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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.
May 23 2012 22:00
Economic liberation or the lack thereof is the most divisive issue in the country, according to a survey.
May 24 2012 15:29
The Reserve Bank will maintain current interest rates, says governor Gill Marcus.
Johannesburg - The country-wide municipal strike is over, the Independent
Municipal and Allied Trade Union (Imatu) said on Wednesday.
"Imatu is pleased to announce that with our intervention, the
SA Local Government Bargaining Council parties have reached a
settlement in the ongoing salary dispute between Samwu and Salga,"
the union said in a statement.
Imatu said it had intervened to settle the dispute between the
SA Municipal Workers' Union (Samwu) and the SA Local Government
Association (Salga).
Imatu said the Samwu strike had been called off "with immediate
effect".
The agreement had been reduced to writing and represented a
collective agreement of the Bargaining Council.
Imatu said the agreement included that all external legal
representation - contracted attorneys and advocates - in
disciplinary procedures of municipal employees would be terminated
from July 1 2010.
An eight year long dispute with the employers' organisation
relating to a municipal wage curve and representing equal pay for
equal work at all municipalities in South Africa, had been settled.
"From July 1 2010, new salary scales based on the different
categories of municipalities will be implemented," Imatu said.
It said back payment of salaries based on nine months' payment
would be due for payment, backdated for nine months from October 1 2010."
- Sapa