Sactwu signs wage deal for wool sector | Fin24
In partnership with
  • Deloitte

    The accounting firm has denied allegations of corruption related to Eskom contracts.

  • SAA Uncertainty

    What you need to know if you have a ticket or intend to buy one.

  • Michael Jordaan

    Forget Matric results - here's how to prepare your kids for jobs that don't yet exist.


Sactwu signs wage deal for wool sector

Jul 18 2014 12:57

Minister of Labour Mildred Oliphant and André Kriel (general secretary of Sactwu). (Supplied)

Johannesburg - The SA Clothing and Textile Workers' Union (Sactwu) has settled a wage dispute in the wool and mohair textiles sub-sector, it said on Friday.

"It is a two-year agreement. The settlement package is a wage increase of 8% for the first year and another 8% wage increase in the second year," general secretary Andre Kriel said.

He said it was further agreed that an additional 0.5% wage increase would come into effect, during the second year, should the consumer price index exceed 8% by April 2015.

He said about 103 workers in three factories in the Eastern Cape would benefit from this increase.

The union signed the agreement on Thursday and employers were expected to sign it during the course of Friday.

The increases would be backdated to July 1 2014.

sactwu  |  labour  |  wages


Read Fin24’s Comments Policy 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
Comments have been closed for this article.

Company Snapshot

Voting Booth

How concerned are you about ransomware attacks?

Previous results · Suggest a vote