Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

Metrorail strike in third week

May 31 2010 07:42

Related Articles

Rail commuters left in the lurch

Rail will take months to recover

'Progress' in rail wage talks

Final offer made to rail strikers

Freight rail plan for Jhb

SA, Moz talk about rail links

 

Top Stories

Sizeable drop in petrol price expected

May 24 2012 17:31

The Reserve Bank will maintain current interest rates, and a sizeable reduction in the local petrol price is expected, says governor Gill Marcus.

Income inequality divides SA - survey

May 23 2012 22:00

Economic liberation or the lack thereof is the most divisive issue in the country, according to a survey.

Interest rates unchanged

May 24 2012 15:29

The Reserve Bank will maintain current interest rates, says governor Gill Marcus.

 
Share Share line Print

Johannesburg - A strike by SA Transport and Allied Workers Union (Satawu) members against the Passenger Rail Agency of SA (Prasa) went into its third week on Monday.

Gauteng Metrorail spokesperson Nana Zenani said only about a third of its services were running.

"The strike action by Satawu members now enters its third week with Metrorail services still operating at approximately 32% service level," she said in a statement.

"This means that only half of the Metrorail non-striking employees and Utatu (United Transport Allied Trade Union) members are responsible for running the train service."

Commuters were encouraged to seek alternative transport.

About two million commuters rely on Metrorail every day.

The strike by Satawu and Utatu started three weeks ago after the unions rejected a five percent wage increase offer by Prasa.

But after Prasa revised the offer to 10%, Utatu accepted it.

However, Satawu members remained on strike, demanding 13%.

Prasa last week said it was waiting for a phone call from Satawu to discuss the situation.

Satawu was not immediately available for comment on Monday morning.

- Sapa 

 
 
Comment on this story
7 comments
Add your comment
Comment 0 characters remaining
Facebook's intrinsic value
May 23 2012 11:32

When it comes to judging a company’s worth, value investors like Warren Buffett look at intrinsic value. By that measure, Facebook’s shares are worth less than $10. A Reuters analyst breaks down the math. (Reuters)

NicolaaSmith

Items with an underlying monetary nature Utility, scarcity and exchangeability are the three basic attributes of an economic item which, in combination, give it economic value. All economic items are exchangeable and money is generally the generally accepted medium of exchange. All economic items t... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...