue,” Numsa said in a statement. The strike was launched after wage talks hit deadlock, with Numsa demanding an 8% across-the-board wage rise in the first year of a three-year settlement, with inflation plus 2% in the second and third years. The counter offer by the Steel and Engineering Industries Federation of Southern Africa (Seifsa) was 4.4% for 2021, inflation plus 0.5% in 2022 and inflation plus 1% in the third year. Seifsa’s Lucio Trentini said they had met with Numsa officials earlier last week and a “framework proposal” had been agreed. He told Reuters on Friday the proposal covered four pillars – wages; their duration; extension beyond those directly involved in negotiations; and a special dispensation that would assist in achieving the third pillar. Trentini did not provide details, saying they were confidential. “If both sides can agree that that is the best way to move forward, neither side will stand in the way of bringing the strike and lockout that is currently in play to an end,” Trentini advised. He said that Seifsa hoped to receive feedback over the weekend, but maybe as late as Monday or Tuesday this week.

  • Read the full original of the report in the above regard by Wendell Roelf at Moneyweb


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