Cash-strapped Eskom has offered its employees an inflation-targeted 4.7% wage increase for 2018 and inflation-based increases for the three years thereafter. The power utility met with trade unions on Tuesday to resume wage negotiations following a week-long deadlock. Eskom initially offered workers no wage hike. This was disputed by trade unions and resulted in labour unrest at the company. The unrest was blamed by Eskom for a roll-out of load shedding since last Thursday. The National Union of Mineworkers, the National Union of Metalworkers of SA (Numsa) and Solidarity said they would take the company’s revised offer to their members for a mandate.

They said other demands such as housing allowance increases and payment of performance bonuses would remain unchanged. The unions said they viewed the 4.7% proposal as an “opening offer” by Eskom, suggesting they expected it to increase. Business Day understands the unions, which until now had demanded 9% and 15% hikes, will be fo...

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