Seifsa warns of more headwinds after union rejects revised wage offer
As the indefinite wage strike by steelworkers entered its eighth day and workers rejected a revised offer, employers said the action had"eroded" growth in an industry that is struggling to recover from Covid-19 lockdowns and a weak economy.
The action by members of the National Union of Metalworkers of SA , the country’s biggest union, has cost the R15bn metals and engineering sector about R500m in lost output, according to the Steel and Engineering Industries Federation of Southern Africa , which represents 18 organisations employing 170,000 workers...
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