Strike ends after ArcelorMittal SA signs wage agreement with Numsa and Solidarity
26 May 2022 - 08:27
UPDATED 26 May 2022 - 20:54
National Union of Metalworkers of SA (Numsa) said on Wednesday night that it had signed a one-year 6.5% across-the-board wage agreement with ArcelorMittal SA (Amsa), Africa’s largest steel producer.
This after union members downed tools on May 11 at all Amsa plants in the country in support of their demands for an inflation-beating increase of 10%, while the employer initially proposed a 5% increase, and a 2% cash equivalent based on all “remuneration elements to be paid monthly”...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.