Johannesburg - More than 2 000 workers at the South African subsidiary of brewer SABMiller [JSE:SAB] went on strike on Monday, demanding a 9.5% pay increase, a union representative said.
"There are high level discussions with union leaders and directors at SAB to resolve the matter," said Katishi Masemola, General Secretary at the Food and Allied Workers Union.
About 2 200 of some 3 000 employees at South African Breweries walked off the job after the beer maker offered a 5.5% increase, less than the 9.5% they were demanding.
SABMiller shares were flat at 10:45 in Johannesburg, compared with a 0.6% drop by the Top-40 (Tradeable) [JSE:J200] index.
"There are high level discussions with union leaders and directors at SAB to resolve the matter," said Katishi Masemola, General Secretary at the Food and Allied Workers Union.
About 2 200 of some 3 000 employees at South African Breweries walked off the job after the beer maker offered a 5.5% increase, less than the 9.5% they were demanding.
SABMiller shares were flat at 10:45 in Johannesburg, compared with a 0.6% drop by the Top-40 (Tradeable) [JSE:J200] index.