Related Articles
Top Stories
Feb 12 2012 15:59
Moral hazard, financial weapons of mass destruction, a huge mess - these were the words used by a founder member to sum up the collapse of the Pinnacle Point Group.
Feb 12 2012 15:58
Construction companies are now undertaking a second round of self-examination into uncompetitive behaviour.
Feb 12 2012 14:54
American billionaire George Soros has slammed German Chancellor Angela Merkel, warning that her policies could lead to a repeat of the Great Depression.
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