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The JSE has identified and stopped "incorrect" trades from one of its members, and will reverse the trades and lower the session's total value after the close.
Johannesburg - A South African trade union covering the energy and pharmaceuticals sectors said on Friday that it failed to reach a wage agreement with employers and would down tools.
"We are making a final consultation with our members based on the outcome of the wage negotiations so as to get a mandate that will allow us to embark on a rolling Industrial Action," the Chemical, Energy, Paper, Printing, Wood and Allied Workers Union (Ceppawu) said in a statement.
The union added it had already received a legal permit from the mediation authority to go on strike.
The companies offered a wage increase of between 4% and 6%, while the union had asked for a 15% rise.
The union, which claims to represent some 65 000 workers across the country, said earlier this week that fuel and medical supplies would be at risk if a strike went ahead.
Employers in the sectors include petrochemicals group Sasol, state-owned oil company PetroSA, BP, Royal Dutch Shell Plc, Total and Chevron.
- Reuters