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The Reserve Bank will maintain current interest rates, and a sizeable reduction in the local petrol price is expected, says governor Gill Marcus.
May 23 2012 22:00
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May 24 2012 15:29
The Reserve Bank will maintain current interest rates, says governor Gill Marcus.
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