Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

Bloody transport strike enters fourth day

Feb 16 2011 22:42 Sapa

Related Articles

'Strike has limited effect on Eskom'

Cosatu backs freight strike

Truckers on edge over pay talks

Freight strike may hit ATMs: Capitec

Contingency plans made as strike bites

Truckers attacked as strike persists

 

Top Stories

Cell C move sparks price war

May 27 2012 11:21

There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.

Tupperware agents incensed by fakes

May 27 2012 11:49

The country's 200 000-odd Tupperware agents are angry about the counterfeit products being sold as the real McCoy.

Another golf estate victim

May 27 2012 13:09

The oversupply of golf estates has claimed another victim.

 
Share Share line Print
Johannesburg - The countrywide road freight workers strike is to continue on Thursday as no resolution was reached during wage talks on Wednesday, the Road Freight Employers Association (FREA) said.

"The meeting ended at 20:40 and we agreed to resume talks tomorrow morning," said spokesperson Magretia Brown-Engelbrecht.

"The aim of both parties is to finalise talks tomorrow."

At 17:00, the wage offer made to striking workers was increased to eight percent across the board but the four unions involved in the strike did not accept it.

"The employers have just increased the offer by 0.5% but that is ridiculous," said SA Transport and Allied Workers Union (Satawu) spokesperson Zenzo Mahlangu.

"We are not on strike for just 0.5 - we will not accept it. I hope they will shift with upward figures soon... otherwise we won't stop striking," Mahlangu told Sapa.

Initially, the RFEA offered an increase of 7.5% across the board for 2011 and a further 7.5% increase for 2012.

The unions - the Transport and Allied Workers Union of SA, the Professional Transport Workers Union, Satawu, and the Motor Transport Workers Union - are demanding a 20% increase allocated over a two-year period, for example 10% in 2011 and 10% in 2012.

The disruptive countrywide strike, in which several people were injured, entered its third day on Wednesday.

About 65 000 workers were participating in it.

Union members earlier marched through central Johannesburg and delivered a memorandum to the RFEA.

Police Minister Nathi Mthethwa was prompted to issue a warning to protesters that acts of intimidation and violence would not be tolerated.

It came in the wake of alleged intimidation and the destruction of property allegedly by striking truck drivers.

 
 
Comment on this story
18 comments
Add your comment
Comment 0 characters remaining
Facebook's intrinsic value
May 23 2012 11:32

When it comes to judging a company’s worth, value investors like Warren Buffett look at intrinsic value. By that measure, Facebook’s shares are worth less than $10. A Reuters analyst breaks down the math. (Reuters)

Perfin

I arranged two workshops in Cape Town at the Cape Chamber of Commerce offices as well as two computer based workshops, one on Google Adwords and another on Joomla Administrator at the training centre in Somerset West. Emarketing Workshops - http://emarketingworkshops.co.za/next-workshops 1. Interne... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...