Numsa snubs new wage offer amid violence | Fin24
 
  • New Notes

    Long queues have formed in Harare after Zimbabwe released new bank notes and coins.

  • Open Book

    Former President Jacob Zuma says the public protector can access his tax records.

  • SAA Strike Proposal

    The flag carrier's acting CFO says a strike could destroy the struggling airline and all its jobs.

Loading...

Numsa snubs new wage offer amid violence

Jul 04 2014 09:38
Johannesburg - Striking Numsa union has rejected an increased wage offer and there have been "serious incidents of violence" by strikers, employers' group Seifsa said on Friday.

The strike in the metals and engineering sectors by over 200 000 Numsa members began on Tuesday, dealing a fresh blow to the economy after a five-month platinum mining stoppage that ended last week.

The Steel and Engineering Industries Federation of Southern Africa (Seifsa) said it had tabled wage hikes of up to 10%, up from 8% previously. The union wants increases of 12% to 15%, more than double the inflation rate.

"Regrettably, it would appear that we continue to be miles apart with the union," Seifsa chief executive Kaizer Nyatsumba said in a statement.

The offer was made during late-night talks on Thursday between the National Union of Metalworkers of South Africa and Seifsa. A Numsa spokesperson earlier declined to comment on the outcome of the talks.

There have been reports of violence and police on Thursday said officers had fired rubber bullets to disperse workers blocking the entrance to the construction site of Eskom's Medupi power station.

Economic damage is already being felt as the stoppage hits supplies of beverage cans and auto parts. The automotive sector might have to halt production if it continues beyond a week.

South Africa's biggest packaging group, Nampak [JSE:NPK], said about 40% of the 4 000 employees in its metals and rigid plastics division had failed to report for work.

nampak  |  numsa  |  seifsa  |  labour unrest  |  strikes  |  economy
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
80 comments
Comments have been closed for this article.
 

Company Snapshot

Money Clinic

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

Voting Booth

What do you think about private healthcare in SA?

Previous results · Suggest a vote

Loading...