Vehicle sector wage talks could hamper economic recovery
Union Numsa has already issued a stern warning to leaders in the automotive industry that the upcoming negotiations will be difficult
Possible protracted wage talks in the automotive industry could hamper efforts to revive SA’s economy, which declined by R56bn in the first quarter of 2019.
On Friday, the National Union of Metalworkers of SA (Numsa), the largest trade union in SA, with more than 450,000 members, issued a stern warning to industry captains that the upcoming negotiations will be difficult. The union’s national treasurer, Mphumzi Maqungo, said the effect on the economy would be huge. ..