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Transnet's door remains open

Johannesburg  - Transport utility Transnet said on Monday its "door remains open to real negotiations" with trade unions as it revised upwards the costs of the industrial action.

Commenting after the collapse of mediate wage talks between the parastatal and trade unions, Transnet said it kept its door open for "genuine talks" to seek a solution to the dispute when the unions were ready for a "realistic and fair settlement".

The South African Transport and Allied Workers Union (Satawu) and the United Transport and Allied Trade Union (Utatu) have tabled a fresh demand of 13% from the original 15%.

Transnet maintains that its wage offer of 11% is "fair and generous".

It is not clear when the parties would return to the negotiation table.

The new round of negotiations facilitated by the Commission for Conciliation and Mediation (CCMA) failed at the weekend to end the wage dispute.

Transnet said the strike had left nearly R30m of damage in its wake.

On Friday, the company said striking workers had caused more than R20m damage to the group's equipment.

Transnet said it was satisfied that its contingency plans had succeeded in limiting the disruptions to critical flows.   

The group said it was planning for the post-strike recovery including the rebuilding of relationships and morale of employees.

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