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Union leaders have signed a 7% across-the-board wage deal with Eskom, adding R1bn-plus to the salary bill of the cash-strapped state-owned company and ending a weeklong wildcat strike that deepened SA’s electricity supply crisis.

The pay hike agreement, which is above the headline inflation rate of 5.9% forecast by the Reserve Bank for 2022, will also see about 28,374 Eskom employees in the bargaining unit getting a R400 increase in the housing allowance...

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