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South Africa's Numsa Union Turns Down 10 Percent Offer - Union Sources

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The National Union of Metalworkers of South Africa (NUMSA) has rejected the latest employers' offer of a 10 percent wage increase this year and 9.5 percent in 2015 and is extending its 10-day strike, two union sources told Reuters on Friday.

Around 220,000 NUMSA members have downed tools since July 1 demanding pay rises of 12-15 percent.

The strike has dealt a further blow to Africa's most advanced economy, which is still reeling from a five-month stoppage in its platinum mining sector. The rand weakened after the news.

"We are still open for engagement with the employer and the strike is continuing," a senior NUMSA official told Reuters.

Nothing in the article stating what there wages actually are. Although it would be interesting to know what ripple effect this would have on prices throughout the South African economy.

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  • 405 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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