Transnet strike

On Wednesday Transnet sweetened its wage offer to unions boosting its wage hike offer from 15 to 3 on the day it was set to receive strike notices from unions. Transnet Port Terminals operates South Africas major ports and its parent.

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South Africas Transnet has announced a deadlock in wage negotiations with two labour unions raising the prospect of a strike that could further cripple the state-owned.

. Transnets ongoing strike is a time bomb which will have a catastrophic knock-on effect on the already struggling economy as it is SAs economic lifeline and the state-owned. Kumba expects to produce and export between 38 million and 40 million tonnes of. On Monday Untu and the South African Transport and Allied Workers Union Satawu rejected Transnets revised wage offer of 15 from this month. It also cripples the economy and deals a severe blow to.

Transnet Strike Talks underway at CCMA. Cape Town - Transnet employees were expected to go ahead with strike action related to deadlocked wage negotiations despite a dispute over whether the stoppage was. Transnet has argued that the strike is illegal due lack of evidence of the balloting process and the absence of the. The South African Association of Freight Forwarders SAAFF CEO Juanita Maree said a strike at Transnet could kick off logistics delays to the supply chain costing the.

Transnet revised its offer from 3 to 4 that was rejected. South African terminal operator Transnet has declared force majeure at its ports over a strike by workers. Two unions plan to strike at Transnet in the coming days after rejecting the rail utilitys wage increase offer. It could trigger further ratings downgrades.

JOHANNESBURG - Two big unions have downed tools at major ports across the country with. Workers are demanding a wage increase of between 12 and 135 and have rejected the. Transnet has declared the strike illegal but the SA Transport and Allied Workers Union SATAWU disputes this. Labour unions at South Africas state.

As a result of the disruption to Transnets rail and port services the estimated impact on Kumbas production is about 50 000 td for the first seven days and thereafter about. Transnet wage negotiations. The strike action makes Transnets financial position far worse. JOHANNESBURG - More workers are set to join the strike at Transnet on Monday morning as union Satawu joins the industrial action.

Transnet has been offering increases. Monday 10 October 2022 - 210pm. Untu said Transnet refused to talk about the picketing rules ahead of the strike. Transnet which operates South Africas freight rail network and all of the countrys ports declared force majeure at its ports on Thursday after some workers began a strike over.

Transnet spokesperson Ayanda Shezi said on Monday while there were labour challenges the ports were made up of multiple terminals with various owners. While the Unions secretary Jack Mazibuko acknowledges the. Oct 10 Reuters - South Africas Kumba Iron Ores KIOJJ production and exports will be hampered by a strike at state-owned logistics company Transnet the miner said on. The strike comes after the United National Transport Union Untu and the South African Transport and Allied Workers Union Satawu turned down Transnets offer of a wage.

Kumba Iron Ore says Transnet strike will hit exports 10 Oct 2022 Nelson Banya Reuters.