Speed bumps ahead for SA’s motor sector
The motor sector’s multiyear wage agreement has come to an end. It’s unclear yet what will replace it – but bruising employer-union talks look likely, with the possibility of grim consequences for the economy
President Cyril Ramaphosa is drawing inspiration from the automotive industry in his bid to grow SA’s economy. But the sector is facing problems of its own. Against a backdrop of dwindling vehicle sales, a multiyear wage agreement came to an end last weekend.
Employers and labour are braced for potentially bruising talks — and the economy may suffer if they fail to find common ground.