Metals strike might end soon
IOL Business - Jul 28th 2014, 16:46
Johannesburg - South African labour groups are close to agreeing a wage deal that would end a four-week metalworkers’ strike that has threatened growth in the continent’s second-biggest economy, according to a union official.
The National Union of Metalworkers of South Africa, the country’s biggest labour organisation, will probably announce that an agreement has been reached later today, said the official, who asked not to be identified as the decision hasn’t yet been made public.
The Steel and Engineering Industries Federation of Southern Africa, the country’s biggest group of employers, last week offered a 10 percent annual wage increase for three years to end the walkout of more than 220,000 workers.
About 12,000 companies are affected by the strike, which is costing the industry about 300 million rand a day.
A call to the mobile phone of Castro Ngobese, Numsa’s spokesman, didn’t connect.
He didn’t immediately respond to an e-mail seeking comment.
Ollie Madlala, a spokeswoman for Seifsa, didn’t immediately respond to a message left on her office phone, an e-mail and a mobile-phone text message.From © Independent On-line 2013. All rights reserved.
All women team brew special beer to celebrate Women's Month
05/08/2019 - 10:38
SAB will be launching BOLD BREW– a beer designed and brewed entirely by women– this limited edition small batch beer is exclusively available at the SAB World of Beer in Newtown, Johannesburg.
Cape Town vs Johannesburg- where are retailers really winning?
15/07/2019 - 16:11
New global research by Vend, a cloud-based retail software platform for independent retailers, has found that Cape Town independent stores enjoy average transaction values up to 49% higher than retailers in Johannesburg.
The signs are here that South Africa has reached its economic crossroad
03/12/2018 - 11:37
While South Africa attempts to shore up its own economy amid high inflation rates and a stuttering inherited financial system, the continent as a whole continues to grow. The big question, though, is whether South Africa will get left behind in terms of international investment if it doesn’t improve its financial situation, and how to avoid this.
Egypt lifts SA fresh goods ban as listeriosis threat subsides
20/09/2018 - 14:32
The department of agriculture, forestry and fisheries says Egypt's government has lifted its temporary suspension of fresh fruits and vegetable imports from South Africa, which stood as a precaution to prevent the spread of listeriosis there.
Foreword for Sowetan/Sunday World National Stokvel Survey
31/07/2018 - 13:17
Ubuntu is one of those uniquely African concepts that, for many, define what it means to be South African. A beautiful word that exemplifies a philosophy of caring for the welfare of every individual in a community – that special acknowledgement that “I am because we are.” Ubuntu is a spirit that ignites people to work together, for the benefit of all.